Start Limited Liability Partnership (LLP)

Start Limited Liability Partnership (LLP)


1. Arrange basic documents of Partners.
2. Apply for DSC (Digital Signature Certificate) of Partners.
3. Prepare other Legal documents.
4. File Incorporation Docs with ROC.
5. Get your LLP Incorporation Certificate.

Why to Register LLP

  • Limited Liability Protection to Partners’ personal assets
    Many times startups need to borrow money and take things on credit. In case of normal partnerships, partners’ personal savings and property would be at risk incase business is not able to repay its loans. In an LLP, only investment to start a business is lost, personal assets of the partners are safe.
  • Better image and credibility in Market
    Limited Liability Partnership (LLP) is a popular and well known business structure in the world. Corporate Customers, Vendors and Govt. Agencies prefer to deal with LLPs instead of proprietorship or normal partnership firms.
  • No Audit Requirement & Minimal Compliances
    LLP is easy to manage and statutory audit is not required for Limited Liability Partnership. LLP is most ideal for small enterprises. Tax Audit is also not required for LLPs with capital less than Rs. 25 lac and turnover not exceeding Rs. 40 lac.
  • Continuity of Business
    LLP continues to exist beyond the existence of its Partners. This is not possible in traditional partnership firms.

Minimum Requirements for LLP Registration

1. Minimum 2 Partners
2. If a body corporate is a Partner, it has to nominate a natural person as its Nominee
3. There is no concept of share capital, but each Partner has to contribute towards capital of LLP
4. DIN (Director Identification Number) for all the Designated Partners
5. DSC (Digital Signature Certificate) for all the Designated Partners
6. Address proof for office of LLP

We can HELP you with 
In  your New Limited Liability Partnership Formation, MyOfficeStaff can help you with:

1. DIN for 2 Partners
2. Digital Signature for 2 Partners
3. Incorporation Certificate
4. LLP Agreement
5. LLP PAN Card
6. LLP TAN/TDS Number
7. Bank A/C Opening Document Support
8. Master File of all docs filed for Incorporation