Friday, May 8, 2020

Process of LLP Registration in India

LLP Registration in India
LLP Registration in India

Limited Liability Partnership is a form of business which involves the qualities of both the private limited company and flexibility of partnership firm. It is a type of company which has ample flexibility and some liabilities. The main reason for the increase in the registration of LLP over the years is its simple steps in formation and easy maintenance. It is very useful for the limiting the liability of owners.

In this form of business no partner is liable for any unauthorized action of any other partner. Hence, the individual partners are shielded from joint liability caused due to other partner’s misconduct. This form of business is highly advantageous for professionals, micro and small businesses which are family owned or they are held closely.
The process of the LLP registration is very simple and small process. It offers benefits of both a company and partnership firm. The application for the LLP registration can be done online by filing for incorporation on the official website portal of Ministry of Corporate Affairs (MCA). The online process is not only more efficient but also saves immense time of the applicant. The steps are: 
  • First get digital signature (DSC) of all the partners, shareholders and directors.
  • All the directors of LLP have to apply for Director Identification Number (DIN)
  • Choose a name for the LLP and file application for its approval
  • File the application for LLP incorporation and registration
  • File the ‘Liability Partnership Agreement’ for the responsibilities of all the partners
  • Obtain LLP registration certificate after the specific time period
  • Obtain the TAN and PAN for the LLP 

The formation of a new company or LLP is very difficult and time consuming process, with numerous essential tasks in hand. Hence, the owners can contact to law firm for fast and easy LLP registration services across the nation. They are completely professional and highly reliable legal firms which offer all forms of registrations, swiftly and economically.

To get more information about LLP registration services or any other kinds of company registration services in India, contact to law firm Global Jurix at following details:

Global Jurix
S-191 C, 3rd floor, Manak Complex
School Block, Shakarpur
New Delhi - 110092, India,
Website:www(dot)globaljurix(dot)com,
Call at +91-9810-062-387
Mail at: corporate(at)globaljurix(dot)com


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