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LLP Registration Services In India | One Day Process
The LLP specifies a limited liability partnership and is governed by the Limited Liability Partnership Act, 2008. The main part of a limited liability partnership is a partner not liable for the misconduct or negligence of another partner. LLPs favor professional, micro, and small businesses that are family-owned or closely-held.
A limited liability partnership provides the benefit of limited liability for its owners and requires minimal maintenance at the same time. Owners of a private limited company have limited liability to creditors. In case of default, the bank/creditor can only sell the assets of the company and not the personal property of the directors.
Registration of LLP is Simple with Our Consultants
The LLP registration process in India has been resumed by the Ministry of Corporate Affairs. Experts at Cafirmshop Consultants have helped hundreds of entrepreneurs in Mumbai, Delhi, Bangalore, Pune, Ahmedabad, Hyderabad, and all major cities of India with the LLP registration process. Our services have equally relevant reach in small cities and towns of the country.
Documents for Limited Liability Partnership Registration
Two Colour Photographs of Promoters/Individuals/ Company/ Director
PAN Card of each Shareholders and directors
Identity Proof (Voter ID / Driving License/ Passport)
Address Proof (Bank Statement / Electricity, Mobile, Telephone Bill)
Proof of Registered Office
Electricity Bill as proof must be Latest
Advantages of LLP
No limit on owners of business
There is no limit for partners in LLP. An LLP requires a minimum of 2 partners, while there is no limit to the maximum number of partners unlike a private company, which has a restriction of not having more than 200 members.
Separate Legal Existence
After LLP registration in India, a legal entity is born in the eyes of law. It differs from its owners and managers. The LLP can open a bank account in its name only for its assets and contract with the parties. It also provides the right to use third parties in case of any omission.
Lower Registration Cost
The cost of registration of LLP is less than that of any other company (public or private). Read the cost comparison of LLP, OPC, private limited, partnership, proprietorship.
No mandatory audit requirement
It does not require mandatory audits up to a certain level of turnover or contribution. It is mandatory for any other company (public, private) to have its accounts audited by the auditing firm.
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