LLP Registration @ Rs 7999/- (All Inclusive)

A Limited Liability Partnership (LLP) is a hybrid form of business entity that combines the features of a partnership and a company. It provides limited liability protection to its partners and is governed by the Limited Liability Partnership Act, 2008 in India. 

Some advantages of registering an LLP include limited liability protection for partners, separate legal entity status, flexibility in management and operations, ease of formation and maintenance, and tax benefits. 

To register an LLP in India, a minimum of two partners is required. There is no upper limit on the maximum number of partners, and they can be individuals or other corporate entities. At least one designated partner must be a resident of India. 

The registration process involves obtaining Digital Signature Certificates (DSC) for partners, applying for Director Identification Numbers (DIN), obtaining name approval, drafting the LLP Agreement, and filing incorporation documents with the Registrar of Companies (ROC). 

The registration process typically takes around 10 to 15 working days, subject to the timely submission of documents and government approvals. 

The documents required for LLP registration include identity and address proof of partners, address proof of the registered office, and digital signatures of partners. 

Yes, LLPs are required to comply with various post-registration compliances, including filing annual statements, maintaining proper books of accounts, conducting annual meetings, and complying with tax and regulatory requirements. 

Yes, a foreign national can be a partner in an Indian LLP. However, at least one designated partner must be a resident of India as per the Limited Liability Partnership Act, 2008. 

Yes, an LLP can be converted into a private limited company or any other permitted business entity structure, subject to certain conditions and approvals. 

While it is possible to register an LLP independently, seeking professional assistance from legal and financial experts can ensure compliance with the legal requirements and streamline the registration process. 

No, there is no requirement for minimum capital contribution in an LLP. Partners can contribute any amount of capital as agreed upon in the LLP Agreement. 

No, an LLP in India must have a minimum of two partners. It is not allowed to have a single partner. 

Yes, an LLP can have its registered office at a residential address, subject to certain conditions and compliance with local regulations. 

Yes, an LLP can have its registered office at a residential address, subject to certain conditions and compliance with local regulations. 

Yes, partners of an LLP can be changed after registration. New partners can be admitted, and existing partners can retire or transfer their ownership through a process outlined in the LLP Agreement. 

 Yes, partners of an LLP can have different profit-sharing ratios as agreed upon in the LLP Agreement. The profit-sharing can be customized based on the partners' contributions, roles, and responsibilities.