Get Professional Help for LLP Registration Online
Limited Liability Partnership which is also known as LLP is a balanced structure offering the advantages of a conventional partnership firm and a company. Limited liability partnership Registration is managed under the Limited Liability Partnership Act, 2008. Partnership LLP registration has lesser structured roles and responsibilities and provides numerous benefits of a company structure. Some of the advantages offered under this kind of limited liability partnership Registration in Delhi include limited liability of the partners and separate & perpetual legal existence.
LLP Registration is quite a famous business formation among services and professional firms such as Management Consulting Businesses, Chartered Accountants, Company Secretaries, Recruiting Firms, and other services-based businesses.
Why one must register their Business as a Limited Liability Partnership?
Limited Partners' Liabilities
The main benefit of LLP registration in Delhi as a Limited Liability Partnership against a Partnership Firm is that it counts for a different legal identity. Hence, LLP offers a limited liability advantage to the partners. In case there is any kind of loss or insolvency, the liability of the partners will be restricted to the capital contribution as per the LLP agreement.
Separate Legal Existence
Limited Liability Partnership Registration creates a separate legal identity for all the partners. Governed by the LLP Act of 2008, this kind of partnership permits the business to contract with other entities, take legal action, own assets, and borrow funds by the name of the LLP itself. Also, it offers much more flexibility to the business to work independently.
Less Compliance Requirement
Compliance requirements for an LLP are less against the Private Limited Companies. It is not compulsory to have an audit requirement until a certain level of turnover or contribution. Unlike other companies, compliances related to board meetings, statutory meetings, etc. are not applicable to LLPs. Moreover, professional services from the experts like Valcus for partnership LLP registration in Delhi are available at lower rates making it much more cost-effective.
Documents Needed for LLP Registration in India
PAN Card: PAN Card is mandatory for all partners. Foreign nationals need to provide a passport
Partners Address Proof: Aadhar Card/ Voter ID/ Passport/ Driving License of all partners is required.
Photograph: Latest Passport size photo of all partners
Business Address Proof: Latest Electricity Bill/ Telephone Bill of the registered office address needs to be produced.
NOC from the owner: No Objection Certificate needs to be provided from the owner of the registered office
Rent Agreement: The rent Agreement of the registered office must also be provided at the time of limited liability partnership firm registration.
Why one should choose Valcus
- We are a team of Expert CA, CS, and Lawyers
- The dedicated Account Manager provides 24/7 assistance
- Affordable Pricing, and Fast Registration
- 100% Online LLP Registration Process and Post-Incorporation Help
- Lakhs of satisfied customers
Get in touch with the experts at Valcus in case you require any kind of assistance regarding limited liability partnership firm registration in Delhi.
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