How to Form a LLP Company in India
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An LLP combines the benefits of a partnership firm and a private limited company into a single entity. It is a popular choice for businesses looking to limit personal liability while preserving management structure flexibility.
The LLP registration process Consultant is relatively simple. There are some important things to keep in mind, however. The first step is to fill out the application for incorporation. This form is available on the MCA's website.
Once the application is complete, it must be submitted to the Registrar of Companies (ROC) in your state. This office will require proof of identity and address from the partners. The address proof can be any document that reflects the partner's current address, such as a bank statement, mobile phone bill, electricity bill, or gas bill. The name and other details on the document should match that on the PAN card.
The partners will also need to sign the LLP agreement digitally with their DSC, which is attached to their PAN card. They must also submit a passport-size photograph. If any of the partners are foreign nationals or NRIs, their passport must be compulsorily notarised or apostil led by the Indian Embassy in their country of residence before they can become part of the LLP.
Once the LLP is registered, it will need to follow minimum compliance requirements and file annual returns. Failure to do so can lead to fines and penalties.
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