What are you looking for? Is it LLP FIRM REGISTRATION IN DELHI? Amongst the various firms which are registered LLP REGISTRATION is considered to be amongst the balanced structure for an incorporation as each partner of the firm registered under LLP holds conventional liabilities and yet enjoys the profit of the company. Any LLP FIRM REGISTRATION is regulated under Limited Liability Partnership Act 2008. It is a popular choice which adhere into the requirement of service providing be it consulting, education and CA firms etc. Limited Liability Partnership Registration in Delhi can be easily incorporated and maintained. But one cannot easily transfer the ownership in LLP as it can be done in Private Limited. So in this you will get a brief account of the requirements for LLP registration-
Documents required for LLP REGISTRATION
Steps involved for the LLP FIRM REGISTRATION
You need to obtain a digital signature certificate for the involved partners and their Director Identification Number as well. For obtaining these certificates you need to ensure that you have the following documents along with you-
You need to register the desired name for your company. You will have to provide 6 choices for the name accordingly the name will be approved on the basis of availability. To finalise the name ensure that it goes through the LLP guidelines or you can take our assistance. The proposed name is submitted to MCA which is forwarded to ROC for approval. The time duration of name approval varies from ROC to ROC.
Once you receive the approval letter for the name we proceed for Filing of Incorporation which takes 60 days for finalising. The draft of the LLP agreement comprises of
Along with the LLP agreement you need to have the soft copy of the following documents along with you since they will have to be uploaded electronically-
Once you fill up the following forms you will receive your registration details and accordingly you can proceed for PAN card registration of your LLP firm.
The details which are required during registration needs to be very particular and without error for the same you can get your LLP FIRM REGISTRATION IN DELHI by the help of PKG Consultancy.
There are many advantages and simultaneous disadvantages of registering your firm as an LLP here is a brief of the advantages and disadvantages involved in LLP registration
ADVANTAGES-
No minimum contribution is required. You can even enlist movable, non-movable or tangible assets as a capital while registering for LLP.
You need to have minimum two partners for registration but there is no set maximum limit for partners as it is so in private firm registration.
The registration cost for LLP registration is absolutely low and it varies from consultancy to the other. With us you can have the best of deals for LLP registration.
There is no requirement of compulsory audit but if your contribution exceeds 25 lakhs and turnover exceeds 40 lakhs in that case you will have to have annual audit.
Dividend distribution tax is not payable in LLP registration Delhi but the partners need to pay their individual tax. Additional tax liabilities like Divided Distribution Tax etc. is not applicable.
DISADVANTAGES-
If you fail to comply by the norms of LLP registration in that case, you will have to bare heavy penalty which will only increase if you do not abide by it.
It lacks the concept of shareholding or equity. So you cannot enjoy funding benefits as in Private Limited Registration. The turnover rates for above 250 crores is higher than private limited registration.
So now you know the details involved in LLP REGISTRATION DELHI for other queries you can write to us as we are always here to assist you with your problems.