LLP Registration in Mumbai

LLP Registration in Mumbai

Limited liability partnership or LLP is a partnership firm in which all partners has limited liabilties. It has the features of both, a partnership and private limited. These firms can be set up under the LLP ACT 2008. The minimum partners requirement is two where aa there is no maximum limit. Foreign partners are also welcomed in these LLP Registration in Mumbai.

Why is LLP Beneficial?

LLP has both the benefits of a private limited company as well as it exhibits the flexibility of a partnership firm.

There is limited liabilities of the partners. Therefore, partners have a sense of security as there is no risk of losing their personal asset.

There are less compliance as conpared to private limited company. No complusory Audit is required.

No minimum investment required.

How to get registered?

1. Director Identification Number : You need to first get the DIN, if you dont have it already. For this a certain fee is paid.
2. Digital Signature or Certificate : Then, you need to submit the digital certificate of the partners. Digital signature of any one partners can also be accepted if not all of them.
3. KYC Documents : You need to provide your KYC documents. It can be your Identify Proof such as PAN card, Voter's ID card and soon
4. Ownership proof : After submitting the required documents, you need to acquire the ownership of your LLP from the certified register office.
5. LLP Agreement : The final step is that all partners should form an agreement and abide by it.

In India, LLP Registration cannot be done without proper documents relating to Identity proof and address proof. Identity and address proof is required of all the proposed partners of the llp which tends to be incorporated. Below is the list of documents that are accepted by MCA for the online company registration.Identity and Address Proof

• Scanned copy of PAN Card
• Scanned copy of Voter’s ID/Passport/Driver’s License / Aadhar
• Scanned copy of the latest bank statement/telephone or mobile bill/electricity or gas bill
• Scanned passport-sized photograph

For the foreign nationals, mandatorily apostiled / notarized copy of the passport and Address Proof like the latest bank statement/telephone or mobile bill/electricity or gas bill is required to be submitted. All documents submitted should be valid. The Address proof documents like the bank statement or the electricity bill should not be older than 2 months.Registered Office ProofFor Online LLP Registration in Mumbai, India, the LLP is required to have a registered office in India. To prove existence of the registered office, a recent copy of electricity Bill / Gas Bill / Telephone Bill / Water Bill is required to be submitted along with Registration Application. Also we need to submit the consent of Person whose name is mentioned in electricity Bill / Gas Bill / Telephone Bill / Water Bill for of office as a registered office of the LLP.

• Scanned copy of the latest telephone or mobile bill/electricity or gas bill
• Scanned copy of Notarized rental agreement in English
• Scanned copy of No-objection certificate from the property owner
• Scanned copy of sale deed/property deed in English (in case of owned property)

Note: It is not compulsory that your registered office need not be a commercial space; it can be kept at your residence too.Do you have a great idea to start your business but you don't know how to set up your company and register it. Then don't worry, we are here to help you with LLP Registration of your company in Mumbai.

We all know that for registering any company, we have to go through certain steps or procedure, According to the companies Act 2013, It covers everything about the company, its running directors, incorporation and dissolution of the organization.

LLP Registration is a crucial step, so one should know a few things before doing it.1. Knowing the Process:- The first Step One should do in knowing the process for LLP Registration. Director Identification Number(DIN),Digital Signature Certificate(DSC) needed for the same. Also, you need to get the company's name approved by The Ministry of Corporate Affairs.

2. Choose Company Category Wisely:Here the people get confused about selecting the right type of company, we see here the category like LLP Registration, sole proprietorship, one person company and PVT LTD. among these you can choose that company category which will benefit you till long run.

3. The Time Factor:-

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