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Get your LLP
Get your LLP
Limited Liability Protection to Directors personal assets
Many times startups need to borrow money and take things on credit. In case of normal Partnerships, Partners personal savings and property would be at risk incase business is not able to repay its loans. In an LLP, only investment to start a business is lost, personal assets of the Partners are safe.
Better image and credibility in Market
Limited Liability Partnership (LLP) is a popular and well known business structure in the world. Corporate Customers, Vendors and Govt. Agencies prefer to deal with LLP instead of proprietorship or normal partnerships.
No Audit Requirement & Minimal Compliances
LLP is easy to manage and statutory audit is not required for Limited Liability Partnership. LLP is most ideal for small enterprises. Tax Audit is also not required for LLPs with capital less than Rs. 25 lac and turnover not exceeding Rs. 40 lac.
Continuity of Business
LLP continues to exist beyond the existence of its Partners. This is not possible in traditional partnership firms.
Minimum 2 Partners
DIN (Director Identification Number) for all the Designated Partners
If a body corporate is a Partner, it has to nominate a natural person as its Nominee
DSC (Digital Signature Certificate) for all the Designated Partners
There is no concept of share capital, but each Partner has to contribute towards capital of LLP
Address proof for office of LLP
DIN for 2 Partners
Bank A/C Opening Document Support
Master File of all docs filed for Incorporation
Digital Signature for 1 Partner
LLP PAN Card
Domain + Hosting + 10 Emails for 1 year
Dedicated Service Manager
LLP TAN/TDS Number
Or Online Accounting Software for 1 year
Award Winning - ISO certified Team
Years of startup centric
at your service
Startups served across India
Years of startup centric legal expertise
Team members at your service
Registrations done every month
Mr. Bikash GarabadauFounder, Cosmo Trade
There was a little bit of anxiety and doubt when I contacted them as I was from one side of the country and they were from other side and I was new to online filing and documentation process. But the service I got from them was marvelous. These guys are so professional, that I never felt to be new to them. The execution of papers, documentation and processing was first class. They finished the assignment before committed time and pricing is absolutely affordable and value for money.
You need to arrange very simple documents of director like photograph, Pan card and one address proof. For more details, please fill the above details and
No, commercial office space is not required. You can show your own residential or rented home address as the registered office address of LLP. This office address can be changed at any time after incorporation of LLP. Once your startup is set up, stable and ready to move on to a nice corporate space you can change the registered office address by informing to the ROC office.
ROC is a Government office with whom companies get registered. Every State has one ROC office except Maharashtra and Tamilnadu where there are two ROC offices. In Maharashtra companies are registered with Mumbai & Pune ROC. In Tamilnadu companies are incorporated at Chennai and Coimbatore ROCs. In all other States like Delhi there is only one ROC office, like at Bangalore, Hyderabad and so on.
No. Startupwala provides complete online LLP Incorporation process. All legal documentation and visits are done by Startupwala.
No. Once the LLP is formed, it will be valid till it is officially closed down by the owners. No renewal or fees is required. However, every year LLPs have to file very basic returns with ROC office.
Director Identification Number (DIN) is a unique identification number required for a person to become Partner of LLP. DIN is issued by ROC office (Ministry of Corporate Affairs) It is similar to a PAN Card number.DIN is to be mentioned in documents while appointing a person as a Partner of an LLP.
A digital signature is electronic signature, which is in the form of codes. It is used for signing the electronic forms, filed with ROC for formation of LLP. Digital Signature cannot be used in physical documents.
LLP Agreement is byelaws or rules based on which important matters like main business of the LLP, capital or meetings is decided. This is a standard legal document prepared by Company Secretaries during registration of LLP.
Yes, LLP office address can be changed anytime after incorporation.