Register Your Limited Liability Partnership (LLP)
127 customers
What will you get?
Name Approval
Two DSC Registration
LLP Deed
Certificate of Incorporation
DPIN Registration
PAN Registration
TAN Registration
What do we Require?
INR 28505 All Inclusive
Introduction
Introduce the LLP registration service, emphasizing its significance for entrepreneurs and businesses seeking a legal entity with limited liability. Highlight LLPs as a versatile business structure blending the advantages of partnerships with limited liability features.
Why Opt for LLP Registration?
- Limited Liability: Shield personal assets from business liabilities, protecting partners' financial interests.
- Partnership Structure: Enable collaborative decision-making and resource pooling among partners.
- Tax Efficiency: Enjoy pass-through taxation, preventing double taxation at the entity level.
- Professional Services: Ideal for professionals like lawyers, accountants, and consultants due to its flexible structure and liability protection.
- Branding and Trust: Enhance business credibility and trustworthiness in the eyes of clients, suppliers, and investors.
DPIN LLP
Designated Partner Identification Number (DPIN) is a unique identification number assigned to designated partners of Limited Liability Partnerships (LLPs) in India. It serves as an identifier for designated partners and is mandatory for all individuals who wish to become designated partners in an LLP.
Benefits:
- Limited Liability:Partners enjoy limited personal liability, safeguarding personal assets from business debts and liabilities.
- Flexibility:LLPs offer adaptable management structures, enabling partners to engage in decision-making according to expertise and contribution.
- Pass-through Taxation:Profits and losses flow through to partners' individual tax returns, avoiding double taxation.
- Continuity:LLPs have perpetual succession, ensuring business continuity despite partner changes.
- Credibility:LLP registration enhances business credibility and trustworthiness among stakeholders.
Disadvantages:
- Compliance Obligations:LLPs must adhere to regulatory compliance requirements, including annual filings and accounting standards.
- Partner Liability:Partners can be held personally liable for individual negligence or wrongful acts.
- Limited Capital Raising:Raising capital through equity funding may be more challenging for LLPs compared to corporations.
- Perception:Some stakeholders may perceive LLPs as less established or prestigious than corporations.
ProMunim of India
offers assistance in establishing a Sole Proprietorship, which is a simple and efficient company form particularly suited for individual entrepreneurs. Leveraging our experienced support and streamlined approach, you can commence your proprietorship promptly and hassle-free. Initiate your Sole Proprietorship with our services and unlock the untapped potential of your business ideas.
Frequently Asked Questions
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