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₹8,000 to ₹15,000
- On average, the registration cost can range from ₹8,000 to ₹15,000, excluding any additional services or consultancy charges.
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How much does LLP registration cost in India?
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Limited Liability Partnership (LLP) An LLP operates as an independent legal entity where the partners’ liabilities are confined to their investment in the business. This structure blends the benefits of a partnership’s flexibility with the limited liability features of a corporation. Private Limited Company (PLC)
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- Documents of Partners
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- FAQs
All partners in the LLP will be required to submit the following: 1. Identity proofs and PAN cards of all partners. 2. Address Proofs of partners that include Voter ID, passport or driving license. 3. A passport size photograph against a white background. 4. Passports of NRIs and foreign nationals who wish to become partners in an LLP.
Documents related to the LLP entity that needs to be compulsorily submitted are: 1. A proof of the registered office of address needs to be submitted at the time of registration or within a time span of 30 days of the incorporation of the LLP. In case, the registered office is a rented facility, an NOC from the landlord is necessary. Additionally, ...
Find below the cost involved in the registration process: DSC – Around Rs. 1500-2000 for 2 partners Name Reservation – Rs. 200 Incorporation – Depends on capital contribution Contribution up to Rs. 1 lakh – Rs. 500 & Contribution between Rs. 1 and 5 lakh – Rs. 2000 LLP Agreement -Depends on capital contribution. Contribution up to Rs 1 lakh – Rs 50...
Limited Liability Partnerships in India are based on the Limited Liability Partnership Act of 2008. The Limited Liabilities Partnership Act 2008 was officially published on the 9th of January, 2009 in the official Gazette of India and has been effective since 31st March, 2009. The rules constitutive of this act were later published on the 1st of Ap...
Limited Liability: The liability of the partners in limited and its limited only to their contributionLLP can be easily transferred to one person from anotherNo audit required up to turnover less than Rs. 40 lakh and Rs. 25 lakh as capital contributionLLP holds the right to own and transfer property and this can be performed under their own nameMinimum age required to start an LLP is 18 years, but person below 18 years can become a member as wellMinimum two individuals are required to start an LLPNo maximum limit of partnersNo minimum capital required to start an LLP except stamp dutyLLP is a separate legal entity whereas Partnership firm is not liability of partners is limited to the extent of their contribution. In partnership the liability of partnership is not limitedLLP formation requires two designated partners. In partnership the maximum capping is up to 50 partnersLLP registration is mandatory and is done with Ministry of Corporate Affairs, whereas Partnership firms are registered under Registrar of firmsLLP’s name should be unique and should duplicate any existing name but there is no restriction for using name in PartnershipQ. How much time does it take to register as an LLP? Ans.The total time for registering an LLP is approximately 15 days. Q. How much does it cost to register as an LLP? Ans.Registering for an LLP costs from Rs. 2500 – Rs. 6000 depending on the number of partners and the capital contribution. Q. What are the restrictions in respect of minimum and ma...
Mar 1, 2024 · The cost of registering a Limited Liability Partnership (LLP) in India varies depending on factors such as professional fees, government filing fees, and other incidental expenses. On average, the registration cost can range from ₹8,000 to ₹15,000, excluding any additional services or consultancy charges.
May 29, 2023 · An LLC provides several advantages, including limited liability protection, ease of formation, and flexibility in management. In this blog post, we will delve into the process of registering an LLC in India in 2023, highlighting the key steps and requirements. Understanding the Limited Liability Company (LLC) Structure.
The cost of forming an LLP is low compared to the cost of incorporating a public or private limited company. The compliances to be followed by the LLP is also low. The LLP needs to file only two statements annually, i.e. Annual Return and a Statement of Accounts and Solvency.
