₹ 9,999
₹ 10,999 (9.09% OFF)
About This Plan
Registering your firm as a Limited liability partnership involves lesser compliance issues as compared to a PLC registration.
Services Covered
- Filing of E-forms
- Drafting of LLP Deed
- Designated Partner Identification Numbers-DPINs (2 nos.)
- Digital Signature Certificates-DSCs (2 nos.)
- Issue of Incorporation Certificate
- Includes Government Fees upto Rs. 1 Lakh Capital Contribution by Designated Partners
- Stamp Duty upto Rs. 2000/- and its Notarisation in any state in India for LLP Deed
- App to manage your business Khata On the Go - Clear App
- Exclusive offers from our Partner
- Exclusive offers from ClearTax- Click here *Complimentary year-round support for ITR filing for the employees of your company. *Complimentary Free Form 16 generation and signing tool. *Exclusive discounts on paid plans of ITR filing for your employees.
Who Should Buy
- Minimum two directors and two shareholders
- Companies, body corporates or already existing partnerships
- LLPs registered outside india
- Startups and SMEs looking for carrying business with minimal legal formalities
How It's Done
- Purchase of Plan
- DSC
- Name Reservation
- Filing of LLP and DPIN application with Registrar
- Receipt of Registration Certificate
- Notarisation of LLP Deed
- Application for PAN and TAN
20 days estimate
Information Guide
Documents To Be Submitted
- Photo ID proof of partnersAny one of Voter ID or Passport or Driver License
- Address proof of partnersAny one of electricity bill or bank statement or landline bill or mobile bill (not older than 1 month)
- Specimen signature
- No objection certificate from the owner of the property of the property
- Ownership proofThis is your property sale deed
- Rent agreement of your registered office
FAQs
- What is an LLP?
A Limited Liabilty Partnership firm (LLP) is a hybrid structure between a partnership firm & a private limited company where the business is carried out in a corporate framework, guided by terms of the mutually adopted partnership deed.
- What are the advantages of registering as an LLP over general partnership firms?
- Liability- In a general partnership firm, partners are personally liable for debts of the business which means that even their personal property may be used to settle the firm’s debts. Whereas, the liability of partners is limited in case of an LLP.
- Immunity against wrong doings of other partners- Under LLP structure, partners are not responsible for negligence or misconduct of other partners whereas in general partnership firms, partners can be held responsible.
- Does the Income Tax Act treat partnership firms and LLPs differently?
- Both general partnerships and LLPs are taxed at flat rate of 30%.
- All the other income tax act provisions apply similarly except that general partnership firms are covered under presumptive taxation scheme i.e if turnover is below Rs. 2 crore in business or Rs. 50 lakh in case of profession, there is no need to maintain books of accounts or get accounts audited whereas, LLPs are explicitly not covered.
- What is the minimum capital requirement for LLPs?
There is no minimum capital contribution requirement. It can be registered even with Rs. 100 as total capital contribution.
- What is the audit requirement for LLP?
- Accounts of an LLP are required to be audited when the turnover is Rs. 40 lakh or more or when the total capital contribution is Rs. 25 lakh or more.
- The auditor of an LLP is appointed annually by the designated partners.
- The first auditor is appointed before the end of the financial year. Subsequent appointment or reappointment of the auditors is made one month before the closing of the financial year by the designated partners.
- Do I need to have any prerequisite documents to start an LLP?
Due to recent changes on MCA portal, incorporation of LLP can only proceed after 2nd October 2018 if any of the partners do not have DIN / DPIN.
- My details on my documents have a difference. Can I still incorporate my company using them?
You will need to have exactly the same details on all your documents to incorporate your company.
