Limited Liability Partnership (LLP) Registration

Company Registration in Mumbai, GST Registration in Mumbai, GST Filing, LLP Registration in Navi Mumbai, Partnership Firm Registration in Andheri, Private Limited Company Registration in Bandra, Tax Baniya

LLP is a legal entity, it is a separate entity. It is registered under LLP Act, 2008. It should have a minimum of 2 Designated Partners and there is no limit on maximum numbers. 

The liability of each partner is limited to the contribution made by the partner.

A Foreign National can be the Partner of LLP. A LLP can also register under Startup India Scheme

Tax Baniya will help you in all your requirements regarding the registration of LLP and other formalities. Our Business advisors will give solutions to all your queries regarding LLP Incorporation and help you to take your decisions easily.

Tax Baniya started with the simple idea that doing business in India should be very easy. Our growing team of young hard working professionals is our biggest asset. Our team puts the consumer first, and work meticulously to ensure that documents are filled correctly and swiftly.

Tax Baniya is leading Company Registration Service Provider and acts as a Consultant in Mumbai, Navi Mumbai, Thane, Palghar 

Simple Pricing & Deliverables

Gold

₹6,999
  • Time Line : 10 – 15 Days
  • DIN for 2 Designated Partners
  • DSC of 2 Designated Partners
  • LLP Agreement
  • Certificate of Incorporation
  • e-PAN Card
  • e-TAN Letter

Platinum

₹9,999
  • Time Line : 10 – 15 Days
  • DIN for 2 Designated Partners
  • DSC of 2 Designated Partners
  • LLP Agreement
  • Certificate of Incorporation
  • e-PAN Card
  • e-TAN Letter
  • GST Registration
  • Udhyam Registration

Diamond

₹19,999
  • Time Line : 10 – 15 Days
  • DIN for 2 Designated Partners
  • DSC of 2 Designated Partners
  • LLP Agreement
  • Certificate of Incorporation
  • e-PAN Card
  • e-TAN Letter
  • GST Registration
  • Udhyam Registration
  • Professional Tax Registration
  • IEC Code
  • Start up India DIPTT Recognition

Registration Process

For LLP

LLP Name & Objects

Give 2-3 Proposed Name of Company and its Objects
Check Name

Get Name Approval

Collect Checklisted Documents

Apply For Digital Signatures

Prepare Incorporation Documents & Get Signed

File Form FFLIP

Get COI, e-PAN, e-TAN

Execute LLP Agreement & File Form 3

Open Bank Account

Other Business Registrations

LLP needs to take other Operational Licenses like GST, Udhyam, IEC, Professional Tax, wherever applicable

Documents & Information Required

For Registration of LLP

LLP Specific Details

  • Name of LLP
  • Significance of LLP Name
  • Object of LLP
  • Fixed Contributions
  • Profit Sharing Ratio
  • Address of Company (Not older than 1 month) - Electricity Bill Or MTNL Bill or GAS Bill
  • No Objection from Owner

Partners’ Details

  • Name of Partners
  • Shareholding Pattern of Partners
  • Email ID of Partners
  • Mobile Number of Partners
  • Photos of Partners
  • Identity Proof - Any 1 Out of Passport / Driving License / Voter Id Card / Aadhaar
  • Residential Proof (Not Older than 1 Month) - Any 1 Out Of Electricity Bill / Phone Bill / Mobile Bill / Bank Statement in the name of the Partners

Features

For Registration of LLP

SEPARATE LEGAL ENTITY

The LLP is a separate legal entity, is liable to the full extent of its assets but liability of the partners is limited to their agreed contribution in the LLP

MUTUAL AGENCY

MUTUAL AGENCY: Independent or unauthorized actions of one partner do not make the other partners liable. All partners are agents of the LLP.

Alternate to Private Limited Company

LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership.

LESSER COMPLIANCE

Lesser Compliance - Audit is Compulsory if Turnover exceeds Rs.40 Lakhs or More or contribution exceeds Rs. 25 Lakhs or More

LLP Compliances

Under LLP Act

Form 11 - Annual Return
  • Every LLP is required to file Annual Return in Form 11 to the Registrar within 60 days of closer of financial year i.e. has to be filed on or before 30th May every year.
Form 8 - Annual Accounts
  • Every LLP is required to file Annual Return in Form 8 Statement of Solvency (Accounts) containing Annual Statement of Accounts
LLP Audit
  • It should be noted that LLPs / FLLPs whose annual turnover exceeds Rs. 40 lakh or partner's obligation of contribution exceeds Rs. 25 lakh are required to get their accounts audited by auditor of the LLP mandatorily
DIR KYC
  • Every Designated Partner or Partner having DIN must do annual DIR KYC. Penalty for non-filingof DIR KYC is RS 5000 per DIN

Under Income Tax Act

  • ITR In case LLP Audit is not required - 31st July of every year
  • ITR In case LLP Audit is required - 31st October of every year
  • In Case Tax Audit under Income Tax Applicable (Turnover Exeed 50/75 lacs in case of Professionals or 1/10 Crore for Others) - 30th September for Tax Audit Filing & 31st October for ITR Filing
  • Penalty For Non Filing of ITR – Rs. 1,000 to 5,000
  • Penalty for Non filing of Tax Audit Report - 0.5% of the turnover or the gross receipts subject to a maximum of Rs. 1,50,000