What Are Document Required For LLP Company Registration In India?
Following are the Documents which are required for its company incorporation for each partners:-
-Copy of PAN Card
-Passport Size Photo
2.For Registered Office
-Ownership Proof (Electricity Bill, Gas Bill, Mobile bill, Aadhar Card)
What Are The Benefits of LLP ?
1. It is famous and accepted type of business all across the world.
2.It involves low cost in the registration process.
3.It is easy to manage
4.It is easy to set up
5.LLP and Partners are different from each other
6.It involves less compliance level
7.It involves least interference from Government side
8.It is easy to dissolve or for liquidity
How is LLP is different from a Private Limited Company?
A LLP is known to have Partners whereas a Private Limited company features shareholders
What happen to LLP in case of misconduct?
In LLP if any partner has conducted mistake or misconduct then only that partner who is
Behind the act of misconduct will be solely responsible for the Act and not other Partners.
Is LLP a Body Corporate?
Yes LLP is a Body Corporate.
Who can setup an LLP?
In LLP minimum two Partner is required. And any two individuals who is willing to open a Business can establish a LLP.
What is Digital Signature Certificate (DSC) and its role in Company registration?
It is basically used for signing e-forms digitally to Ministry of Corporate Affairs. Now it is a statutory requirement by the Government agencies. And it is useful way of electronically signing documents.
How much time it takes to incorporate a company?
It basically depends on Government as it depends on your name. Therefore it is recommended to select a unique name of the LLP before forming after doing proper research of its name.