Here is the Process to register LLP in Ludhiana

Are you confused about which company type suits your business plan the most? Here’s a complete guide to LLP and its registration. A Limited Liability Partnership (LLP) is a partnership in which partners have limited liability. It can exhibit characteristics of both partnerships and companies. In an LLP, an individual partner is not responsible or liable for any other partner’s misconduct or negligence. LLP was introduced in India in the Limited Liability Partnership Act, 2008.

LLP registration process

• Get a digital signature (DSC)
• Apply for Director Identification Number (DIN)
• Get the name of the company approved through ‘Reserve your Unique Name’ service (RUN)
• Incorporation of LLP
• File ‘Limited Liability Partnership Agreement’

Read the complete detailed Procedure of LLP Registration.

What are the advantages of registering a business as an LLP?

• An LLP is easier to start and manage and the process has fewer formalities
• It has a lesser cost of registration as compared to a Company
• LLP is like a corporate body having its existence other than its partners.
• LLP can be started with any amount of minimum capital

Know more: A complete guide to LLP Registration in Punjab

What are the documents required for LLP registration in Ludhiana?

The basic documents required for LLP registration in Ludhiana are

• Photograph of all the Partners
• PAN Card of all the Partners
• ID Proof of all the Partners (Driving License/Passport/Voter ID)
• Electricity Bill or any other utility bill for the address proof of the Registered Office

What is the average time taken for LLP Registration in Ludhiana?

The average time taken to complete the LLP registration is about 15 – 20 working days, subject to government approvals.

Ludhiana is known as the commercial hub of  Punjab, which is a notable representation of the industrial skills and hard work of its populace. The unparalleled industrial growth in the city is imitated as an exemplar all through the country.

If you need any assistance in registering your LLP in Ludhiana, feel free to contact us for a free consultation. Experts at EbizFiling shall be pleased to be at your service. call 9643203209.