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 Benefits of LLP Registration
What are the documents required for LLP registration in Srinagar?
The basic documents required for LLP registration in Srinagar 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 Srinagar?
The average time taken to complete the LLP registration is about 15 – 20 working days, subject to government approvals.
Srinagar has already been considered as the “paradise on the earth” because of its scenic beauty. Srinagar economy is mainly dependent on tourism and agriculture. The agro-based industry and sericulture have opened up new avenues of growth. The export business is gearing up and many small scale business owners are investing money for exporting products.
If you need any assistance for registering your LLP in Srinagar, feel free to contact us for a free consultation. Experts at EbizFiling shall be pleased to be at your service. call 9643203209.
Get started with LLP Registration in Srinagar.
About EbizFiling.com:
EbizFiling.com is a motivated and progressive firm managed by like-minded people. It helps a variety of small, medium and large businesses to cater to all compliance requirements of Indian Laws.
Get in touch for a free consultation on info@ebizfiling.com or call 9643203209
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