LLP Firm Formation

A Limited Liability Partnership is a perfect combination of the benefits of a partnership and a company. It provides entrepreneurs with the flexibility of a partnership and limits their personal liability. In an LLP, one partner is not liable for another’s misconduct or negligence, so it is a preferred option for modern businesses.

Introduced by MCA in the year 2008, LLPs have gained wide acceptance as it reduces complications while providing a robust and operational advantage. However, timely compliance is important to avoid hefty penalties.

Why Choose LLP?

1. Limited Liability Protection: Partners’ personal assets remain protected from any business risks or debts.
2. Separate Legal Identity: The LLP exists independently of its partners and can therefore own property, sign contracts, and work in its own name.
3. No Partner-to-Partner Liability: You’re not liable for your partner’s mistakes or negligence.
4. Tax Efficiency: LLPs are treated as firms for taxation, so you’ll enjoy the tax provisions applicable.
5. Flexible Management: The operational structure is simple and thus easy to start and manage.
6. Credibility and Trust: LLPs have more credibility than traditional partnership firms, which builds trust with clients and investors.

How to Register Your LLP with JSR Taxes Mentor

At JSR Taxes Mentor, we make the process of registering your LLP easy for you. We take care of every step so that you can focus on building your business.

Our Registration Process

• Obtain DSC (Digital Signature Certificate)
  • Every designated partner needs to have a DSC to sign digitally.
• Apply for DIN (Director Identification Number)
  • Every partner needs a DIN to be registered as a director.
• Name Approval
  • Select a unique name for your LLP and get it approved by the MCA.
• Draft LLP Agreement
  • We draft an all-inclusive agreement stating the roles, rights, and responsibilities of the partners.
• LLP Incorporation Certificate
  • Once your application is approved by the MCA, you will receive your incorporation certificate.
• Post-Incorporation Compliances
  • We assist in applying for PAN, TAN, ESIC, EPF, and other required registrations.

Documents Required for LLP Formation

For Promoters/Shareholders

• Copy of PAN Card
• Copy of Aadhaar Card, Voter ID, or Passport
• Passport-size Photograph
• Latest Bank Statement or Utility Bill (not older than 2 months)

For Registered Office

• Electricity Bill, Telephone Bill, or Gas Bill (not older than 2 months)
• Rent Agreement (if the property is rented)
• No Objection Certificate (NOC) from the Property Owner

Additional Details Needed

• Personal Details: Occupation, area of occupation, educational qualification, email ID, mobile number, and place of birth.
• Company Details: Proposed names for the LLP (minimum of two in preference), primary aims of the LLP, issued and paid-up capital, and equity distribution among partners.
• Office Information: Police Station where Registered office falls.

Why choose JSR Taxes Mentor for LLP Registration?

The decision for selecting a right LLP Registration partner is just as vital as for creating a business itself. Here is why hundreds of businesses choose JSR Taxes Mentor as their most preferred option:

• End-to-End Guidance: From documentation to post-registration compliance, we guide you through the process.
• Fast and Efficient: Our streamlined process ensures your LLP is registered quickly and hassle-free.
• Affordable Pricing: Transparent pricing with no hidden fees—get the best value for your investment.
• Experienced Team: Our professionals bring years of expertise in company registrations and compliance services.
• Dedicated Support: Whether you want to know before or after registration, we are here to help and give you customized solutions.

Get Started Today!

Let JSR Taxes Mentor handle your LLP registration and focus on building your dream business. Contact us now for a free consultation and experience the smoothest, most hassle-free registration process!