Thursday 27 March 2014

LLP Formation

With its extraordinary characteristics and key attributes; LLP i.e Limited Liability Partnership has turned as one of the highly reputed and globally accepted form of corporate. Every country has its own separate rules and regulations while controlling and managing the LLP transactions. Here, in India all the LLP applications are maintained and processed under the LLP act 2009. With its unique features of limited liability has made this form of corporate as one of the popular one. All prefers to have LLP whether it is individual, big entrepreneur, industrialists or any of the professional while proving their business skills and talent.
Here, below are some of the major aspects of LLP formation in India :

1.    Can enjoy the benefits of limited liability.
2.    Can enjoy low tax liabilities in comparison with other forms of corporate.
3.    Easy to get registration as compared to private or public company.
4.    No restrictions over the maximum numbers of partners.
5.    No limitations over the minimum capital for establishment of business under  LLP.

LLP Incorporation / Formation Steps or Procedure in India

For LLP formation or incorporation one is required to follow all the steps and guidelines under a specified manner. Here, we as a LLP firm bring you with complete services in LLP formation where below you will find the steps or procedure for LLP registration in India.
•    Firstly, fill eForm DIN - 1 form in order to apply for DIN. It is compulsory for every partner in LLP to obtain Designated Partner Identification Partner.
•    Secondly; file an application for registration of a DSC. It is an application with digital signatures by the signatory partner of the LLP who have a license to sign the digital signature in order to form LLP.
•    Then, file an application for the approval of LLP name that can be done by filling forum number Form 1. In this form 1 one is required to describe all the requisite information and need to fill all the required fields.
•    After approval of name file an application under Forum 2 in order to incorporate the proposed LLP.
•    Then, within the 30 days of incorporation of LLP, one is required to file an LLP agreement under the Forum 3

Call at 011-2334333 or mail at info@caindelhiindia.com in order to avail the complete information regarding LLP incorporation and formation in India.

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