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Start your own LLP at just INR 9,999*

LIMITED LIABILITY PARTNERSHIP
INCORPORATION PACKAGE:
1 DPIN, 1 DSC
LLP Deed
ROC Registration
PAN, TAN
Post incorporation support

 

@ INR 9,999* only

 

LIMITED LIABILITY PARTNERHSIP

with FOREIGN INVESTORS

INCORPORATION PACKAGE:

1 DPIN, 1 DSC

LLP Deed

ROC Registration

PAN, TAN

Post incorporation support

FEMA compliances

 

@ INR 29,999* only

 

Limited Liability Partnership (LLP) can be regarded as middle route between company structure and traditional partnership firm. LLP requires less compliance cost compared to a company and has more appealing structure compared to traditional partnerships. LLP can be incoporated with two or more partners who can be either individual or body corporate. Out of all the partners atleast two partners needs to be appointed as designated partner. Designated partners needs to be individual, however, in case of body corporate, nominee of body corporate can be appointed as designated partner. Further atleast one designated partner needs to be Indian resident.
 
Foreign entities can opt for LLP structure along with an Indian designated partner. Incorporating LLP can be easy and less costly compared to incorporating a subisidiary company in India.

 

How to register a Limited Liability Partnership (LLP) ?

Procedural requirements for incoporating a Limited Liability Partnership in India:

  1. Getting Designated Partner’s Identification Number (DPIN) and Digital Signature Certificate (DSC) for designated partners
  2. Application for name approval
  3. Filing incorporation document and subscriber’s statement
  4. Preparing and filing of LLP deed
  5. Applying for Permanent Account Number (PAN) and Tax Deductor's / Collector's Account Numbe (TAN) for income tax purposes
  6. Applying for Goods and Services Identification Number (GSTIN)
 

Additional compliance in case of foreign promoters / investors:

  1. Filing Form FDI - LLP - I as per Foreign Exchange Mangement Act (FEMA) provisions along with relevant documents

 

What are annual / periodical compliances required for a Limited Liability Partnership (LLP)

Below is general list of annual / periodical compliances required by a LLP in India:

  1. Availing statutory audit report from a Chartered Accountant (if applicable)
  2. Availing tax audit report from a Chartered Accountant (if applicable)
  3. Filing annual returns with Ministry of Corporate Affairs (MCA)
  4. Filing annual income tax return (ITR) 
  5. Filing quarterly Tax Deduction or Collection at Source (TDS / TCS) return (if applicable)
  6. Filing monthly / quarterly GST return (if applicable)