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The introduction of a Limited liability partnership will provide a new option for partnerships that are anxious about their exposed liability. Because of the growth of the Indian industry, LLPs will contribute to the growth of the sector and a large number of existing companies, public as well as private. LLP registration in India has become more comfortable after coming of the Limited Liability Partnership Act, 2008.
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01 LLP REGISTRATION | AUGUST 2020 LLP Registration
02 About LLP Registration Limited Liability Partnership (LLP) offers additional advantages from other partnership firms like the advantage for partners. They have limited liability, so their advantages and salary are secured, and the accomplices can arrange and direct work simply like a partnership firm. Or on the other hand we can say that limited liability partnership is a separate legal entity, and it has the power to utilize all the benefits and ensuring the partner's very own advantages and pay from liabilities. LLP REGISTRATION | AUGUST 2020
03 Benefits of LLP Registration Step 1: Corporate Body Step 2: Never Ending Step 3: Limited Liability Step 4: Least Requirements Step 5: The LLP Agreement Step 6: Easy Online Registration & E-filling Step 7: Easy Conversion Step 8: Business Management Step 9: Profit Sharing Business LLP REGISTRATION | AUGUST 2020
04 LLP REGISTRATION | AUGUST 2020 Process of LLP Registration Step 1: Obtain DSC Step 2: Apply for DIN Step 3: Name Approval Step 4: Incorporation of LLP Step 5: File LLP Agreement
05 LLP REGISTRATION | AUGUST 2020 Documents required for LLP Registration
06 LLP REGISTRATION | AUGUST 2020 Documents of Partners: PAN Card/ ID Proof of the Partners Address Proof of the partners Residence Proof of Partners Photograph Passport (in case of Foreign Nationals/ NRIs) Documents of LLP: Proof of Registered Office Address Digital Signature Certificate
07 LLP REGISTRATION | AUGUST 2020 Conclusion The introduction of a Limited liability partnership will provide a new option for partnerships that are anxious about their exposed liability. Because of the growth of the Indian industry, LLPs will contribute to the growth of the sector and a large number of existing companies, public as well as private. Limited Liability Partnership Firm Registration in India has become more comfortable after coming of the Limited Liability Partnership Act, 2008.
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