What is The Procedure of LLP Incorporation?

 How We Can Apply LLP Online in India?

To register an Indian LLP, you must be required to first apply for a Designated Partner Identification Number (DPIN), which must be done by filing eForm to obtain the DIN or DPIN. You should then need to receive your Digital Signature Certificate and register the same on the portal. LLP incorporation fees are not very high if you have the proper knowledge.


llp incorporation fees



Which person is Liable for LLP?


The minimum number of partners to incorporate an LLP. There is no higher limit on the maximum number of partners of LLP. Surrounded by the partners, there must be a minimum of two designated partners who would be individuals, and a minimum of one of them should be residents in India. Register LLP Company is now easy if you do it from Online legal India.


Is GST is Mandatory for LLP?


The Government of India recently informed that the Limited Liability Partnerships (LLP) registered under the 2008 Act should be thought of as a partnership firm or Firm under the Goods and Services Tax (GST) administration. It hence shows elements of partnerships and corporations. llp company registration you must know.


Which Person Cannot Partner of LLP?


It is simplified that as per section 5 of LLP Act, 2008 only an individual or person corporate may be a partner in a Limited Liability Partnership. A Hindu Undivided Family cannot be managed as a body corporate for the purposes of the LLP Act, 2008. Hence, a HUF or its Karta cannot become a Nominated partner in LLP.


Which Benefit We Can Get To establish an LLP Company?


Limited liability safeguards the member's personal advantage from the liabilities of the business. LLP's are a separate legal entity to the member.LLP registration online you can save your time.

Flexibility.

Taxation is another main benefit of the incorporation of an LLP. LLP are taxed at a lower rate as a contrast to Company. Besides, LLP is also not subject to Dividend share Tax as compared to the company, so there will not be any tax when you have given out profit to your partners.


 What is The Cost of LLP registration?


For DIN Registration cost rs 1000 INR for 2 Partner.

Name reservation cost 200 INR.

Incorporation cost is Depends on capital classification. Contribution up to Rs. 1 lakhs – Rs. 500, Contribution between Rs. 1 and 5 lakhs – Rs. 2000.


Location: 8th floor, Astha Kunj Rd, In front of Nehru Palce metro station, Nehru Place, New Delhi, Delhi 110019, India

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