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How Can An LLP (Limited Liability Partnership Firm) be Set Up in India?

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  LLP or Limited Liability Partnership is a modern type of business incorporation which has become popular among the budding entrepreneurs for its several business benefits. Here, you need at least two business partners to form the LLP or Limited Liability Partnership firm. There is a special meaning related to the term ‘Limited Liability’. It means neither of the two business partners or more than that has to bear complete responsibility for the business’s liability indebtedness.  Another benefit of the Limited Liability Partnership firm is not one partner responsible for the other partner’s wrongdoing. These are the reasons business persons love to establish the LLP (Limited Liability Partnership) firm among themselves.     Notable Features of the LLP Act 2008 There are a few notable features that are associated with the LLP (Limited Liability Partnership) Act 2008 which is conducting the LLP-related components in India -  The LLPs are considered an evolved form of the partnership fi

What is The Procedure of LLP Incorporation?

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  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. 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

What is The Process of LLP Incorporation?

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  How LLP is being Incorporated? To listing an Indian  LLP , you have required to first register for a nominated Partner Identification Number (DPIN), which may be done by filing eForm for obtaining the DIN or DPIN. ... At one Time the   LLP  name is accepted, you can list the  LLP  by filing the   incorporation  form. llp incorporation fees is not very high. Which Document is Required for incorporation document of LLP? Mentioned the name of the  limited liability partnership. provide  the name and address of the persons who are to be appointed partners of the  public corporation  or  incorporation . liability of partnership to know more details about it contact Online Legal India.   contain  like other information regarding the proposed  limited liability partnership  as may be authorized. Is It Possible for LLP to be converted into Pvt Ltd? An  LLP can  be changed  into   a  Pvt .  Ltd . company according to the provisions hold in Section 366 of the Companies Act, 2013 and Compa