What Process for Limited Liability Partnership Registration in Chennai?


What Process for Limited Liability Partnership Registration in Chennai?

 "Call Our Business Plan Experts at +91-72999-72500"


A Partnership Firm is a legal entity owned by two or more partners who are jointly responsible for the business and share profits & losses in equal ratios. Registered Partnership firms enjoy a wide range of benefits and are recognised as a separate legal entity. However, unregistered partnership firms are not eligible for these advantages and are susceptible to being sued by third parties, prone to tax liabilities & also lose out on investment opportunities.

Due to the flexibility offered by LLPs and higher potential to attract investments, many partners are considering converting their existing partnership firms into a LLP.  A LLP offers the benefit of limited liability and has more organised structure for running the day-to-day business which makes it more attractive to investors.

To convert a partnership firm into an LLP, you must submit Form FILLIP along with the following documents to the Registrar of LLPs:

The address proof of the registered office, identity proof and PAN card details of all the partners must be attached. In case the proposed name of the LLP is identical to any other LLP or company, a copy of consent letter or board resolution from the existing firm serving as NOC must be attached.

To register an LLP, you will need to submit several documents to the Registrar of Companies (RoC). Once the Registrar is satisfied with the submitted documents, he will issue a Certificate of Registration to the LLP. All the details of the LLP will be published in the Register of LLPs which is accessible to anyone for a fee. The LLP must also obtain its GST Registration and get its own bank accounts.

 

Tel:+917299972500

info@filingpoint.com

Comments

Post a Comment

Popular posts from this blog

How to Run Software Company Registration in Adiramapattinam, Thanjavur

Image
Call our filing point expert at +91 72999 72500 or visit https://filingpoint.com   Introduction   Starting a software company in Adiramapattinam, Thanjavur, can be an exciting venture, and with the right guidance, the process can be smooth and straightforward. Filingpoint, with 14 years of experience in company registration , offers an excellent service to help you navigate this journey.   Step 1: Choose a Company Name Your company name should be unique and comply with the naming guidelines provided by the Ministry of Corporate Affairs (MCA). It’s wise to have a few alternatives in case your preferred name is already taken.   Step 2: Obtain Digital Signature Certificate (DSC) A Digital Signature Certificate is required for the directors to sign the electronic documents. Filingpoint can assist in obtaining the DSC for your directors quickly and efficiently.   Step 3: Apply for Director Identification Number (DIN) Every director must hav...
Read more

Expanding Your Business: How LLPs Facilitate Easy Admission of New Partners

Image
Call our filingpoint experts at +91 72999 72500 or visit https://filingpoint.com Introduction: Expanding your business can be a seamless process with the right structure in place. Limited Liability Partnerships (LLPs) offer a flexible and efficient way to admit new partners, enhancing your company's growth potential. Filingpoint's comprehensive service streamlines the process, ensuring all legal and administrative requirements are met with ease. Discover how LLPs can facilitate your business expansion and simplify the integration of new talent.   Expanding Your Business: How LLPs Facilitate Easy Admission of New Partners:   As the name suggests, an LLP is a partnership with the added benefit of limited liability. The structure is popular among professional groups like lawyers, doctors and accountants who pool their resources, experience and clients to save on overhead costs. The organization also provides tax benefits, as it is a pass-through entity for federal ta...
Read more

How to Run Software Company Registration in Jolarpet, Vellore

Image
Call our filing point expert at +91 72999 72500 or visit https://filingpoint.com   Introduction   Starting a software company in Jolarpet, Vellore, can be a rewarding endeavor, given the region's growing focus on technology and development. The first step towards making your dream a reality is company registration , a crucial process that ensures your business is recognized as a legal entity.   How to Run Software Company Registration in Jolarpet, Vellore   Filingpoint offers a comprehensive solution for this process, charging a modest fee of Rs 999/- for company registration and providing free consultation services, leveraging their 14 years of experience in the field. This invaluable guidance simplifies the complexities involved in registration, making it accessible even for first-time entrepreneurs.   To begin the registration process, you need to gather the necessary documents, which typically include proof of identity and address for...
Read more