Listing ID #2602577
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Contact SupplierDear valuable client,
greetings from fundscoop advisors!!
we are a team of experts for llp registration in kolkata. In case you want to form your llp, then please feel free to contact us. Our team will be privileged to help you in your llp registration.
What is llp
llp means limited liability partnership (llp). It is similar to a general partnership, except the partners are not personally liable for negligent acts conducted by other partners or employees not under their supervision. This is different from a general partnership, in which each partner is liable for the debts and obligations of the business as well as the malpractice of any other partner. Income taxes in an llp are passed through the business and reflected on the partners individual tax returns. Because of the limited liability of each partner and pass-through tax status, llps are a very popular business structure.
Benefits of llp
separate legal entity
limited liability to partners
simple process of registration
perpetual existence irrespective of changes in partners
no requirement of audit of accounts until turnover reaches rs.40 lakhs or contribution rs.25 lakhs
less tax as compared to company
no requirement of minimum capital contribution
no restrictions as to maximum number of partners
two person can form llp
what is our role
we help our clients in llp registration process.
Procedure involved in llp registration
1. Dpin and dsc - apply dpin (designated partner identification number) for every proposed designated partners (minimum -2). At least one designated partner should have a valid digital signature.
2. Apply for name - selection of business name is crucial for the image of an organisation. Select a name which reflects the planned business. Ensure selected name satisfy llp name guidelines and file an online application.
3. Filing of llp registration documents - after the approval of name llp registration documents are filed. On scrutiny of documents filed, registrar of llp