LLP Registration in Delhi, India
In 7 days | From Anywhere | At Single Click
In 7 days | From Anywhere | At Single Click
The Limited Liability Partnership Act 2008 brought a new concept of business in India which is also known as Limited Liability Partnership or LLP. It is a better form of previous partnership firms which still exist. However, with LLP, the owners of the form get limited liability protection which helps the owners of the firm not to be responsible for the negligence or misconduct of another partner. This form of business provides the advantages of doing the business in both partnership ways and also, in a company way. The LLP firms can manage their firm seamlessly like the partnership firms which are very easy to manage. However, unlike the partnership firms, an LLP firm can scale the business just like a Private Limited Company.
Are you looking to register for LLP Registration in India through the Limited Liability Partnership Act 2008? Then you are in the right place. At TaxOnTrack, we help ventures and firms to get registered under the Limited Liability Partnership Act 2008. We understand the technicalities and the legalities involved in registering a firm and with our help, you will be able to register your company in a seamless way. Our charges are very much affordable and comparatively reasonable. We have some of the most experienced professionals helping you in your endeavor of registering the firm. From start to end, we take the responsibility of guiding you thoroughly with every step and ensuring that your company gets registered properly. Moreover, we have worked with a wide number of clients who speak highly of us and also recommend us for the stunning work that we provided them. Therefore, there is no place better than TaxOnTrack to get your partner firm registered seamlessly under the Limited Liability Partnership Act 2008.
Advantages of Registering
Your Company as Limited Liability Partnership
YYou have to make sure that your asset gets protected in a proper way before joining or starting the firm. In this scenario, a Limited Liability Partnership firm can help you to protect your asset as it will be a separate entity from the partners. So, your asset will stay protected and you will do business easily.
The profit distribution in a Limited Liability Partnership firm happens according to the agreement among the partners. Also, the written agreement will show the partnership value of each partner ensuring greater flexibility in business. That is why LLP firms grow at a rapid pace.
As the partners of the Limited Liability Partnership firms know their limitations and responsibility through the written agreement, they also play an important part in the management of the firm. That is why most of the LLP firms get managed quite efficiently as there is a division of duty among the partners.
A huge positive of registering your company as a Limited Liability Partnership firm is that it will work as a legal entity itself. You will be able to buy, rent, lease, or appoint staff in its name and you will not be held accountable personally if things do not work well. Hence, many companies look to register as an LLP firm.
Limited Liability Partnership firms can also designate a couple of companies as members of the Limited Liability Partnership firm. However, in the case of LTD, one of the appointed directors has to be a real person in order to make the business function in a legal way.
Running a Limited Liability Partnership firm is very much flexible as you have the option of appointing designated and non-designated members of the LLP firm. Therefore, you have the flexibility of operating the firm by having different levels of membership which is actually a great thing.
The name of the business plays a very crucial role in determining the fate of the business. That is why when you register your business as a Limited Liability Partnership firm, you get the opportunity of protecting the name of the business that you are registering as an LLP firm.
When you are running a Limited Liability Partnership firm, you tend to get a bit efficient in running your business operations. As the profit distribution is already determined in writing, you will have your partners working in unison for the betterment of the LLP firm.
The Process of LLP Registration in India
Mandatory Documents
for the Registration of Private Limited Company
FAQ
Frequently Ask Questions
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