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LLP was introduced in India by way of the Limited Liability Partnership Act, 2008. The basic premise behind the introduction of Limited Liability Partnership (LLP) is to provide a form of business entity that is simple to maintain while providing limited liability to the owners.
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WHATIS A LimitedLiability Partnership? • A Limited Liability Partnership is a privately held legal entity by 2 or more number of people. • In Limited Liability Partnership both the partners are having ownership of thebusiness • Limited Liability Partnership Registration is a mixture of company and partnershipstructure
Process for L L PRegistration STEP-1 DSC OFPARTNER STEP-2 DPIN OFPARTNER STEP-3 LLP Form1(Including Name reservation, basicdetails) STEP-4 LLP Form2(IncorporationForm) Wait for approval fromROC
ProcessTimeline • DSC and DPIN- 1Day • LLP Form 1- Filing 1Day • Approval LLP Form-1- 10-15Days • LLP Form-2 –Filing 1Day • Approval LLP Form-2 – 10-15Days
Remarkable Features Of Limited Liablity Partnership (LLP) • LLP is treated as body corporate and has separate legitimate personality from its accomplices (separate lawful substance).• LLP has unending progression simply like an organization.• Rights and liabilities of LLP won't change thusly in change of relations between the accomplices.• LLP in its own name can hold properties and go into contracts.
C O S T F O RREGISTRATION • Get your LLP Registration online @ just Rs 2,999/- + Government Fees. • Contactwww.unilexconsultants.comforspeedy, perfect and easy company registration at affordablePrices.