LLP Registration in Bangalore

Do you want to start an Indian LLP? Easy Limited Liability Partnership Registration in India. Limited Liability Partnership (LLP) is a popular and well-known business structure in the world.

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Why To choose ( Limited Liability Partnership ) LLP Registration ?

Limited Liability Partnership (LLP) is a steady structure, providing benefits to a traditional partnership and still limiting the personal liabilities of the partners. It is governed under the Limited Liability Partnership Act, 2008. It has suddenly shifted as a popular choice for services and professional firms like Chartered Accountants, recruiting firms, consulting businesses, etc.

It takes 12 to 15 working days (approx.) to complete the Limited Liability Partnership Registration procedure. The timeline may vary depending on replies from the ROC department.

LLP registration with the help of kaimar groups.

LLP registration is quick, easy, and can be done in 3 simple steps: We offer a quick LLP Registration service in India at nominal pricing. Here you will find how you can register your LLP.
We take care of all legal formalities and fulfill the compliances, as defined by the Ministry of Corporate Affairs. The minimum requirement to form an LLP is that of two members. But there is no minimum authorized capital required to build a Limited Liability Partnership. There is no maximum limit for partners. Further, one partner must be an Indian National.

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LLP Registration

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LLP Registration Vs Private Limited Company Registration? Which One to choose

LLPs are similar to Private Limited Companies concerning compliance and operational obligations. Recognized as a separate legal entity from the partners, it can contract or be involved in any legal proceedings in its name. That allows the partners of an LLP to assign business liabilities or debts being recovered from their assets. The compliance requirement here is greater than regular partnership firms. However, Compared to a private limited company structure, it is easier to incorporate and maintain.

As a drawback, ownership transfer of a Limited Liability Partnership is not as easy as of a company. Neither an LLP can issue ESOP. For this reason, LLP is not the most ideal choice for startups who want to hyper-grow, seek seed investor or venture capital funding, or issue share capital to their employees.

Click here to know about private limited company Registration.