LIMITED LIABILITY PARTNERSHIP (LLP) REGISTRATION

The Limited Liability Partnership Act was introduced in the year 2008. The main edge of an LLP is that any one partner is not liable for another partner’s negligence or misconduct. Professionals, Micro and Small businesses that are family-owned or closely held flavor LLP. Since, its introduction in 2010, LLPs has been well received with over one-lakh registrations in India.

LLP is one of the easiest types of business to incorporate in India. As an LLP is not capable of issuing equity shares, it should not be chosen for any business that has plans for raising funds in the form of equity.

Process of an LLP Registration:

MYDBIZ offer end to end solution for setting up your LLP. The process for incorporation of a Limited Liability Partnership Firm can be divided into four steps as under:

1. Applying For Digital Signature
2. Apply for RUN (Reserve Unique Name)
3. Incorporation Filing
4. Commencement of Business

MYDBIZ is the market leader in Limited Liability Partnership Registration services in India. Before we get started with the engagement, all the required information and documents are collected. An engagement manager would be assigned who will also advice you on the type of registrations to be obtained. The average time required to complete an LLP Registration is 12-15 working days depending on the government processing time and client document submission. Once the necessary registrations are obtained, an application is also submitted to the bank for current account opening.

For more information, feel free to contact us at info@mydbiz.com or call us at +91 9632 993 993.