LLP is a hybrid of Partnership Firm and a Private Limited Company, it has all good features of both Partnership and Company. LLP is a Partnership firm with separate legal entity and perpetual secession. Unlike Partnership Firm the liability of Partners of LLP is limited.
Limited Liability Partnership
Further it is more transparent and reliable form of business as compared to Partnership Business. Thus, LLP enjoys greater credibility among all stakeholders and big corporate houses prefer to do business with them.
Secretarial team of Expert Advisorz help you form your LLP in hassle free manner. We at Expert Advisorz provide following services to our LLP clients:-
- Digital Signature of Designated Partner:- As the application for LLP Registration is filed online with Digital Signatures of the designated Partner, hence the process starts with the issue of the digital signature for all the Partners. We at Expert Advisorz have a separate compliance department which looks after issuance of DSC.
- Designated Partner Identification Number:- It is a unique identification number allotted to the designated partner of an LLP by MCA. No person can hold an office of the Designated Partner unless he is issued a DPIN. DPIN is required for incorporation and for all future communication between Partner and the LLP as well as Ministry of corporate affairs. Secretarial team of Expert Advisorz help you in allotment of your DIN.
- Name Approval of LLP:- Name of each LLP must be unique and should not be same or in resemblance with any already registered Company, LLP or a Trademark. Before incorporating a company, an application is made to the ROC for approval of name. Our Management and Secretarial team will help you while deciding the name of the company and then final approval of the same.
- Drafting of LLP Agreement:- LLP Agreement is an essential document for LLP incorporation. It’s a charter document for LLP and all its covenant are binding to all Partners, LLP and other stake-holders. Therefore, it should be drafted carefully. We at Expert Advisorz help in drafting your LLP Agreement with covenant that is legally valid and best suits to your business and arrangement with your partners.
- LLP Incorporation:- All the steps as described above finally culminates into the incorporation of LLP with the issuance of the certificate of Incorporation. The certificate of incorporation is the conclusive proof of the Incorporation of LLP. Pool of professional in Expert Advisorz will help you get your company’s certificate of Incorporation so that you can start your business smoothly.
- Applying for PAN:- Permanent Account Number (PAN) is must for starting a business in India. It’s a unique 10-digit alpha-numeric no. allotted by Income Tax Department. We at Expert Advisorz help you in applying and getting PAN.
- Shops & Establishment Registration:- Every shop or commercial establishment is required to get itself registered with the labour department of the state government. The application for registration must be filed within 30 days of starting a business in India. We at Expert Advisorz help your business get this registration.
- Open a bank Account:- To transact the business, the Directors must open a current account in the name of the LLP. However due to complex regulatory requirement it often become a tedious task to open a bank account. We at Expert Advisorz assist our clients in opening their bank account.
- MSME Registration:- MSME is priority sector for Government of India, Government of India offers various scheme and benefits to MSME’s. Further banks also offers priority loan at low rate of interest to these units. To avail these benefits, one should be registered as MSME unit. We at Expert Advisorz help our client to get registered as MSME Unit and advises them on benefits they can avail out of this scheme.
- Professional Tax Registration:- Professional Tax is a tax which is levied by some state on the income earned by professionals and salaried employees. Expert Advisorz help you obtain professional tax registration.
- GST Registration:- GST is a tax on goods and services, every person who supplies any goods or service has to get registered under GST. We at Expert Advisors help you obtain GST Registration.
- Trademark Registration:- In today’s competitive and dynamic business environment every business spends millions of rupees and number of years in creating a brand Still, some of them fails to get it registered with IPR authority and thus loses the brand. We at Expert Advisorz help our client right from applying trademark registration to final approval of the same.
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