Limited Liability Partnership (LLP) Registration

Limited liability Partnership (LLP) is a corporate business structure that enables Managerial skills and entrepreneurial capability to join and operate in a workable, innovative and systematic manner, providing benefits of limited liability while permitting its partners the flexibility of organizing their internal structure as a partnership.

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Limited Liability Partnership (LLP) Registration

Limited liability Partnership (LLP) is a corporate business structure that enables Managerial skills and entrepreneurial capability to join and operate in a workable, innovative and systematic manner, providing benefits of limited liability while permitting its partners the flexibility of organizing their internal structure as a partnership.

As per sec 2(n) of the Limited liability Partnership (LLP) Act, 2008,  Limited Liability Partnership (LLP)  means a partnership formed and registered under this act.

Characteristics of a Limited Liability Partnership (LLP)

  • Limited liability Partnership formed and registered under Limited Liability Partnership Act, 2008 instead of Partnership Act, 1932.
  • Name of Partnership must contain Limited Liability Partnership (LLP)
  • Limited liability Partnership (LLP) is a separate legal entity and distinguished from its partners.
  • Limited Liability Partnership (LLP) has perpetual succession, change of partner does not affect its legal identity.
  • Minimum number of partners to register Limited Liability Partnership (LLP) is two and there is no maximum limit.
  •  A Limited Liability Partnership (LLP) is a legal entity can sue and be sued.
  • Partners’ liability is Limited, to the extent to their contribution towards LLP, except any intentional fraud or wrongful act of omission or commission committed by any of the partners.
  • Partners act as agent of Limited Liability Partnership.
  • Each Disignated Partners is required to have a Designated Partner Identification Number (DPIN) before being appointed as Designated Partner of the LLP.

Tags : LLP Registration

Frequently Asked Questions:

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End to End Certification Services – How we do it
01
Enquiry by the Applicant
Once any prospect makes a query for any service, a dedicated service manager is allotted to every query.This ensures personalized and focused service for each prospect.
02
Document Collection
We collect required documents from the customer, prepare other declarations/affidavits and submit online/offline application along with Govt. fee submission
03
Certificate issuance
Once the Govt. fee is submitted, we continuously monitor it and provide regular updates to the applicant. We also submit any document deficiency raised by the Authority.
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