LLP REGISTRATION JUNCTION AGRA UTTAR PRADESH | LLP REGISTRATION FEES 

MEANING

LLP means Limited Liability Partnership Firm Registered under LLP Act, 2008

KEY HIGHLIGHTS

To resolve out the problems faced by partnership Firms registered under Indian Partnership Act, 1932, concept of Limited Liability Partnership was introduced.

Only Two persons can register a Limited Liability Partnership (LLP)

Partners in Limited Liability Partnership (LLP) is known as Designated Partners

Partners contribute funds which is known as Contribution or Partner's Capital

In order to Register a Limited Liability Partnership (LLP), Documents required are;

1. Pan card of both the partners

2. Aadhar card of both the partners

3. Photo of both the partners

4. Rent Agreement/Registry of Premises where LLP will be registered

5. Electricity Bill latest of Premises where LLP will be registered

LLP name has to be decided for registering a new Limited Liability Partnership (LLP)

After Registering Limited Liability Partnership (LLP), a LLP Agreement will be drafted where mutual terms and conditions between partners will be noted down and will be filed through LLP Form 3.

Annual Compliances of filing Form 8 and Form 11 has to be done

Audit will depend on the turnover and contribution of LLP, if its turnover exceeds 40 Lacs or Contribution exceeds 25 Lacs then  audit is mandatory