You need to arrange very simple documents of director like photograph, Pan card and one address proof. For more details, please fill the above details.
No, commercial office space is not required. You can show your own residential or rented home address as the registered office address of LLP. This office address can be changed at any time after incorporation of LLP. Once your startup is set up, stable and ready to move on to a nice corporate space you can change the registered office address by informing to the ROC office.
ROC is a Government office with whom companies get registered. Every State has one ROC office except Maharashtra and Tamilnadu where there are two ROC offices. In Maharashtra companies are registered with Mumbai & Pune ROC. In Tamilnadu companies are incorporated at Chennai and Coimbatore ROCs. In all other States like Delhi there is only one ROC office, like at Bangalore, Hyderabad and so on.
No. Taxportal provides complete online LLP Incorporation process. All legal documentation and visits are done by Taxportal.
No. Once the LLP is formed, it will be valid till it is officially closed down by the owners. No renewal or fees is required. However, every year LLPs have to file very basic returns with ROC office.
As said before, the most significant advantage of starting a business with an LLP form of organisation is the outlook by all outside parties towards the business. Though the decision of whether to set up the business as a Limited Liability Partnership or not, rests upon you, it is advised that the entrepreneur closely evaluate all the merits and demerits. To analyse the suitability of the LLP in your situation, please contact us.
The digital signature is an equivalent of physical or paper certificates in digital format. As the application For LLP Registration is filed online with Digital Signatures of the designated partners, hence the process starts with the issuance of the digital signature for all the designated partners. Photo, ID and Address proof is to be submitted along with Form for the issuance of DSC.
The DPIN is the old reference to the DIN number for the partners of an LLP. The DIN is a unique number allotted by MCA to every person who intends to take the position of a director of the company or a designated partner in the LLP. For allotment of DIN, an application to MCA is made with Photo, Attested ID and Address proof duly attested by CA, CS or CMA.
Every LLP is allotted a unique number for its identification by the registrar of companies after its incorporation. The LLPIN is mentioned on the certificate of incorporation of the LLP.
We are of the considered view that a private limited company is a better option for raising investment from the private investor as the companies act have elaborate provisions dealing with shares and its transfer. The LLP's are meant for professionals such as CA, Doctors, Architects and Lawyers, etc.
The LLP Agreement governs the relationship between the partners and their capital structure. Hence in case your business is capital intensive, or you intend to raise money from investors, it is better to incorporate a company.
