Updated on July 06, 2024 11:51:35 PM
Limited Liability Partnership (LLP) is an upgraded form of Partnership, which has limited liability features of a Private Limited Company and the flexibility of a Partnership firm.
The maintenance cost of an LLP and simplicity in formation is one of the prime reasons it has become a preferred choice for company incorporation in India. Read to know about the process, documents required, and fees of LLP registration in Bangalore.
LLP Registration [Sample]
LLP is a form of a partnership registered under the Limited Liability Partnership Act, 2008, where liabilities of all the partners are limited to the extent of contribution bought by them. It helps owners limit their liabilities while enjoying the advantages of a limited company which is an edge over a traditional partnership firm.
No partner is liable for unauthorized actions of other partners; thus, individual partners can safeguard them from joint liability arising from the misconduct of other partners. Professionals, micro and small businesses mostly prefer LLP as an organization.
Minimum two partners are required to incorporate an LLP. However, there is no upper limit on the maximum number of partners of an LLP. There should be a minimum of two designated partners who shall be individuals, and at least one of them should be residents in India.
The LLP agreement governs the rights and duties of designated partners. They are directly responsible for complying with all the provisions of the LLP Act, 2008 and provisions specified in the LLP agreement.
The total cost of LLP Registration in Bangalore, is ₹8,499 Only including government fee and professional fees. The LLP formation process takes around 10 working days subject to document verification by MCA.
| # | Item | Cost |
|---|---|---|
| 1 | Digital Signature Certificate of 2 Partners | ₹3,000 |
| 2 | Govt Fee | ₹1,500 |
| 3 | Professional Fee | ₹3,999 |
| Total Cost | ₹8,499 Only |
Note: The aforementioned Fees is exclusive of GST.
Call us on
+91 9821113117
[Mon - Sat, 10am - 7pm]
Write to us
809, 8th Floor, Madhuban Building,
Nehru Place, New Delhi - 110019
Reliable
Affordable
Assurity
They've been very helpful in our registration with ICEGATE. It was a small thing with a small amount paid which somehow escalated to a very painful procedure. Never did they say "You've only paid so much. It's too much effort for us.".
Very pleased with their service. Prompt, professional and great communication. Definitely recommend. Special mention for Ms. Razia - she handled our case.
Professional Utilities is fully professional in their work, Rates are too low and genuine. Services and satisfaction are high so I highly recommended Professional Utilities.
They are one of the most genuine and reasonable people. I applied for lmpc certificate through them and they charged me a very nominal amount as compared to what other firms asked .
