×

Limited Liability. Unlimited Partnership In pune

Limited Liability Partnership (LLP) registration in Pune is now a popular and practical business choice. LLPs combine the advantages of a company's limited liability with the operational flexibility of a partnership, resulting in a streamlined and advantageous business structure.

Benefits of LLP Registration in pune

Protected Personal Assets: Partners benefit from limited liability, safeguarding their personal assets from the LLP's debts and obligations.

Distinct Legal Status:: An LLP is recognized as a separate legal entity, enhancing its credibility and offering robust legal protection.

Operational Adaptability: LLPs offer significant flexibility in management, allowing partners to tailor the business operations to their specific needs.

Favorable Tax Structure: LLPs are taxed as partnerships, which can result in reduced tax burdens for both the LLP and its partners, as profits and losses are distributed directly.

Reasons for LLP Registration in pune

Here are the major reasons why people prefer LLP:

01
Partners' personal assets are shielded from the LLP's debts, minimizing individual financial risk.
02
Significant flexibility in managing the business, allowing partners to customize their operational structure.
03
Distinct legal entity, enabling it to enter into contracts, own property, and sue or be sued in its own name.
04
Taxed as partnerships, which can lead to favorable tax implications for both the business and its partners
05
LLP's existence continues regardless of changes in partnership, ensuring business continuity and stability.
06
FHave fewer compliance requirements, reducing administrative burdens and costs

LLP Incorporation made easy

To form an LLP, a minimum of two partners are required with no upper limit.

Each partner is obligated to contribute towards the capital of the LLP as there is no concept of shared capital.

Designated partners are required to obtain a Designated Partner Identification Number (DPIN) and a Digital Signature Certificate (DSC).

The Designated Partners must submit the following documents for LLP registration:

PAN Card

Identity Proof (Aadhaar Card, Voter ID, Passport, or Driver's License)

Address Proof (Savings Bank Statement, Telephone Bill, Mobile Bill, or Electricity Bill)

Latest passport-size photograph

Email IDs

Mobile Numbers linked with their Aadhaar

For Foreign Designated Partners, an International Passport is mandatory

The LLP registration requires the following documents:

Proof of Registered Office Address, such as the latest Power Bill

No-objection letter from the landlord

Rental Agreement from the landlord if the premises are rented

LLP Email ID

For Partnership firm registration, the following documents are required:

Identity and Address Proof of the Partners (PAN Card, Passport, Voter ID, Aadhaar Card, or Driver's License Copy).

Address Proof of the Business Place: Rent Agreement and NOC from Landlord for the rented property and Electricity Bills or any other Address Proof for own property.

The process involves three steps:

Step 1: Wind Up of Company

Step 2: Dissolution of Company

Step 3: Process of Winding up and Dissolution of Company

For an LLP, the process involves the following three steps:

Step 1: Striking Off Name of LLP

Step 2: Procedure for Striking Off Name

Step 3: Determining the liability of partners after striking off the name

Why Choose Bizpole for LLP Registration in pune?

Bizpole streamlines LLP registration in Pune, offering expertise to navigate legal complexities and ensure compliance. Their comprehensive services, combined with a customer-focused approach, aim for a seamless experience LLP registration.

FAQs

Trusted by startups, small businesses,
and Fortune 1000 companies

Randeep Sudan

Multivertz Pte. Ltd.

Bizpole is a company with great expertise in the domain of company incorporation and compliance. The company has a team of people who are highly cooperative and helpful.

Geetha saleesh

Geetha's Home to Home

SRIMATHI was very helpful, guided me through the whole process and kept me updated. I am looking forward to working with her again.

Mahesh

Lubegen Lubricants Private Limited

We're very pleased with the professionalism and expertise of the Bizpole team. They were able to help us with our Pvt. Ltd. company registration in a fast and timely manner. Will recommend it to anyone looking for good and timely service.

Navy George

Malayanma Vision

I had great service with Bizpole,Thanks for helping out with the registration. They have Affordable Prices and Great Customer Support. Truly a One Stop Solution for Business.

Let our expert assist you right now

Get immediate answers by chatting with one of our incorporation agents

We’ve helped thousands of startups take off, and continue to help more every day.

Since 2020, we’ve been honored to be at the forefront of revolutionizing the entrepreneurial ecosystem and creating lasting positive impact across the country.

WhatsApp Chat