LLP Registration in Kolkata
Ideal business structure for Small and Medium sized
Enterprises going for Partnership
Starting At Rs. 6,999 Onwards
SAVE 50% COST..!!!
(Takes 15-30 days)
What is LLP Registration ?
LLP Registration in Kolkata – LLP is a partnership registered and governed under the Limited Liability Partnership Act, 2008.
It is a body corporate which combines the features of a Company and a traditional partnership firm.
LLP is a legal entity where all the partners have limited and disjoint liability. LLP’s existence is not affected due to change in partners. It can hold contracts and enter into property in its own name.
Benefits of LLP Registration in Kolkata
Kolkata is majorly recognized as the cultural hub of India, but rarely as a startup hub.
But, things are changing!
Startups in Kolkata are getting a more favorable environment now. While cities like Bangalore, Hyderabad, and Pune are surely more acknowledged for their innovative tech ventures, the City of Joy is also not far behind in making significant breakthroughs in this area.
Opportunities
Kolkata has the major commercial and business hub for eastern India because of its own connectivity with the seven sisters of India. The city has its own port and has great potential in the warehouse startups. The online business of retail services is becoming profitable in metros like Kolkata, because of its huge volume and rapidly growing market.
Growth
Largest in India in Power distribution, quality, and availability. 3rd largest in mineral production in India accounting for about 1/5th of total mineral production of the country. The city is having headquarter of Top Indian conglomerates like Coal India Ltd, ITC Ltd, National Insurance Company, Britannia Industries, and Exide Industries
VC Funding
Kolkata has the major commercial and business hub for eastern India because of its own connectivity with the seven sisters of India. The city has its own port and has great potential in the warehouse startups. The online business of retail services is becoming profitable in metros like Kolkata, because of its huge volume and rapidly growing market.
Ease of Business
Any startup can find an educated innovative workforce at a low cost easily. The state Information Technology & Electronics (IT&E) department wants the business community-based in Malda to use the technological infrastructure of its IT park there, that has recently become fully operational.
A partnership is an informal structure of organisation where liability of partners is unlimited unlike LLP where liability is limited. A formal structure is much preferred by VCs and enables one to improve chances to get a funding.
Why choose us for LLP Registration in Kolkata?
When you choose us as your service provider for LLP Registration we promise undivided attention to you. Our team of experts ensures that your work is carried out with accuracy and detail. Our CRM system is designed in a way to provide tracking to each client about their work status and hence ensures quick completion of tasks. Our experienced support staff will help you at every stage of your work and advise you wherever needed. Our services do not end at registration. We provide Bookkeeping, Licensing, Auditing, Annual Filing and tax filing services. You can outsource us all and focus on your core business operations.
What Is Included In Our LLP Registration in Kolkata Package?
- DPIN for 2 Partners
- Digital Signature For 2 Partners
- Name search & approval
- LLP Agreement
- ROC Fees & Pan Card
- Free accounting software & GST filing
Minimum Requirements for LLP Registration in Kolkata
- There should be a minimum of 2 partners.
- There is no capital requirement, i.e. partners are allowed to start their LLP from any amount of capital.
- 1 Indian Native Partner is necessary.
Documents Required for LLP Registration in Kolkata:
- PAN Card
- DIN or DPIN – Director identification number or the designated partnership identification number
- Identity proof
- Address Proof
- Utility Bill of the Registered Office
- No Object Certificate from the Property owner
- Copy of Rental Agreement
- Digital Signature Certificate
Procedure For LLP Registration
Obtain DSC and DPIN for LLP
Advantages of LLP Registration
Since, LLP is a hybrid of a company and a partnership it has combination of plus points of both a company and a partnership. Some of those points are listed belowas to why you should go for LLP Registration:
- Separate Legal Entity
- Limited Liability
- Low cost of setup
- Lesser compliance requirements as compared to a company
- Dis-joint liability – partners are protected from joint liability created by another partner’s wrongful acts or misconduct.
- Tax Benefits i.e. LLP would be taxed in the same way as a traditional partnership firm
- Perpetual Succession
- There is no maximum limit for the number of shareholders in the Limited Liability Partnership.
LLP Registration Procedure in Kolkata
Step 1: Obtain DIN/DPIN
Any individual planning to become the partner of a LLP has to submit an application for DIN. According to the notification of MCA regarding LLP rule, 2009, any partner who will be appointed as the designated partner of a company will have to apply for DIN instead of DPIN. The application for this is filled using an e-form which has a nominal cost of R. 100.
Step 2: Register your DSC
A partner who is going to be registered as the designated partner needs to get class 2 and class 3 DSC. Register on the MCA website, fill up the registration form, and upload the DSC. After successful registration, you will get an acknowledgment message.
Step 3: Fill Form 1 for name availability
A free name search facility is available on the MCA portal. The system will provide the list of similar/closely resembling names of existing companies/LLPs based on the search criteria filled up. Download and fill Form-1 for reservation of name and fill in the details. Select the name of the proposed. State the significance of the keyword brief.
Step 4: Fill Form 2 for incorporation
Mention the number of their partners along with details. Enter the monetary value of the partner’s share. Select the office of the registrar to fill the application. Pay the prescribed fees. On submission of the complete application, you will get the certificate of incorporation.
Step 5: Drafting LLP Agreement
It is not mandatory to file an LLP agreement at the time of registration and it takes 30 days. Designated partners are responsible for doing all acts, matters, and things that are required to be done for complying with the provisions of the LLP act. They are liable to all penalties imposed on the LLP. So it is very important to draft an LLP agreement with professional help.
Step 6: Fill Form 3 for LLP Agreement
The LLP agreement needs to be uploaded. Once it gets approved all the formalities for registration gets completed.