LLP Registration in Pune
Ideal business structure for Small and Medium sized
Enterprises going for Partnership
Starting At Rs. 8,619 Onwards
SAVE 50% COST..!!!
(Takes 15-30 days)
What is LLP Registration ?
LLP Registration in Pune – 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, i.e. the personal assets of the partners cannot be utilized to pay off firm’s liabilities and individual partners have no joint liability created by another partner’s wrongful business decisions or carelessness.
Benefits of LLP Registration in Mumbai
Pune is the city on the high rise in the business sector with the entrepreneurial power. This is all because of the new launches, early-stage investing, acquisitions, mentoring and more. Let’s see how Pune has the good thing in the business sector.
Alacrity, a funding agency in Pune head says, “We choose Pune because we believe that Pune has the raw talent of Entrepreneurship and a bulk of start-ups to work on”. This city has got some quality mentoring and business skills to help your business.
Pune is the eighth largest metropolitan economy and has the six highest per capita income in the country. Pune has growth power is some sectors like education, manufacturing and information technology sectors. For Example- Dhruva, a B to B storage startup, started with three employees and has now grown to about 500.
The city has got its first funding house namely, Alacrity. This Canadian funding house headed by an Indian has allocated $10 million in Pune. Pune start-ups have seen a big traction in the funding space. Started by Abhijit Gupta, Praxify was bought over by Athena health for USD 65 million.
Ease of Business
Pune is the eighth largest metropolitan economy and has the sixed highest per capita income in the country. A great ease factor of doing business in Pune is the educational institutes in the cities which also provide space for the startups to work upon their ideas and launch their business.
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 Pune?
When you choose us as your service provider for LLP Registration in Pune 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 in Pune. You can outsource us all and focus on your core business operations.
What Is Included In Our LLP Registration in Pune 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 Pune
- 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 Pune:
- 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 in Pune
Procedure for LLP Registration in Pune
Step 1: Obtain DIN/DPIN
Any individual planning to become the partner of an LLP has to submit an application for DIN.
Step 2: Register your DSC
A partner should 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
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. Select the office of the registrar to fill out the application. On submission of complete application, you will get the certificate of incorporation.
Step 5: Drafting LLP Agreement
It is not mandatory to file 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.
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.
Advantages of LLP Registration in Pune
Since LLP is a hybrid of a company and a partnership it has the combination of plus points of both a company and a partnership. Some of those points are listed below as 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.