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LLP Registration In Chennai

We Solubilis offers LLP Registration in Chennai at most affordable and steadfast way to the customers. Limited liability partnership registration act 2008 is another form of corporate structure in India and having different corporate structure and features of Pvt Ltd company and partnership firm. Limited liability is having certain advantages like unlimited number of partners, need not to file annual returns etc. The normal partnership firm registrations are having unlimited liabilities but in case of partners of an LLP are having limited responsibilities. Thus selecting the firm as LLP corporate business is advisable and under guidance. Due to the advantages of partnership as well as company really affects the relationship between the partners. So the fault of one partner should not be borne by others.

LLPs are becoming successful with start-ups and other professional services. For LLP Registration, Solubilis is one of the most affordable and steadfast service providers since 2010. We are having a motivated and progressive groups of experts to help variety of small, medium and large business groups to cater their compliance requirements regarding the Indian laws. In LLP the minimum number of partner’s requirements are 2 and there is no limits in the maximum count. The body corporate should be the member of an LLP and among the partners at least one of them should be resident in India.

LLP enjoys the status of separate legal entity structure

There is no audit until the turnover reach the specified limit

LLP exist irrespective of the status of the partners

Owners of the LLP can be transferred easily to others

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Features of Limited Liability Partnership

The cost of the registration of an LLP is comparatively lesser when compared with other companies.

If the partners withdraw the profit of the company then there is no need to pay the DDT

It is easy to transfer the ownership of the limited liability partnership to other person.

Partners are not liable to charge by the constitution in the name of an LLP.

There is no need to maintain the statutory records except books of accounts.

LLP can be started at any minimal amount of capital income, there are no limits.

Our company

We Solubilis offers LLP Registration in Chennai at most affordable and steadfast way to the customers. Limited liability partnership registration act 2008 is another form of corporate structure in India and having different corporate structure and features of Pvt Ltd company and partnership firm. Limited liability is having certain advantages like unlimited number of partners, need not to file annual returns etc. The normal partnership firm registrations are having unlimited liabilities but in case of partners of an LLP are having limited responsibilities. Thus selecting the firm as LLP corporate business is advisable and under guidance.

FAQ

In an LLP there must be 2 designated partners according to the Section 7 (1) of the LLP Act, 2008.
For seeking the name availability letter, Form 1 is required to file under the LLP Rule 18(5) of 2009.
Regarding the Rule 12(1) of the LLP Act, 2008 the time takes for completing the registration of an LLP is 14 days.
The stamp duty under the respective state stamp Act is applicable for the partnership agreement is payable on the basis of contribution.
The time takes to approve a name in an LLP is 7 days from the date of document and payment submission. This is based on the Rule 18(5) of the LLP Act, 2009.