LLP Registration in Bangalore

LLP Registration in Bangalore is done through Solubilis and it can be formed by two or more persons. The number of companies in Bangalore is rising immensely due to various reasons, but the primary reason is being an industrially revolutionised city. Our professional team consists of qualified experts to do all kinds of registration process and we serve in White fields, Majestic, Jayanagar, BTM Layout, HSR layout and all other places of Bangalore. Solubilis is the best legal service provider with 10+ years of experience. We offer an eminent service with experienced professionals. LLP agreement is a written contract between the LLP and its partners or the nominated partners. LLP allows the eligible persons to form a business entity to participate actively in their business operation. It is a business structure that gives the liability protection for its owner. LLP registration in Bangalore is a separate legal entity that is registered under the LLP Act, 2008. There is no maximum limit on the number of its partners and it is a formation of business that consists of some features of a private limited and partnership firm. Compared with other types of companies, LLP is lesser in compliances.

Documents required
Benefits

Proposed Partner - Indian Citizen:

PAN Card
Aadhar Card.
Proof for Address – Bank Statement or Telephone Bill or EB or Mobile Bill (Latest)
Passport Size Photo.

Proposed Partner - Foreign National:

A Copy of Passport ( Notary and Apostille is required )
A copy of address proof ( Notary and Apostille is required )
A copy of nationality proof ( Notary and Apostille is required )
Two passport size photo

Register Office documents:

If the Office is rental, rental agreement is inevitable
Electricity bill (Not more than two months old required to be submitted)
Occupant needs to provide a No Objection Certificate from landlord to operate the business (NOC) if not rented

Benefits of LLP Registration in Bangalore

Separate Legal Entity
A juristic person who is distinct from their partners - both can sue each other and be sued.
Continuity of existence of the LLP
After the death of the partner, LLP continues to exist.
Transferability of ownership
The LLP ownership can be easily transferred to another person.
No need of compulsory Audit
For an LLP firm, Compulsory audit is not necessary.
Corporate ownership
LLP has a corporate ownership
Easy formation
LLP company can be easily formed and commenced.

FAQ'S

Limited Liability Partnership is a new form of business registration governed by Limited Liability Act, 2008. LLP is a separate legal entity and perpetual succession in line with private limited company. The major feature is liability of the partners is limited to the investment of capital amount. The partners are not personally liable for the debts of the company.

Minimum 2 designated partners are mandatory to from a limited liability Partnership. There will not be any maximum limit of partners prescribed for this LLP.

Limited Liability Partnership (LLP) registered in India must have a registered office - All communications will be sent to the address by Ministry of Corporate Affairs and other government concerns. The registered office of LLP can be anywhere in India. Copy of Electricity bill of premises required along with that rental agreement is required, if office taken on rent.

There is no capital limit to form a Limited Liability Partnership, We can start with a capital of even Rs.5000/-.

Normally registration of limited liability partnership takes 10 to 15 working days. But the processing time varies subject to the provision of documents by client and the time taken by MCA for approval.

Yes, A Company or a partnership firm can be converted into LLP

Yes, Foreign National / NRI can be designated partner in limited liability partnership, but it mandatory to have at least one Indian Resident to be Designated Partner.

LLPIN is a 7-digit alpha numeric registration number allotted by Ministry of Corporate Affairs, Government of India, to an LLP.
For example, AAA-0002 is the number allotted by the Ministry of Corporate Affairs to Companies Inn Consulting LLP, the first LLP registered online in India.