LLP Registration in Bangalore

When it comes to LLP registration in Bangalore, Solubilis is your trusted partner. You can form an LLP with just two or more individuals. Bangalore is witnessing a surge in the number of companies, and it's no surprise given the city's industrial revolution. Our professional team, serving areas like Whitefield, Majestic, Jayanagar, BTM Layout, HSR Layout, and all across Bangalore, boasts qualified experts proficient in all aspects of the registration process. With over 10 years of experience, Solubilis is the premier legal service provider.
An LLP agreement, a written contract between the LLP and its partners or nominated partners, empowers eligible individuals to actively participate in business operations while ensuring liability protection. LLP registration in Bangalore establishes a separate legal entity under the LLP Act, 2008. There's no maximum limit on the number of partners, making it a unique blend of features from private limited and partnership firms. Compared to other company types, LLP involves fewer compliance requirements, making it an attractive choice for businesses in Bangalore. Choose Solubilis for a seamless LLP registration experience.

Documents required for LLP registration in Bangalore
Benefits

Proposed Partner - Indian Citizen:

PAN Card: Include your valid PAN card.
Aadhar Card: Limited Liability Partnership registration online needs to provide your Aadhar card.
Address Proof: Submit a recent Bank Statement, Telephone Bill, EB Bill, or Mobile Bill (not older than two months).
Passport Size Photo: Attach a passport-sized photo.

Proposed Partner - Foreign National:

Passport Copy: Include a copy of your passport, duly notarized and apostilled.
Address Proof: Provide a notarized and apostilled address proof.
Nationality Proof: Submit a notarized and apostilled copy of your nationality proof.
Two Passport Size Photos: LLP registration needs to attach two passport-sized photos.

Register Office documents:

Rental Office: If your office is rented, a rental agreement is mandatory.
Electricity Bill: Include an electricity bill (not older than two months).
NOC from Landlord: If you are an occupant, obtain a No Objection Certificate (NOC) from your landlord to operate the business.

These documents are essential for a smooth LLP registration process, ensuring compliance with legal requirements.

Benefits of LLP Registration in Bangalore

Separate Legal Entity
An LLP is a separate legal entity, distinct from its partners. It can sue and be sued independently.
Continuity of existence
Even after a partner's passing, an LLP continues to exist, ensuring business continuity.
Transferability of ownership
Ownership of an LLP can be smoothly transferred to another individual.
No compulsory Audit
LLPs are exempt from mandatory audits, reducing financial burdens.
Corporate ownership
LLPs enjoy corporate ownership, offering credibility and trust.
Easy formation
Forming and starting an LLP is a straightforward process, facilitating quick commencement of business operations.

LLP registration in Bangalore is a practical choice, offering legal protection, operational ease, and minimal compliance requirements.

FAQ'S

Limited Liability Partnership (LLP), regulated by the Limited Liability Act, 2008, offers a unique business structure. It's a distinct legal entity, akin to a private limited company, ensuring perpetual succession. Notably, partners in LLP enjoy limited liability, limiting their obligation to their invested capital. This means partners are not personally accountable for the company's debts, making LLP an appealing choice for business registration.

Minimum 2 designated partners are mandatory for an LLP; no maximum limit for partners is prescribed. Flexibility in partnership structure.

An LLP registered in India must designate a registered office for official communications from the Ministry of Corporate Affairs and other government bodies. The registered office can be located anywhere in India. To establish this office, a copy of the premises' electricity bill is essential. If the office is rented, a rental agreement is also required, ensuring compliance with legal obligations.

No capital limit for LLP formation; you can start with as little as Rs. 5,000, promoting business accessibility and flexibility.

LLP registration takes 10 to 15 working days. Processing time may vary based on document provision by the client and MCA approval, ensuring efficient registration.

Yes, it's possible to convert a company or partnership firm into an LLP.

Foreign Nationals/NRIs can be LLP partners, but at least one Indian Resident must also be a Designated Partner, ensuring legal compliance and representation.

LLPIN is a unique 7-digit alphanumeric registration number assigned by the Ministry of Corporate Affairs, Government of India, to Limited Liability Partnerships (LLPs). For instance, "AAA-0002" is the LLPIN given to "Companies Inn Consulting LLP," the first LLP registered online in India.