Online LLP Registration in Chennai
LLP registration in Coimbatore is done through Smartcorp since llp is one of the most common type of company formations in India. Smartcorp is one of the most efficient consultant in the city which takes part in LLP registration. Our firm has extended its wings in various places like Avinashi, Sulur, Pollachi, Udumalpet and Malumichampatti. LLP is Limited Liability Partnership which has been governed by Limited Liability Partnership Act 2008. The LLP is a separate legal entity and it has perpetual succession. Transferring the ownership in LLP is also easy. If LLPs have capital amount less than 25 lakh and the turnover below 40 lakh, it does not requires formal audit. LLP is recognized as juristic person so that it can acquire property and in LLP, directors are different from shareholders. The main aspect of llp is that, if there is only one person in the firm then he/she can find the other person without dissolution. Also the partners in the LLP have the rights to manage the business directlySmartcorp is the best service provider of LLP registration in Chennai- Tamilnadu and prominent consultant in South India. We have expanded our service wings in West mambalam, Anna nagar, Triplicane, Tambaram, Sri Perumpudur, Red hills and Pudupettai. Our objective is to reach the destination of applicant’s expectation and enhance the business reputation by providing unique services at an affordable cost. Smartcorp is a registered consultant and strictly follows the norms and terms of our Indian Government.
LLP is an expanded form of limited liability partnership. It is a business structure that can combine the pass through taxation of partnership or sole proprietorship with the limited liability of a corporation. It is a hybrid legal entity that has a characterisation of both corporate and a partnership or sole proprietorship. LLP is easy to form when compared to partnership firm and it is a separate legal entity. There is no audit required for LLP business and LLP registration comes under the LLP registration act, 2008. Minimum two persons can start the LLP business; there is no limitation for maximum number of a partner. LLP business have long term span even though if the partner does not exist. Among the LLP partners one should be an Indian resident. The process takes 15 long days for filing. Board of directors, board meeting or shareholder meeting is not required for LLP business.
Documents required for LLP Registration in Coimbatore
- PAN Card of all partners
- Address proof of each partner (Aadhar card/ Voter ID/ Driving License)
- Photography of each partners (Passport size photo)
- Business address proof (Latest electricity bill/ Phone Bill or any other utility Bill)
- Rental Agreement of the registered office
- Digital signature Certificate
- Passport (if the partner is a foreign resident)
Benefits of LLP Registration in Coimbatore
- No requirement for minimum contribution
- Liability of a business is limited
- Cost of registration is low
- Easy conversion
- Easy and quick registration process through online
- No audit requirement
- Span of business is long term
- Easy filing process
- There are more benefits compared to other business entity
- Quick decision making
- No agreement to share profit. It is equally shared.