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Limited Liability Company (LLP)
Registration In Gujarat

  • Ideal for start-ups
  • Simple & Secure Online Process
  • Fast track registration takes 10-12 Days
  • Qualified Expert Team
  • Get Post Incorporation Assistance

Register your LLP today

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GujaratCorp Brand Highlights

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800+

Company registered every year
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3500+

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4500+

Startups and MSMEs Served
Overview

LLP Registration in Gujarat

Individuals frequently struggle to decide between forming a private limited business or an LLP. LLPs are ideal for individuals who wish to manage a risk-free and secure firm. It is generally suggested that small enterprises form their corporations as LLPs. This is because it provides limited liability in addition to being affordable and simple to manage. It is an ideal choice for those who seek a business structure with minimal compliance requirements, providing a streamlined and hassle-free approach to business operations.

 

GujaratCorp, your preferred legal advisor, provides an affordable business registration service in India. We manage all legal processes and make sure that the Ministry of Corporate Affairs’ (MCA) rules are followed. We provide you an Incorporation certificate (COI), PAN and TAN documents as soon as the LLP business registration procedure is successfully completed. With these in hand, opening a bank account and starting your business will be easy.

Documents Required

The following documents are requirements for registering a LLP in India

    • Directors/Shareholder Documents
      • Both PAN and Aadhaar Card of all Indian Partners (Passport in case of Foreign Nationals)
      • Copy of the latest Bank Account Statement, Telephone Bill or Electricity Bill of the Shareholders and Directors
      • Passport-size photographs of all the Shareholders and Directors
    • Business Address Proof
      • NOC from the Owner, Latest Electricity Bill or Mobile Bill or Water Bill, Rent Agreement
Note:–   In the case of NRI or Foreign National documents of Partners must be notarized or apostilled.
Process

Steps For LLP Registration Process

1

Obtain DSC

2

Reserve Your LLP Name

3

Filling form FiLLiP

4

Incorporation Certificate

5

Filling of LLP Agreement
Advantages

Advantages of Limited Liability Partnership

  • Easy Compliance requirement as compared with Company.
  • Enhanced brand recognition and credibility lead to increased customer trust and loyalty.
  • Partners’ personal assets are protected from limited liability.
  • An LLP, being a distinct entity, has the capacity to engage in contracts, initiate legal actions, and be subject to lawsuits under its own name.
  • Business Continuity Remains, Partners may come and go.
Comparison

Select the business structure that works best for your company

 Private Limited CompanyOne Person CompanyLimited Liability PartnershipPartnership FirmProprietorship Firm
Applicable LawCompanies Act, 2013Companies Act, 2013Limited Liability Partnership Act, 2008Indian Partnership Act, 1932No specified Act
Number of Owners2-200Only 12 – Unlimited2-50Only 1
Number of Director2-15Only 12 – UnlimitedNANA
Separate Legal EntityYesYesYesNoNo
Liability ProtectionLimitedLimitedLimitedUnlimitedUnlimited
Taxation Rate25%25%30%30%Individual Tax Rate
Compliance RequirementHighHighModerateLowLow
Recommended forStartupsSole ProprietorProfessional & StartupsSmall BusinessSmall Business

Overview

LLP Registration in Gujarat

Individuals frequently struggle to decide between forming a private limited business or an LLP. LLPs are ideal for individuals who wish to manage a risk-free and secure firm. It is generally suggested that small enterprises form their corporations as LLPs. This is because it provides limited liability in addition to being affordable and simple to manage. It is an ideal choice for those who seek a business structure with minimal compliance requirements, providing a streamlined and hassle-free approach to business operations.

 

GujaratCorp, your preferred legal advisor, provides an affordable business registration service in India. We manage all legal processes and make sure that the Ministry of Corporate Affairs’ (MCA) rules are followed. We provide you an Incorporation certificate (COI), PAN and TAN documents as soon as the LLP business registration procedure is successfully completed. With these in hand, opening a bank account and starting your business will be easy.

Documents Required

The following documents are requirements for registering a LLP in India

    • Directors/Shareholder Documents
      • Both PAN and Aadhaar Card of all Indian Partners (Passport in case of Foreign Nationals)
      • Copy of the latest Bank Account Statement, Telephone Bill or Electricity Bill of the Shareholders and Directors
      • Passport-size photographs of all the Shareholders and Directors
    • Business Address Proof
      • NOC from the Owner, Latest Electricity Bill or Mobile Bill or Water Bill, Rent Agreement
Note:–   In the case of NRI or Foreign National documents of Partners must be notarized or apostilled.

Process

Steps For LLP Registration Process

1

Obtain DSC

2

Reserve Your LLP Name

3

Filling form FiLLiP

4

Incorporation Certificate

5

Filling of LLP Agreement

Advantages

Advantages of Limited Liability Partnership

  • Easy Compliance requirement as compared with Company.
  • Enhanced brand recognition and credibility lead to increased customer trust and loyalty.
  • Partners’ personal assets are protected from limited liability.
  • An LLP, being a distinct entity, has the capacity to engage in contracts, initiate legal actions, and be subject to lawsuits under its own name.
  • Business Continuity Remains, Partners may come and go.

Comparison

Select the business structure that works best for your company

 Private Limited CompanyOne Person CompanyLimited Liability PartnershipPartnership FirmProprietorship Firm
Applicable LawCompanies Act, 2013Companies Act, 2013Limited Liability Partnership Act, 2008Indian Partnership Act, 1932No specified Act
Number of Owners2-200Only 12 – Unlimited2-50Only 1
Number of Director2-15Only 12 – UnlimitedNANA
Separate Legal EntityYesYesYesNoNo
Liability ProtectionLimitedLimitedLimitedUnlimitedUnlimited
Taxation Rate25%25%30%30%Individual Tax Rate
Compliance RequirementHighHighModerateLowLow
Recommended forStartupsSole ProprietorProfessional & StartupsSmall BusinessSmall Business
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Frequently Asked Questions

Yes, the whole process for LLP registration is online. You don’t need to visit anywhere physically.
The LLP Agreement in India is a vital document executed by all partners post-LLP incorporation, delineating various aspects of the business, including partners’ rights, roles, duties, and responsibilities. It must be filed within 30 days of receiving the certificate of incorporation, failure of which incurs a daily penalty, until the filing date, emphasizing the importance of timely compliance with this legal requirement.
Minimum Two People required for LLP Registration. They will be called Designated Partners/Partners of Limited Liability Partnership.
There is no requirement of commercial space for LLP registration. Even your own residential or rented residential address can be used as the registered address of the LLP. Once your startup is set up, and ready then you can change the registered address.
After LLP is registered, it must fulfill various responsibilities, such as filing taxes, Filing forms to ROC, maintaining accurate accounting records, and adhering to employment and safety standards.
Yes, Foreign Nationalists (NRI – Foreigners) Can Hold Partnerships in Indian LLP. However, there should be at least one Indian Partner Required in the LLP.

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