Details

Limited Liability Partnership (LLP) is a preferred form of business structure for professionals and small businesses seeking operational flexibility with limited liability. At R V K & Associates, we assist clients in the end-to-end registration of LLPs in compliance with the provisions of the Limited Liability Partnership Act, 2008.

Key Features of LLP:

• Separate legal entity status

• Limited liability protection to partners

• No minimum capital requirement

• Less compliance burden compared to private limited companies

• Suitable for service providers, consultants, and joint ventures

Our LLP Registration Services Include:

1. Pre-Incorporation Advisory:

• Consultation on suitability of LLP based on business objectives

• Explanation of legal structure, tax implications, and compliance requirements

• Selection of partners and designated partners

2. Document Preparation:

• Drafting of LLP Agreement defining profit-sharing ratio, roles, and responsibilities

• Collection of KYC documents from partners

• Preparation of necessary affidavits, consent letters, and declarations

3. Digital Signature & DPIN Application:

• Application for Digital Signature Certificates (DSC)

• Application for Designated Partner Identification Number (DPIN)

4. Name Reservation:

• Filing of RUN-LLP form for reservation of unique LLP name

• Ensuring compliance with naming guidelines under MCA

5. Incorporation Filing:

• Filing of FiLLiP Form (Form for incorporation of LLP) with MCA

• Attaching LLP Agreement and other required documents

• Monitoring application status and resolving MCA queries, if any

• Receipt of Certificate of Incorporation

6. Post-Incorporation Support:

• PAN & TAN application

• Guidance on opening LLP bank account

• Filing of LLP Agreement in Form 3 within the prescribed time

• Initial compliance support

Annual and Ongoing Compliance (Post-Registration):

• Filing of Form 11 (Annual Return) and Form 8 (Statement of Accounts & Solvency)

• Assistance in income tax return filing for LLP

• Maintenance of statutory records

• Change in partners, capital contribution, or LLP agreement amendments

Regulatory Compliance:

• Adherence to LLP Act, 2008, and MCA guidelines

• Ensuring all timelines and filing requirements are met to avoid penalties