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ECS India operates as a Limited Liability Partnership (LLP), combining the flexibility of a partnership with the benefits of limited liability. This structure allows ECS India to efficiently manage its business while providing protection to its partners from personal liability, fostering growth and innovation in a secure environment.
Limited Liability Partnership, or LLP, is a business form that combines the advantages of a partnership and a corporation. Our trained specialists at ECS India offer expert advice for online LLP registration services.
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The following are the features of an LLP in India.
An LLP is a separate legal entity from its members.
Members have limited liability for their contributions to the LLP.
It has the organizational flexibility of a partnership.
It has permanent succession, meaning it continues to exist even after the founding partners leave.
The minimum requirement is two partners.
Among the partners, one must be an Indian resident.
To begin the LLP company registration process, partners must provide the following documents:
Partners must provide PAN card or ID proof.
Address Proof for Partners: Partners may submit the following documents - Voter ID, passport, driver's license, or Aadhar card.
Partners must show recent proof of residence, such as a bank statement, phone bill, mobile bill, energy bill, or gas bill from the past 2-3 months.
Partners should supply a passport-sized photograph with a white background.
Foreign nationals and NRIs who wish to partner in an Indian LLP must produce their passport.
Furthermore, evidence of address is necessary, such as a driver's license, bank statement, residence card, or any government-issued identity proof that includes the address.
Proof of the registered office address, such as the landlord's rent agreement or a no-objection certificate for rented office space.
A recent utility bill (gas, electricity, or telephone) with the complete address and owner's name (dated two months or more) should also be given.
At least one partner must have a Digital Signature Certificate (DSC) to sign digitally.
Step 1: Apply for LLPNAmes using the LLP RUN (Reserve Unique Name) Web Service.
Step 2: Obtain the Digital Signature Certificate (DSC) and FiLLiP (Form for Incorporating LLP). Digital signatures should be obtained by agencies that are nominated or controlled by certifying bodies. (CCA). If you already have a digital signature, you can use it instead of applying for a new one. However, verify for validity first; the maximum limit is 1-2 years after expiration, after which you can renew it.
Step 3: Drafting the LLP Agreement. Drafting and submitting LLP Agreement Forms 3 and 4 (used for registration).
Step 4: PAN and TAN applications after receiving a certificate of organization.
ECS India is a company that provides complete services for online LLP registration. We can assist you with everything from initial guidance to assuring that you complete all of the relevant standards and maintain your LLP’s legal standing
ECS India specializes in providing LLP registration services across India. Our expert team ensures a seamless registration process, helping you establish your business efficiently. Contact us for more details and take the first step towards securing the benefits of a Limited Liability Partnership.
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An LLP is a business structure that combines the benefits of a partnership and a company. It offers limited liability to its partners, meaning their personal assets are protected from business debts and liabilities.
The key advantages include limited liability protection for partners, flexibility in management, ease of ownership transfer, fewer compliance requirements compared to a private limited company, and no requirement for minimum capital contribution.
An LLP requires a minimum of two partners to be formed. There is no upper limit on the maximum number of partners an LLP can have.
The process includes obtaining a Digital Signature Certificate (DSC), Director Identification Number (DIN), name approval, filing the incorporation form, and drafting the LLP agreement. ECS India provides comprehensive services to facilitate this process.
Yes, an LLP can be converted into a private limited company by following the procedures laid down by the Ministry of Corporate Affairs (MCA). This includes obtaining approval from partners, filing necessary forms, and complying with regulatory requirements.
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