LLP Incorporation Checklist

LLP is best business Structure for Small and Medium businesses. The advantage to form LLP are;- Less Govt fees as compared to company for formation- Less Compliances- No need to appoint Auditors unless you exceed the limits- Easy to form

Min Requirements to form LLP;-Min 2 Designated Partners- Each Designated Partner must have DIN- Any one to have DSC- Regd office Proof

Process involved;After DSC and DIN has been obtained, we need to file Form 1 for name approval.

After name gets approved, Form 2 for LLP Incorporation is to be filed.Attachments;- Subscription sheet and Consent from the partners- Regd office ProofIt is important to note that Govt fees depends upon Capital Contribution.

After the registrar issues Certificate of Incorporation, llp Agreement is to be filed with the ROC in Form 3 within 30 days of Incorporation, otherwise penalty of Rs. 100 each day of default will be levied

Attachments;

LLP Agreement on Stamp paper. Value of Stamp paper is determined depending upon the capital contribution and state to state.

To know more, contact CS Neha Seth at 9871903449 or email us at csnehaseth@gmail.com