LLP Registration in Patna-LLP Registration in Bihar-Online Partnership Registration in Patna Bihar-LLP registration consultant in Patna Bihar
info@meerad.in
follow us on your favorite social media sites
+91 - 8540078000
  +91 - 8540099000

 

 
LLP Registration in Patna Bihar

 

1. Meaning & Advantages of LLP 6. Proprietorship Firm into LLP
2.

Minimum Requirements/Steps

7. Partnership Firm into LLP
3. Tax Saving Under LLP 8. Private limited Co. into LLP
4. Name Availability Search 9. Unlisted Public Co. into LLP
5. LLP Public Profile    

 

1. Concept & Advantages of LLP

 

LLP is hybrid version of traditional partnership. Partnership used to be formed by atleast two partners. Similarly, LLPs are also formed. The main difference between old form of Partnership and llp is that LLP has some features of company like it has limited liability features, means in case of LLP, liability of partners are limited to amount of contributions that they have agreed to contribute at time of admission or creation of partnership. Limited Liability Partnership entities, the world wide recognized form of business organization has now been introduced in India by way of Limited Liability Partnership Act, 2008. A Limited Liability Partnership, popularly known as LLP combines the advantages of both the Company and Partnership into a single form of organization.


LLPs also have many advantages over proprietorships, partnerships and limited companies, as elaborated below.

 

  • Limited Liability:

 

First and foremost benefit of trading/doing business via LLP is the limited liability conferred upon the partners. As a sole trader or partnership business, personal assets of the proprietor or partners can be at risk in the event of a failure of the business, but this is not the case for an LLP. Unfortunate events like business failures are not always under an entrepreneur's control; hence it is pivotal to secure the personal assets of the businessman in the event of crises


Unlike proprietorship and partnership, if an LLP becomes insolvent and is wound up, only the assets of the LLP are used to clear its debts. The partners of LLP have no personal liabilities and are not made bankrupt and are free to operate as credible businessmen.

 

  • No Audit Requirements:

 

Audit is not required unless capital exceeding Rs. 25 lakh or turnover exceeding Rs. 60 lakh.

 

  • Legal Entity/Status or Recognition:

 

An LLP is a legal entity, a juristic person established under the Act. It has its existence separate from its partners. Corporate entity status enables LLP to be taken more seriously than a proprietorship/partnership status does.


Operating as a corporate entity/LLP often gives suppliers and customers a sense of confidence in a business. Larger organisations in particular will prefer in dealing with corporate entities than proprietorship/partnership organisations.
Easy to attract quality workforce and achieve strategic motivation of employees by using flexible and wide range of management designations.

 

  • Taxation:

 

LLPs are taxed like general partnership firms. LLPs pay an effective tax of 30.9%. They are exempted from 10% surcharge. LLPs tax payment is lower than that of companies, which pay a 33.99% tax on profits.
The tax will be imposed only on 10% or 40% of the LLP’s income, since the firm will be allowed to pay the balance 90% or 60% to the partners as remuneration. This means, the partners will have to pay tax on the amount paid to them. So, there will be no double taxation of income.


Unlike Private or Public Companies, no requirement for payment of Dividend distribution/Corporation Tax on distribution of income/profits among partners.

 

  • Other Important Advantages:
  • Low cost of Formation and compliances.
  • Less statutory compliances as compared to Private limited Companies
  • Less requirements as to maintenance of statutory records
  • Renowned and accepted form of business worldwide
  • No requirement of any minimum capital contribution
  • No restrictions as to maximum number of partners
  • Body corporate can be a partner of an LLP
  • Less Government Intervention
  • Easy to dissolve or wind-up
  •  

    2. Minimum Requirements/Steps

     

    • Minimum 2 Partners
    • Minimum 2 Designated Partners
    • Atleast 1 of the designated partners shall be an Indian Resident
    • If a body corporate is a partner, it has to nominate a natural person as its nominee
    • The Partners and Designated Partners can be same person
    • There is no concept of share capital, but there has to be some sort of contribution from each partner
    • DIN (Director Identification Number) for all the Designated Partners
    • DSC (Digital Signature Certificate) for any one of the Designated Partners

     

     

    Documents or information required for LLP registration:

     

    1.

    Names of proposed LLP (Maximum 6 names can be given)

    2.
    Xerox of pan and address proof of at least two persons
    3.

    Copy of Bank current bank statement or Electricity bills of (should be in name of  Applicants)

          
    4. Address proof of registered office
    5. Copy of Lease/ Rent agreement if office of LLP is on rent along with rent receipts
    6. 3 Passport size photos of all partners
    7. Details of contribution of capital by Partners
    8. Profit/Loss Sharing ratio between partners
    9. Rights & Duties and obligations of Partners
    10. Proposed Business of LLP
    11. Rules for governing the conduct of operations of LLP

     

     

    Notes :-

     

    Please Use Resources - List of Documents Required Tab to know about documents required for registration at current date.

     

    LLP Registration in Patna-LLP Registration in Bihar-Online Partnership Registration in Patna Bihar-LLP registration consultant in Patna Bihar

     

    LLP Registration in Patna-LLP Registration in Bihar-Online Partnership Registration in Patna Bihar-LLP registration consultant in Patna Bihar

     

    Our services include Company Registration, LLP registration, One person company formation, NGO registration, Trust registration, Society registration, Section 8/25 company registration, Sole-Proprietorship registration, Industrial Consultancy, Project Report Preparations, Market Research, Market study, EPF registration, ESI registration, Service tax registration, CST & VAT registration, Professional tax registration, DOT OSP license, Call centre license, trade license, contractor license, labour license, food license, drug license, security agency license, ISO certifications, OHSAS certifications, ISI certifications, AGMARK, HALLMARK, CE certifications, FSSAI certifications, Accounts preparations, Statutory audit, cost audit, tax audit, vat audit, internal audit, secretarial audit, annual return, mca filling, income tax return filling, service tax return filling, sales tax & vat return filling, EPF return filling, ESI return filling, Website designing and development, Inventory software development, Bulk email service, Bulk sms service, Missed call number, Toll free number, Logo designing, letter head designing, Stationary designing, Business set up consultancy, Company Secretarial Services, Chartered accountants in Patna, Bihar, Jharkhand, India. Visit www.meerad.in for more information.

     

    Our services include Company Registration, LLP registration, One person company formation, NGO registration, Trust registration, Society registration, Section 8/25 company registration, Sole-Proprietorship registration, Industrial Consultancy, Project Report Preparations, Market Research, Market study, EPF registration, ESI registration, Service tax registration, CST & VAT registration, Professional tax registration, DOT OSP license, Call centre license, trade license, contractor license, labour license, food license, drug license, security agency license, ISO certifications, OHSAS certifications, ISI certifications, AGMARK, HALLMARK, CE certifications, FSSAI certifications, Accounts preparations, Statutory audit, cost audit, tax audit, vat audit, internal audit, secretarial audit, annual return, mca filling, income tax return filling, service tax return filling, sales tax & vat return filling, EPF return filling, ESI return filling, Website designing and development, Inventory software development, Bulk email service, Bulk sms service, Missed call number, Toll free number, Logo designing, letter head designing, Stationary designing, Business set up consultancy, Company Secretarial Services, Chartered accountants in Patna, Bihar, Jharkhand, India. Visit www.meerad.in for more information.

     

    Our services include Company Registration, LLP registration, One person company formation, NGO registration, Trust registration, Society registration, Section 8/25 company registration, Sole-Proprietorship registration, Industrial Consultancy, Project Report Preparations, Market Research, Market study, EPF registration, ESI registration, Service tax registration, CST & VAT registration, Professional tax registration, DOT OSP license, Call centre license, trade license, contractor license, labour license, food license, drug license, security agency license, ISO certifications, OHSAS certifications, ISI certifications, AGMARK, HALLMARK, CE certifications, FSSAI certifications, Accounts preparations, Statutory audit, cost audit, tax audit, vat audit, internal audit, secretarial audit, annual return, mca filling, income tax return filling, service tax return filling, sales tax & vat return filling, EPF return filling, ESI return filling, Website designing and development, Inventory software development, Bulk email service, Bulk sms service, Missed call number, Toll free number, Logo designing, letter head designing, Stationary designing, Business set up consultancy, Company Secretarial Services, Chartered accountants in Patna, Bihar, Jharkhand, India. Visit www.meerad.in for more information.

     

    Our services include Company Registration, LLP registration, One person company formation, NGO registration, Trust registration, Society registration, Section 8/25 company registration, Sole-Proprietorship registration, Industrial Consultancy, Project Report Preparations, Market Research, Market study, EPF registration, ESI registration, Service tax registration, CST & VAT registration, Professional tax registration, DOT OSP license, Call centre license, trade license, contractor license, labour license, food license, drug license, security agency license, ISO certifications, OHSAS certifications, ISI certifications, AGMARK, HALLMARK, CE certifications, FSSAI certifications, Accounts preparations, Statutory audit, cost audit, tax audit, vat audit, internal audit, secretarial audit, annual return, mca filling, income tax return filling, service tax return filling, sales tax & vat return filling, EPF return filling, ESI return filling, Website designing and development, Inventory software development, Bulk email service, Bulk sms service, Missed call number, Toll free number, Logo designing, letter head designing, Stationary designing, Business set up consultancy, Company Secretarial Services, Chartered accountants in Patna, Bihar, Jharkhand, India. Visit www.meerad.in for more information.

     

    Our services include Company Registration, LLP registration, One person company formation, NGO registration, Trust registration, Society registration, Section 8/25 company registration, Sole-Proprietorship registration, Industrial Consultancy, Project Report Preparations, Market Research, Market study, EPF registration, ESI registration, Service tax registration, CST & VAT registration, Professional tax registration, DOT OSP license, Call centre license, trade license, contractor license, labour license, food license, drug license, security agency license, ISO certifications, OHSAS certifications, ISI certifications, AGMARK, HALLMARK, CE certifications, FSSAI certifications, Accounts preparations, Statutory audit, cost audit, tax audit, vat audit, internal audit, secretarial audit, annual return, mca filling, income tax return filling, service tax return filling, sales tax & vat return filling, EPF return filling, ESI return filling, Website designing and development, Inventory software development, Bulk email service, Bulk sms service, Missed call number, Toll free number, Logo designing, letter head designing, Stationary designing, Business set up consultancy, Company Secretarial Services, Chartered accountants in Patna, Bihar, Jharkhand, India. Visit www.meerad.in for more information.

     

    Our services include Company Registration, LLP registration, One person company formation, NGO registration, Trust registration, Society registration, Section 8/25 company registration, Sole-Proprietorship registration, Industrial Consultancy, Project Report Preparations, Market Research, Market study, EPF registration, ESI registration, Service tax registration, CST & VAT registration, Professional tax registration, DOT OSP license, Call centre license, trade license, contractor license, labour license, food license, drug license, security agency license, ISO certifications, OHSAS certifications, ISI certifications, AGMARK, HALLMARK, CE certifications, FSSAI certifications, Accounts preparations, Statutory audit, cost audit, tax audit, vat audit, internal audit, secretarial audit, annual return, mca filling, income tax return filling, service tax return filling, sales tax & vat return filling, EPF return filling, ESI return filling, Website designing and development, Inventory software development, Bulk email service, Bulk sms service, Missed call number, Toll free number, Logo designing, letter head designing, Stationary designing, Business set up consultancy, Company Secretarial Services, Chartered accountants in Patna, Bihar, Jharkhand, India. Visit www.meerad.in for more information.

     

    Our services include Company Registration, LLP registration, One person company formation, NGO registration, Trust registration, Society registration, Section 8/25 company registration, Sole-Proprietorship registration, Industrial Consultancy, Project Report Preparations, Market Research, Market study, EPF registration, ESI registration, Service tax registration, CST & VAT registration, Professional tax registration, DOT OSP license, Call centre license, trade license, contractor license, labour license, food license, drug license, security agency license, ISO certifications, OHSAS certifications, ISI certifications, AGMARK, HALLMARK, CE certifications, FSSAI certifications, Accounts preparations, Statutory audit, cost audit, tax audit, vat audit, internal audit, secretarial audit, annual return, mca filling, income tax return filling, service tax return filling, sales tax & vat return filling, EPF return filling, ESI return filling, Website designing and development, Inventory software development, Bulk email service, Bulk sms service, Missed call number, Toll free number, Logo designing, letter head designing, Stationary designing, Business set up consultancy, Company Secretarial Services, Chartered accountants in Patna, Bihar, Jharkhand, India. Visit www.meerad.in for more information.

    Our services include Company Registration, LLP registration, One person company formation, NGO registration, Trust registration, Society registration, Section 8/25 company registration, Sole-Proprietorship registration, Industrial Consultancy, Project Report Preparations, Market Research, Market study, EPF registration, ESI registration, Service tax registration, CST & VAT registration, Professional tax registration, DOT OSP license, Call centre license, trade license, contractor license, labour license, food license, drug license, security agency license, ISO certifications, OHSAS certifications, ISI certifications, AGMARK, HALLMARK, CE certifications, FSSAI certifications, Accounts preparations, Statutory audit, cost audit, tax audit, vat audit, internal audit, secretarial audit, annual return, mca filling, income tax return filling, service tax return filling, sales tax & vat return filling, EPF return filling, ESI return filling, Website designing and development, Inventory software development, Bulk email service, Bulk sms service, Missed call number, Toll free number, Logo designing, letter head designing, Stationary designing, Business set up consultancy, Company Secretarial Services, Chartered accountants in Patna, Bihar, Jharkhand, India. Visit www.meerad.in for more information.

     

    Our services include Company Registration, LLP registration, One person company formation, NGO registration, Trust registration, Society registration, Section 8/25 company registration, Sole-Proprietorship registration, Industrial Consultancy, Project Report Preparations, Market Research, Market study, EPF registration, ESI registration, Service tax registration, CST & VAT registration, Professional tax registration, DOT OSP license, Call centre license, trade license, contractor license, labour license, food license, drug license, security agency license, ISO certifications, OHSAS certifications, ISI certifications, AGMARK, HALLMARK, CE certifications, FSSAI certifications, Accounts preparations, Statutory audit, cost audit, tax audit, vat audit, internal audit, secretarial audit, annual return, mca filling, income tax return filling, service tax return filling, sales tax & vat return filling, EPF return filling, ESI return filling, Website designing and development, Inventory software development, Bulk email service, Bulk sms service, Missed call number, Toll free number, Logo designing, letter head designing, Stationary designing, Business set up consultancy, Company Secretarial Services, Chartered accountants in Patna, Bihar, Jharkhand, India. Visit www.meerad.in for more information.

     

     

    Cheapest service tax registration | Call us at +91-8540099000

     

    Cheapest trademark registration service in all Parts of India. Contact for trademark registration, copyright registration, patent registration.

     

    Our services include Company Registration, LLP registration, One person company formation, NGO registration, Trust registration, Society registration, Section 8/25 company registration, Sole-Proprietorship registration, Industrial Consultancy, Project Report Preparations, Market Research, Market study, EPF registration, ESI registration, Service tax registration, CST & VAT registration, Professional tax registration, DOT OSP license, Call centre license, trade license, contractor license, labour license, food license, drug license, security agency license, ISO certifications, OHSAS certifications, ISI certifications, AGMARK, HALLMARK, CE certifications, FSSAI certifications, Accounts preparations, Statutory audit, cost audit, tax audit, vat audit, internal audit, secretarial audit, annual return, mca filling, income tax return filling, service tax return filling, sales tax & vat return filling, EPF return filling, ESI return filling, Website designing and development, Inventory software development, Bulk email service, Bulk sms service, Missed call number, Toll free number, Logo designing, letter head designing, Stationary designing, Business set up consultancy, Company Secretarial Services, Chartered accountants in Patna, Bihar, Jharkhand, India. Visit www.meerad.in for more information.

     

    Vat registration at cheapest price in Patna, Bihar, Jharkhand, India. | Visit www.meerad.in for more information.

     

     

    Want to SETUP A COMPANY IN INDIA in hassle free way

    Let us guide you all the way...

     

    CONTACT US