LLP Registration in Hyderabad is a complex task compared to other cities. We Solubilis nominated as the best market leaders of Limited liability partnership registration in all around the city. The baseline of Business registration under limited liability partnership is Limited Liability Partnership Act, 2008. The minimum and maximum requirement of partners in an LLP is 2 and infinite. There is no initial capital at the time of establishment. Among those minimum partners, there should be 2 individuals and one of them must be an Indian citizen. The rights of the partners and the requirements of an LLP all should described in the LLP Agreement. The agreement is a contract between the members of an LLP to ensure the kinship between them. LLP is the most straightforward method to register and run your business. It has least compliance process, less government procedures. Most of the professionals and micro entities prefer LLP as their term of business. If you want to raise the shares in future of your business, you can choose LLP. We assist you in all the hurdle situations. Let’s jump into the new term of business.
Here we can give some important points about the advantages of limited liability partnership (LLP). It will help to know the registration of LLP.
There is no requirement for the initial capital allocation. We can invest whatever we wanted to invest.
There are no restrictions in the count of owners. The minimum counts of partners are 2 and the maximum count is infinite.
The registration cost of Limited liability partnership is less compared to other business streams.
The registration and management of LLP is convenient compared to other. We can customize the options according to the owners.
LLP require audit in the below cases like the initial capital exceeds 25 lakh and the turnover exceed 40 lakh.
LLP have to face less compliance as they have to file two statements like the annual return and statement of accounts and solvency.
We are the best consultants to register your limited liability partnership (LLP) in Hyderabad, Get a free consultation on LLP registration by submitting an online enquiry with us or contact directly.
Fill the application for Digital signature Certificate
Reserve the LLP Name
Fill the application for registration along with Director Identification number
PAN & TAN application
Filing the LLP Agreement
1. Declaring the LLP as obsolete
2. Winding up the business voluntarily The MCA can also be default the LLP in the below cases
1. LLP can be declared as out-dated when the minimum number of partners reduced to the minimum of 2 for more than 6 months.
2. If it is not filed the annual forms with MCA for 5 years
3. Not able to pay the debts