Trusted & Quick LLP Registration Services in Bangalore
LLP Registration in Bangalore Within 7 Days - Quick & Reliable
Why Choose Our LLP Registration Services in Bangalore?
- Quick Registration Support
- Expert Business Consultation
- Perfect Documentation
- 15+ Years of Domain Expertise
- Get In Touch With Best Consultants
What is LLP Registration?
The Limited Liability Partnership (LLP) concept was introduced in India in 2008. LLP has the characteristics of both the partnership firm and a company. The Limited Liability Partnership Act 2008Â regulates the LLP in India.
Many new startups are opting for LLPs after consulting with experts. They choose LLPs to reduce compliance burden & improve their business focus. Professional Services like consultants, small-scale startups, law firms, etc., are choosing LLP over Pvt Ltd.
The LLP firm registration in India requires a minimum of two partners to incorporate an LLP. However, there is no upper limit on the maximum number of partners of an LLP. Registering an LLP company requires proper documentation, which Actax India experts do with excellence.Â
LLPs are Exempted from ITR Returns Filings
LLPs are relaxed from statutory audits like exemption from ITR filings, no tax on dividend distribution, no tax on deemed dividend.
No Minimum Investment for LLP
There's no mandatory Paid Up or Authorized capital required for LLP registration. Partners can contribute in the form of movable, immovable, in-tangible & tangible asset forms.
No Tax Audit Till ₹40 Lakh Turnover
For LLPs there is no tax audit applicable until the turnover reached ₹40L annually or total contribution to LLP by partners exceeds ₹25L in a year.
LLP Registration is quicker than Pvt Ltd in Bangalore
LLP registration typically takes 7-15 working days in Bangalore. The compliances are easy and documentations are quick.
Why Choose LLP Registration in Bangalore?
Bangalore offers tremendous Business Opportunities for New Startups To Grow & Scale
- Bangalore ranks one of the top growing startup cities.
- LLPs can enjoy various grants under Startup Karnataka initiative.
- Bangalore offers 100s of co-working space dedicatedly for LLPs to grow.
- Bangalore ROC is known for efficient processing timelines compared to other metros
- LLP registration cost in Bangalore is lower compared to Mumbai, Delhi etc.,
- Bangalore is known for Rich digital infrastructure. Accessing for startup benefits is more easier in the city for LLPs.
Register Your LLP in Just 7-10 Days in Bangalore!
How Actax India Helps You With LLP Registration in Bangalore?
We Follow 3-Step Framework For Easy Onboarding & Quick Registration.
Book Consultation
Get all your questions answer3ed about LLP firm & registration process.
Provide Required Documents
Provide required documents for LLP registration & complete documentation.
Get Your Registration Certificate
We handle further process. We complete the registration process
Step-By-Step Comprehensive LLP Registration Process in Bangalore
Following Procedures Are Followed For LLP Registration in Bangalore
Decide Partners of LLP
After having discussion within your team, decide who all needs to be appointed as partners representing LLP.
Prepare Documents for LLP Registration
List out all the documents for LLP registration as guided by our Actax experts.
Obtain DSC & DIN
For designated partners, apply for DSC with authorized vendor & get DSC within 2 days.
Apply for LLP Name Registration
Decide at least 2 names for LLP firm. Apply for name approval & registration by MCA.
File All Documents Electronically
File all required documents with ROC for verification & approval.
File For Incorporation with ROC
Keep LLP Agreement draft ready. With FiLLiP, file the documents with ROC.
Get Incorporation Certificate
Get your incorporation certificate after getting reviewed & approved by ROC & MCA.
Complete Mandatory Filings
After incorporation, complete mandatory filings of LLP like Form 3, Form 8 & Form 11 with ROC.
Apply for PAN & TAN
Manually apply for PAN & TAN of the newly registered LLP firm.
Essential Documents Required for LLP Registration in Bangalore
All documents listed below for LLP registration needs to be self attested -
- ID Proof of Partners
- Residence Proof of Partners
- Address Proof of Partners
- Photographs of Proposed partners.
- Passport (in case of Foreign Nationals/ NRIs)
- Proof of Registered Office Address
- Digital Signature Certificate
Book A Call With Our Consultants To Register LLP in Bangalore
With 15+ years of experience in LLP registration, we offer quick & trusted assistance to register LLP in 7-10 days.
What Are the Mandatory Annual Compliances For LLP Registration?
Overview of Annual Compliances Required for LLP in Bangalore, India
LLP firms needs to maintain its active status by regularly filing with the Ministry of Corporate Affairs (MCA).
Annual compliance filing is mandatory for any LLP, whether having a business. Annual compliance for LLP requires filing two separate forms. One of which is for Annual Return, whereas another one is for Statement of Accounts and Solvency.
Forms To File After LLP Registration
Form 11:
Form 11 is a statement of annual return. Require every LLP to file an Annual Return in Form 11 to the Registrar within 60 days from the closure of the financial year, i.e, Annual Returns have to be filed by 30th May every year.
Form 8:Â
Form 8 is a statement of accounts. Require every LLP to prepare and close its accounts by the 31st of March every year. F0rm 8 is to be filed by at least two Designated Partners with the Registrar within 30 days after completion of six months of the Financial Year, i.e. 30th October every year.
How Much Does It Cost To Register LLP in Bangalore?
LLP registration costs typically comprise several components, including filing fees, legal fees, and professional fees. The exact amount you’ll need to allocate for each component will depend on various factors, such as the jurisdiction in which you’re registering, the complexity of your business, and the services you require.
Actax India experts assist you with various aspects of the LLP registration process. We have expertise in ensuring compliance with MCA rules, maintaining proper records & fulfilling ongoing reporting requirements. Our professional fees can vary depending on the scope of service required. With expertise of more than 15 years, we have a track record of providing reliable & efficient services.
More Than 500 Businesses in Bangalore Trust Actax India
FAQs on LLP Registration in Bangalore
Yes, you can register LLP at your home address. But, it is always advisable to register LLP in a new business address to avoid some future risks involved.
Cost of registering LLP is less than private limited. LLP started recently by government keeping small businesses in focus & to make process & compliance easier for small business who trade under LLP name.
For any business, that exceeds ₹40 Lakhs annual turnover (₹ 20 Lakhs for service providers) it is required to get GST Registration under Goods & Services Tax Acts & Rules. Also, it is not mandatory to register GST soon after incorporation or during incorporation.Â
LLP requires at least 2 members to start with. If you are looking for 1 person as member, y0u can opt for One Person Company.Â
LLP Registration in India takes on average of 10 to 15 days depending on the movement of documents. For non conflicting documents, registration process becomes faster!Â
There is no minimum initial investment or capital required to start LLP in India. The minimum investment is ‘zero’.
The LLP formation cost varies from firm to firm. Here we have explained in detail about the legal cost of LLP Registration.Â
Choosing the business structure (Company Structure) depends on the type of business, number of board directors, investment available, future plans of a company. We suggest you to consult our Experts. Click here for more details about company registration.Â
To register an LLP in Bangalore, there are set of mandatory & basic documents required. For more details on understanding documents requirement click here.
