LLP registration in Chennai

LLP Registration in Chennai

LLP has an immense significance in the corporation world. Earnlogic – is an eminent service provider of Limited liability partnership (LLP) registration service in Chennai. We have a decade of experience with the professionals and we provide services in many places of Chennai including Velacherry, Adayar, guindy, mylapore and T Nagar. Earn logic makes registration process as easy as possible through online at affordable cost.We have 10+ years of experience in legal registration services and our legal experts will provide endless support in the process of LLP registration.

LLP is known as limited liability partnership and when compared to partnership firm, it is easy to form and it has its own business structure with more benefits and limited liability. LLP is a separate legal entity; its member has power to extend all its assets keeping the liability of partners limited. LLP registration comes under the LLP registration act, 2008. Minimum of Two persons can start the business and there is no limit for the maximum number of persons. Among the partners, one should be an Indian resident. In a LLP company, there is no audit requirement for the business. It has a long term life to continue the business even when the partners do not exist. Registration of LLP takes 15 days to file the forms.

Advantages of LLP Registration in Chennai

  • Limited liability
  • Easy and quick online process
  • Easy conversion
  • Quick decision making
  • Equal profit sharing in business.
  • More benefits when compared to partnership firms.
  • Easy filing process.
  • No audit requirement
  • Minimal level of compliances.
  • Long term business.

Benefits of LLP registration in Coimbatore

  • LLP is easier to begin and administrate and has less number of formalities. Lower registration cost.
  • LLP registration is like a corporate body which has separate existence other than its partners.
  • LLP can be started without any capital amount.
  • The partners limited liability is based on the contribution.
  • Compulsory audit is not needed.
  • Comparing to Private Limited Company, the annual ROC compliance in LLP is less.

  • Documents required For LLP Registration

    • Latest passport size Photographs of all partners of the firm
    • PAN Card
    • Each partner’s identity proof, (Aadhar Card, Passport, Driving License or Voter ID Card)
    • Each partner’s address proof (Bank Statement or Passbook, electricity bill, telephone bill, Aadhar card or any utility bill)
    • Photo Copy of telephone bill, electricity bill or Bank Statement of all Partners with Present address
    • Digital signature Certificate and Proof of Registered office Address.