LLP Formation
Property Resolve offers comprehensive services for Limited Liability Partnership (LLP) formation in Pune and across Maharashtra, providing your business with the flexibility of a partnership and the limited liability of a company.
What is a Limited Liability Partnership (LLP)?
A Limited Liability Partnership (LLP) is a body corporate and a legal entity separate from its partners. Introduced in India by the Limited Liability Partnership Act, 2008, an LLP combines the advantages of a traditional partnership firm (such as flexibility in internal management) with the benefits of a company (like limited liability for its partners).
LLPs are a popular choice for professionals, startups, and small to medium-sized enterprises (SMEs) in Pune and across India, seeking a business structure that offers:
* Limited Liability: Partners’ personal assets are protected from the liabilities of the business. Their liability is limited to their agreed contribution to the LLP.
* Separate Legal Entity: The LLP exists independently of its partners, can own property, enter into contracts, and sue or be sued in its own name.
* Perpetual Succession: The existence of the LLP is not affected by the retirement, death, or insolvency of any partner.
* Flexibility: The internal management and operation of the LLP are governed by a flexible LLP Agreement, allowing partners to define their roles and profit-sharing ratios.
* Lower Compliance Burden: Generally, LLPs have fewer compliance requirements compared to private limited companies.
* Tax Efficiency: LLPs are taxed as partnership firms, which can offer certain tax advantages.
Why Choose an LLP for Your Business?
Property Resolve's LLP Formation Services:
Navigating the LLP registration process requires expertise. At Property Resolve, we offer end-to-end support to ensure a smooth and compliant LLP formation for your business in Pune and Maharashtra:
* Comprehensive Consultation: We understand your business model, partner structure, and objectives to determine if an LLP is the ideal choice for you.
* Digital Signature Certificate (DSC) Procurement: We assist all designated partners in obtaining their mandatory Class 3 Digital Signature Certificates, essential for online filings.
* Designated Partner Identification Number (DPIN) Application: We handle the application for DPIN for all designated partners.
* Name Availability Search & Reservation: We conduct thorough name searches and file the LLP-RUN form with the Ministry of Corporate Affairs (MCA) to reserve your desired LLP name.
* Incorporation Document Filing (FiLLiP): We prepare and file the integrated Form for Incorporation of Limited Liability Partnership (FiLLiP) with the Registrar of Companies (RoC). This includes:
- Partner and designated partner details.
- Proof of registered office address in Pune/Maharashtra (e.g., utility bills, rent agreement, NOC from owner).
- Subscriber sheet and consent.
* LLP Agreement Drafting & Filing: We meticulously draft the crucial LLP Agreement, outlining the mutual rights, duties, and responsibilities of partners, capital contributions, profit-sharing ratios, and operational procedures. We ensure it’s executed on proper stamp paper (as per Maharashtra Stamp Act) and filed with the RoC (Form 3) within 30 days of incorporation.
* PAN & TAN Application: We assist in obtaining the Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) for your newly formed LLP.
* Post-Incorporation Compliance Guidance: We provide initial guidance on mandatory annual compliances for LLPs, such as filing of Annual Return (Form 11) and Statement of Accounts & Solvency (Form 8).
Why Choose Property Resolve for Your LLP Formation?
01
Expert Guidance
Our team of legal and corporate professionals possesses in-depth knowledge of LLP regulations and procedures in India.
02
End-to-End Service
We manage the entire process, from preliminary consultations to final registration and initial compliance advice.
03
Efficiency & Accuracy
We ensure all filings are accurate, timely, and compliant with MCA requirements, minimizing delays.
04
Transparent Process
We keep you informed at every stage, providing clarity on requirements and timelines.
05
Cost-Effective Solutions
We offer competitive pricing for our comprehensive LLP formation services in Pune.
06
Local Presence
Our understanding of the local business environment in Pune and Maharashtra aids in a smoother process.
Documents Typically Required for LLP Formation
For Partners:
- PAN Card (mandatory for Indian nationals)
- Aadhaar Card
- Proof of Address (e.g., Voter ID, Passport, Driving License, Latest Bank Statement, Electricity Bill, Telephone Bill - not older than 2 months)
- Passport-sized Photographs
- Passport (for foreign nationals/NRIs)
For Registered Office (in Pune/Maharashtra)
- For Registered Office (in Pune/Maharashtra)
- NOC (No Objection Certificate) from the owner of the premises (if rented or used without ownership)
- Rent Agreement (if applicable)
Ready to launch your business with the advantages of an LLP?
Contact Property Resolve today for a seamless LLP formation experience.