Limited Liability Partnership (LLP) Registration in Coimbatore
Limited Liability Partnership is a type of business registration which is most suitable for small and medium enterprises. Online LLP Registration in Coimbatore is the best choice for small-scale business owners and service providers planning to start a company in partnership. Go through the page to read about Online LLP Registration in Coimbatore, Process, Documents required, Govt and Professional Fees, Time required, features.
LLP offers the benefits of both a partnership and a limited liability company, making it an attractive option for those seeking a flexible yet protected business structure. If you're interested in understanding the process of LLP registration in Coimbatore, you've come to the right place.
Consult with Professional Utilities to get your LLP Registration online in Coimbatore at just ₹6,499 in 7-10 working days.
LLP Registration [Sample]
Table of Content
- What is LLP Registration?
- LLP Registration in Coimbatore - Overview
- Benefits of LLP Registration in Coimbatore
- Checklist for LLP Registration in Coimbatore
- Documents Required for LLP Registration in Coimbatore
- Documents you’ll get after LLP Incorporation
- LLP Registration Process in Coimbatore
- LLP Registration Fees in Coimbatore
- How Much Time is Required for Registering an LLP?
- Conclusion
- Frequently Asked Questions
What is LLP Registration?
LLP is a form of a partnership registered under the Limited Liability Partnership Act, 2008, where liabilities of all the partners are limited to the extent of contribution bought by them. It helps owners limit their liabilities while enjoying the advantages of a limited company which is an edge over a traditional partnership firm.
No partner is liable for unauthorized actions of other partners; thus, individual partners can safeguard them from joint liability arising from the misconduct of other partners. Professionals, micro and small businesses mostly prefer LLP as an organization.
Minimum two partners are required to incorporate an LLP. However, there is no upper limit on the maximum number of partners of an LLP. There should be a minimum of two designated partners who shall be individuals, and at least one of them should be residents in India.
The LLP agreement governs the rights and duties of designated partners. They are directly responsible for complying with all the provisions of the LLP Act, 2008 and provisions specified in the LLP agreement.
LLP Registration in Coimbatore - Overview
| LLP Registration Online in Coimbatore | Details |
|---|---|
| Cost of LLP Registration Online in Coimbatore | ₹8,499 |
| Time Required to Register LLP in Coimbatore | 7-10 days |
| Documents Required For LLP Registration Online in Coimbatore |
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| Steps To Register LLP in Coimbatore |
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| Steps after Company is Registered |
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| Mode of Application for LLP Registration | Online Application |
Benefits of LLP Registration in Coimbatore
Registering a Limited Liability Partnership (LLP) in Coimbatore offers several advantages, making it a popular choice for businesses seeking flexibility, legal protection, and cost-efficiency. Here are the key benefits of LLP registration in Coimbatore:
- Separate legal entity: An LLP is a separate legal entity from its partners. It is a major benefit not available for partnership firms.
- Limited liability: Protects the personal assets of the owners with limited liability protection.
- Lower cost: The cost of registering an LLP is comparatively lower than a private limited company.
- No minimum capital required: An LLP can be formed with the least amount of capital as there is no minimum requirement.
- Minimal compliances: Lower compliance requirements. Mandatory annual compliances are lower; LLP audit is optional if turnover is below ₹40 lakhs.
Checklist for LLP Registration in Coimbatore
Below are the essential requirements to facilitate your Limited Liability Partnership (LLP) registration process in Coimbatore. Please ensure to verify the specified details:
- Minimum Two Partners: At least two individuals are required to form an LLP, with no maximum limit on the number of partners.
- Resident Partner Requirement: At least one designated partner must be a resident of India (i.e., stayed in India for at least 182 days in the previous year).
- Capital Contribution: Each partner must make a capital contribution, which can be in the form of cash, assets, or other agreed consideration.
- Registered Office Address Proof: Valid proof of the LLP's registered business address (utility bill, rent agreement, or ownership document), along with a No Objection Certificate (NOC) from the property owner if applicable.
Documents Required for LLP Registration in Coimbatore
To successfully register an LLP in Coimbatore, you’ll need to submit personal and business documents for verification by the Ministry of Corporate Affairs. Below is the complete list of required documents:
Identity and Address Proof of Directors/Shareholders
- Passport size photographs of the directors
- Copy of Aadhar Card
- Copy of PAN Card or Passport (in case of foreign national or NRI)
- Copy of latest bank statement and utility bill
Address Proof of Registered Office
- Copy of electricity/water/gas bill (not older than two months)
- Rent agreement with Aadhar card and PAN card of owner
- Property Tax Receipt / Sale deed / POA
- No Objection Certificate (NOC) from the owner of the property
- 3 GPS Based Photograph of Registred office
Documents you’ll get after LLP Registration in Coimbatore
Following are the documents you’ll receive after registering an LLP in Coimbatore:
- Certificate of Incorporation
- Digital Signature Certificate (DSC)
- Designated Partner Identification Number (DPIN)
- LLP PAN
- LLP TAN
- Company Master Data
- LLP Agreement
- Company Name Approval
- Bank Account Opening Assistance
LLP Registration Process in Coimbatore
Starting a Limited Liability Partnership (LLP) in Coimbatore is a seamless, fully online process governed by the Ministry of Corporate Affairs (MCA). Below is a step-by-step overview to guide you through the registration process:
- Reserve Your LLP Name: Select a unique name and apply for name reservation through the RUN-LLP service on the MCA portal.
- Obtain Digital Signature Certificate (DSC): All designated partners must acquire a valid DSC for e-signing registration documents.
- Application for LLP Registration: File the FiLLiP form online with MCA, along with partner details, address proof, and other required documents.
- Issuance of Incorporation Certificate: Upon successful verification, the Certificate of Incorporation is issued by the Central Registration Centre (CRC), along with PAN and TAN.
- Drafting and Filing of LLP Agreement: Prepare and file the LLP Agreement with MCA within 30 days of incorporation to define roles, responsibilities, and capital structure.
LLP Registration Fees in Coimbatore
The total cost of LLP Registration in Coimbatore, is ₹6,499 Only including government fee and professional fees. The LLP formation process takes around 10 working days subject to document verification by MCA.
| Steps | Fees Rs. |
|---|---|
| Digital Signature Certificate of 2 Partners | ₹1,000 |
| Govt Fee | ₹1,500 |
| Professional Fee | ₹3,999 |
| Total Cost | ₹6,499 Only |
Charges applicable for DSC certificate would be paid directly to certifying agencies.
Note: The aforementioned Fees is exclusive of GST.