Updated on July 06, 2024 06:23:46 PM
Limited Liability Partnership is a type of business incorporation which is most suitable for small and medium enterprises or professionals. Online LLP Registration in Karnataka is the best choice for the 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 Karnataka, 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 Karnataka, you've come to the right place.
Consult with Professional Utilities to get your LLP Registration online in Karnataka at just ₹8,499 in 7-10 working days.
LLP Registration Certificate[Sample]
The full form of LLP is Limited Liability Partnership. LLP is a business structure that combines elements of both a partnership and a limited liability company. An LLP provides its partners with limited liability protection, meaning their personal assets are safeguarded in the event of business debts.
In an LLP, the partners have flexibility in managing the business while enjoying the benefit of limited liability. This means that each partner is not personally liable for the debts or misconduct of other partners in the LLP. The liability of each partner is limited to their agreed contribution to the LLP, and their personal assets are generally protected.
LLP Registration Online in Karnataka | Details |
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Cost of LLP Registration Online in Karnataka | ₹8,499 |
Time Required to Register LLP in Karnataka | 7-10 days |
Documents Required For LLP Registration Online in Karnataka |
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Steps To Register LLP in Karnataka |
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Steps after Company is Registered |
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Mode of Application for LLP Registration | Online Application |
Following are the requirements for incorporating an LLP in India:
The first step in LLP registration is to obtain DSC for all the designated partners as the registration process of LLP is completely online. A DSC or Digital Signature certificate is required to sign the documents electronically for the registration of LLP in Karnataka.
Application process of DSC is completely online and it can be availed from the concerned authorities as soon as within 24 hours of application. Once the DSC is received, Form DIR-3 is to be filed with ROC for getting a DIN( Directors Information Number).
The next step is to apply for DPIN(Designated Partner Identification Number) for all the designated partners of the proposed LLP. The application of DPIN is made through filing Form DIR-3.
To register an LLP, a unique name has to be approved through the RUN(Reserve Unique Name) facility provided by MCA. The proposed name for the LLP can be entered in the Name Search tool to check if there is any already registered LLP with the same or identical name.
You can also use our LLP Name Search tool to check for the name availability of the proposed LLP.
In this step the application form for LLP which is called FiLLiP(Form for Incorporation of Limited Liability Partnership) is filled with the Registrar of Companies who has jurisdiction in the state where the LLP is registered.
This form also provides for the application of DPIN for all the designated partners. If the name is approved then the same name can be used to apply for the application of LLP.
An LLP agreement is an important document as it governs the rights and duties of all the designated partners in the LLP. LLP agreement must be filed within 60 days of the LLP incorporation with the MCA.
The LLP agreement must be duly signed on a Stamp paper and the value of the stamp paper will vary from state to state.
By following the above mentioned steps you can easily register your LLP in Karnataka.
LLP Registration in Karnataka | Registration Fees |
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Digital Signature Certificate Fee | ₹3,000 |
Government Fee(Stamp Duty) | ₹1,500 |
Professional fee | ₹3,999 |
Total Cost | ₹8,499 |
The total Registration fees for LLP Registration in Karnataka is ₹8,499 including Govt Fees as well as Professional fees of Professional Utilities.
Note - The LLP registration fees will include creation of DSC(for 2 partners), Drafting LLP agreement, DPIN for 2 Partners, Incorporation Certificate, and professional attorney fees.The Registration cost may vary if the number of members or the value of Authorised Capital is changed.
Given below is the list of documents required for LLP registration in Karnataka.
The total time required for LLP registration in Karnataka is around 7-10 working days which is subject to documents verification by MCA.
At Professional Utilities, we leverage our industry knowledge and expertise to help businesses navigate complex regulations, minimize risks, and optimize operations for maximum efficiency and profitability.
LLP registration in Karnataka is a crucial step for entrepreneurs and professionals looking to establish a business entity that combines the benefits of a partnership with limited liability protection. Throughout this comprehensive guide, we have explored the intricacies of LLP registration, from its definition and advantages to the eligibility criteria and the step-by-step registration process.
By choosing to register your business as an LLP, you can enjoy the flexibility of a partnership while safeguarding your personal assets. The limited liability protection offered by an LLP ensures that each partner's liability is limited to their agreed contribution, shielding them from the financial risks associated with the business.
Looking for LLP registration in Karnataka, contact our team at Professional Utilities and get LLP incorporated at Rs 8,499 within 7-10 days.
The registration fee for LLP companies in Karnataka is Rs 8,499 which includes DSC for minimum 2 members, 1 Lakh Authorised capital, Government Stamp duty as well as Professional Fees of Professional Utilities.
To get your LLP Company registration in Karnataka, you need to submit all the valid documents, submit govt fees and professional fees,
To register a LLP Company in Karnataka you need to provide with some of the basic documents such as Aadhar card, PAN Card, registered office address, DPIN, DSC etc.
The usual time required for LLP company Registration in Karnataka is around 7-10 working days, subject to the document validation from the concerned ministry.
The LLP registration process in Karnataka includes 5 steps which are getting DSC, DPIN, LLP Name Approval, LLP Incorporation Certificate and LLP Agreement.
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