LLP Registration in Shivaji Nagar Consultant provides services in Shivaji Nagar with top consultancy in all over Bangalore in your doorstep, A limited liability partnership is a partnership in which some or all associate (depending on the authority) have limited liabilities. It, therefore, show component of partnerships and corporations. In a limited liability partnership, each associate is not responsible or liable for another partner’s wrongdoing or carelessness. A limited liability Partnership: is a partnership in which some or all associates (depending on the authority) have limited liabilities. It, therefore, display component of association and company. In a limited liability partnership, each partner is not responsible or liable for another partner’s misconduct or failure.

  1. Designated Partner Minimum no of Designated Partner necessary is Two out of which 1 shall be Indian Resident Any person can be a Designated Partner of the limited liability partnership involve family members Director Identification No and Digital Signature Certificate are required to be a Designated Partner are the managers and they are in charge for day to day functioning of the limited liability partnership Designated Partner can also donate to the capital of the limited liability partnership.
  2. Partner: There is no such least necessity for a Partner Designated Partner and Partners can be the same Partners only contribute to the capital of the limited liability partnership and does not take active participation in the day to day functioning of limited liability partnership, hence they are not responsible or liable for any activities of the limited liability partnership. A limited liability Partnership: The number of companies in India has risen to vary greatly due to numerous reasons essentially being a manufacturing revolution and the implementation of Five-Year plans. According to an estimate, there were 30,000 companies in 1956 but now they are close to seven lakhs. Indian companies were also mobilizing assets at a scale unimaginable even a decade ago, steadily entering into and bringing new occupation into the fold of the Indian economy. A limited liability partnership is a new form of Lawful business entity with limited liability. The rise in the number of businesses has put India on the worldwide front competing with the worldwide counterparts; this has made India contributors to a large range of goods and services while getting bigger employment possibilities at home. One very important characteristic of a new age company is limited liability partnership in a limited liability partnership one partner is not responsible or liable for another partner’s misconduct or negligence. This is an important difference from that of a limited partnership. In a limited liability partnership, all partners have a form of liability for each sole protection within the partnership, similar to that of the bondholder of a corporation.
  3. Capital Contribution: There is no such necessity for minimum capital contribution, hence the limited liability partnership can be formed with the capital contribution starting from INR 1.
  4. Registered Office: Any place can be made as to the registered office of the limited liability partnership even the residential place can be used as the registered office of the limited liability partnership.
  5. Capital Contribution: There is no such requirement for minimum capital contribution, hence the limited liability partnership can be formed with the capital contribution starting from INR 1
  6. Registered Office: Any place can be made as to the registered office of the limited liability partnership even the residentiary place can be used as the registered office of the limited liability partnership.
  7. Registering Authority: Ministry of Corporate Affairs.

How to get LLP registration in Shivaji Nagar?

Are you looking to get LLP registration in Shivaji Nagar? Consultry is the top LLP registration in Shivaji Nagar, to file LLP registration in Shivaji Nagar at an affordable cost. Feel free to send your inquiry to info@consultry.in or feel free to contact: 7975187793 or visit https://www.consultry.in/.

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