LLP Registration in Chennai
Earnlogic offers a seamless online LLP registration in Chennai, catering to areas like Velacherry, Adayar, Guindy, Mylapore, and T Nagar. With over a decade of expertise, we simplify the online registration process at a reasonable cost. Our team of legal experts ensures thorough guidance throughout the LLP registration journey.
LLP, or Limited Liability Partnership, stands out due to its simplified formation compared to partnership firms. Offering its unique business structure, LLP assures reduced liability and grants a distinct legal identity. Governed by the LLP Registration Act of 2008, this form of business requires a minimum of two partners, one of whom must be an Indian resident. There's no cap on the maximum number of partners. LLPs with online LLP registration in Chennai enjoy exemption from mandatory audits and possess longevity regardless of partner changes. Typically, LLP registration takes around 15 days to complete form submissions.
Advantages of LLP Registration in Chennai
Following advantages are obtained, when LLP registration online is done.
- Limited liability for partners
- Streamlined and swift online procedures
- Smooth conversion options
- Prompt decision-making
- Fair distribution of business profits
- Advantages surpassing those of partnership firms
- Effortless filing procedures
- No mandatory audits required
- Minimum compliance obligations
- Sustainable long-term business prospects
Benefits of LLP registration in Coimbatore
- Simpler setup and management with fewer formalities
- Lower registration expenses
- LLP exists as a distinct entity from its partners
- Commencement without mandatory capital investment
- Limited liability of partners tied to their contributions
- No mandatory audits required
- Lesser ROC compliance obligations compared to Private Limited Companies
- Latest passport size Photographs of all partners of the firm
- Recent passport-sized photos of all partners
- PAN Card copies of each partner
- Identity proof for each partner (Aadhar Card, Passport, Driving License, or Voter ID Card)
- Address proof for each partner (Bank Statement/Passbook, electricity bill, telephone bill, Aadhar card, or any utility bill)
- Photocopies of telephone bills, electricity bills, or Bank Statements for all partners with their current addresses
- Digital Signature Certificate and Proof of Registered Office Address
These are the benefits of online LLP registration in Chennai.