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LLP REGISTRATION IN ANDHRA PRADESH

Enjoy a seamless LLP Formation experience with team Clearbiz!
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INR 9999 /- only

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    What is LLP?

    LLP is an alternative form of corporate business which gives the company the benefits of limited liability and flexible partnership. • An LLP can survive without any change in partners. is able to hold the property in his name by contract.The LLP is regulated and guided by the provisions of the LLP Act under the supervision of MCA

    Checklist of Documents Required for LLP Registration In Andhra Pradesh

    Essential Documents for LLP Formation

    1. PAN Card/ID Proof of all Partners (including nominees for body corporate partners).
    2. Residence Proof of all Partners (electricity bill, Aadhaar card etc.).
    3. Passport-size Photographs of all Partners.
    4. For Foreign Nationals and NRIs: Additional documents like passport and overseas address proof may be required.
    5. Proof of Registered Office Address (rent agreement, utility bill).
    6. Digital Signature Certificate (DSC) for all designated partners.

    FAQs On LLP Registration In Andhra Pradesh

    Get answers to all your queries

    Individuals or even body corporates /companies can form an LLP, to know more on eligibility conditions drop an email at info@clearbiz.in

    There is no such minimum capital requirement mentioned in the LLP Act 2008. However logically capital is a prerequisite for any business to run, irrespective of its legal structure. Considering the same relevant amount may be introduced by partners

    The cost of LLP registration can vary depending on government fees, chosen service packages, and professional charges. To get your free quote call us at 799 49 111 51

    LLP Registration Prerequisites and Eligibility Conditions

    1. Minimum of Two Partners: An LLP requires a minimum of two partners to form. There is no maximum number of partners stipulated. This
    2. Designated Partners: At least two partners must act as designated partners one must be a resident of India
    3. Nomination for Body Corporate Partner: If a body corporate (company) is a partner, it must nominate an individual to act on its behalf.
    4. Agreed Contribution: Partners contribute capital or expertise to the LLP as per the agreed terms.
    5. Minimum Authorised Capital: There is no minimum authorised capital requirement for registering an LLP.
    6. Indian Resident Designated Partner: At least one designated partner must be a resident of India.
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    Advantages of LLP

    Here are a few reasons why registering an LLP might be a good option for business

    1. Own Legal Identity: An LLP enjoys a separate legal identity from its partners. This protects partners’ personal assets from business liabilities.The liabilities of a partner is limited to his capital contribution.Even if the business suffers losses and incur liabilities, it will not become the personal obligation of the partner
    2. Less Risk for Partners: Partners’ liability is limited to their agreed contribution to the LLP. They do not have additional obligations over and above such amounts
    3. Saves Money and Time: Compared to a private limited company, LLP registration involves simpler procedures and lower compliance requirements.Also a great deal of operational structure is offered by an LLp
    4. No Fixed Money Needed: There is no minimum capital requirement for forming an LLP.So conveniently according to the  requirements of the business partners can maintain a running current account over and above fixed contribution
    5. Tax free Profits Sharing: Share of profits received by the partners of an LLP is tax free. So unlike a private limited company, whose dividends received are taxable

    LLP Name Structure

    The proposed LLP name must:

    1. End with the words “Limited Liability Partnership” or its abbreviation “LLP”.
    2. Not be identical or deceptively similar to the name of an existing LLP or company.
    3. Comply with the Ministry of Corporate Affairs (MCA) guidelines on naming restrictions.
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    Procedure for LLP Registration In Andhra Pradesh

    1. The starting point is deciding on the Name of the LLP. It must be unique and also provide an idea of the industry of business operation if possible
    2. Once the Name is Finalised, an application for reservation of the same must be made with MCA, and approval obtained
    3. After the Name approval is obtained, an integrated form for LLP Incorporation -FilliUp must be duly filled and submitted along with all necessary attachments through the MCA V3 portal 
    4. If the submitted forms are found to be in order , the concerned RoC of Tamil Nadu will issue an incorporation certificate to the LLP along with LLIN no clearly mentioned
    5. Most importantly within 30 days of obtaining the Certificate of Incorporation, Form 3 for submitting the LLP Agreement with Roc Andhra Pradesh 

    Why Choose ClearBiz for LLP Registration in Andhra Pradesh?

    ClearBiz is a leading business service provider specializing in simplifying LLP registration processes. We offer:

    • Cost-effective solutions: Our transparent fee structure ensures you get the best value for your investment. We believe in affordable business solutions and empowerment if our clients. We truly know your growth contributes to our growth
    • Experienced professionals: Our team of qualified professionals ensures a smooth and efficient registration process. We can boast of a team of chartered accountants, Company Secretaries and lawyers, who have in-depth knowledge and practical experience
    • Streamlined process: We handle all the paperwork and formalities, saving you valuable time and effort.
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