Limited Liability Partnership / LLP Registration in Pune, Pimpri chinchwad or PCMC

At CA Sonal M & Associates, we have years of experience in providing efficient and professional LLP registration services in Pune, Pimpri Chinchwad, or PCMC. We take care of all the legal requirements and paperwork, ensuring your LLP is registered without any hassle.

Expert Guidance: Our team of experienced Chartered Accountants offers expert advice at every stage of the registration process.
Seamless Process: We ensure a smooth, timely, and hassle-free registration experience, allowing you to focus on your business.
Comprehensive Services: We handle all aspects of LLP registration, including paperwork, legal compliance, and post-registration support.
Affordable Pricing: Our services are reasonably priced, ensuring you get value for your money while establishing your business.

Limited Liability Partnership Registration Services in Pune

Limited Liability Partnership has been introduced in India by way of Limited Liability Partnership Act, 2008. LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a Partnership. A Limited Liability Partnership combines the advantages of both the Company and Partnership into a single form of organization and one partner is not responsible or liable for another partner’s misconduct or negligence. It is very easy to do LLP Registration in India , as the process is very simple as compared to Companies and does not involve much formality. A LLP is indeed advantageous because of comparatively lower cost of formation, lesser compliance requirements, easy to manage and run, partners are not liable for the acts of the other partners.

LLP Incorporation in India is made more easy by Ministry of Corporate Affairs. From 2nd October 2018 earlier process of LLP registration has been modified. Now the new process is much simpler and with fast tack mode. Experts at SONAL M, & ASSOCIATES in have helped number of start-ups for LLP Registration. Our services are reliable and quick

Whether you are starting a new business or transitioning your existing partnership to an LLP, CA Sonal M & Associates is your trusted partner in Pune, Pimpri Chinchwad, and PCMC. Our goal is to make the registration process easy and efficient so that you can focus on growing your business. For reliable and professional LLP registration services, contact CA Sonal M & Associates today. Let us help you start your business with confidence and compliance.

Legal Compliances for Limited Liability Partnership (LLP)

Income Tax Return: After LLP Incorporation at end of financial year need to prepare it financial statements such as Profit and loss statement and Balance sheet. And apply for filing income tax return.
Form 11: Statement of account and solvency - Due on 31 May

GST Returns: If business owner who applied for GST registration then , need to file GST Returns on month or quarterly basis.
Form 8: Statement of Account & Solvency – Due on 30th October

Advantages of Limited Liability Partnership Registration

It’s quick and easy to get started: It’s now very easy to start Limited Liability Partnership and it can all be done online. Now you can start a Limited Liability Partnership in few days. What’s more, the cost of incorporation is an allowable expense against corporation tax.

Limited Liability: A Limited Liability Partnership (LLP) exists as a separate legal entity from your personal life. Both LLP and person, who own it, are separate entities and both functions separately. Liability for repayment of debts and lawsuits incurred by the LLP lies on it and not the owner.

Taxation Aspect on LLP: For income tax purpose, LLP is treated on a par with partnership firms. Thus, LLP is liable for payment of income tax and share of its partners in LLP is not liable to tax. Thus no dividend distribution tax is payable.

Raising Money: Financing a small business like Sole Proprietorship or Partnership can be difficult at times. A LLP being a regulated entity like Company can attract finance from Investors, financial institutions etc.

What Your LLP Registration Agreement Contains

Basic information about all partners , addresses and type of business
Amount of capital introduced in LLP
Description like adding new partner or retirement of partner

Profit and Loss sharing ratio of Partners
Details of scope of business to be carried by LLP