LLP Registration in Calicut

What does LLP mean?

Limited liability partnership gives a business a combined feature of both the [partnership and limited companies business structure. LLP is the most popular business structure incorporated in India, and more especially in Kerala. It has multiple benefits while compared to the other types. It was initially introduced in the year 2009 with the enactment of the Limited Liability Partnership Act, 2008. Kerala is most popularly known for its spice trading and it is advisable for these kinds of organizations to have LLP registration. We Corproots have more than a decade of experience in helping businesses like you in Kerala to get all types of certification for legal registration. LLP registration in Kerala is usually processed at the Central Registration Centre.

Documents required for LLP registration in Kozhikode:

In order to register LLP for your company in Kerala, few of the following documents are required, these documents can be submitted online

For ID & Address

• PAN card
• Aadhaar card or driving license additional one, these 2 may be used for ID purposes. Whereas for the address purpose you can use a voter identity card or passport or telephone or electricity bill or bank statement or bank passbook with latest entries.

Some of the documents need to be signed by the partners are:

1. LLP Incorporation Subscription Sheet witnessed by a Professional such as Company Secretary / Chartered Accountant / Advocate
2. Consent to Act as Partner / Designated Partner: Form Form-9
3. Details/Information for DIN
4. Application for Digital Signature Certificate (DSC)
5. Declaration of DIN (If DIN is allotted already)

Registered Office – Address

1. If rented, noc letter from the owner
2. Address Proof – Electricity bill / Gas Bill / Telephone Bill

Few other Documents

1. Should get an NOC for the Use of Name from the Trademark owner
2. Resolution and NOC from an existing LLP / LLP for user of similar names Declaration for complying sectoral regulatory compliance

Why does a company need LLP registration?

• Gives your business credibility and acceptance
• The better way to attract customers and vendors
• Fundraising would be easy from the investors
• Employees will be attracted easily
• The Best business model for structuring investments with differential profit ratios.
• Ease of attracting Employees
• The talented workforce prefers to work with organized business setups.
• Risks for Business Liability
• Protection of Personal Assets to owners

Some of the basic requirements for LLP:

1. Partners – there should be at least a minimum of 2 partners

2. Designated Partners – as mentioned above there should be 2 designated partners minimum and in that at least one should be a resident of India. Then only they can be designated to be partners in LLP.

3. Digital Signature Certificate – DSC is must since all the process and fillings are made through the MCA online application system

4. LLP Name: Selecting an LLP name is a logical process where an entrepreneur needs to figure out what he should name before applying for the LLP registration in Calicut.

5. The name structure of an LLP is Name (Noun/Coined Word) + Activity Word +  LLP. Share Capital – It is obviously the amount which the business partners invest in their business, there is no minimum capital fee for this kind of business. But the fees payable to register the company depends on the different slabs of Capital Contribution of the LLP.

6. Registered Office Address of LLP – Where the business operates from will be the official office address for each business, these addresses were used for all the official communication.

All these basic steps require a lot of effort and guidance to get you LLP certification. So choose a concern like us to help with all the steps and assist you in each step very carefully to get your registration done.