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  In LLP Company Registration in Bangalore before we concentrate on the elements and the process that are involved in the LLP registration, as per the guidelines of the LLP Act, 2008, make sure you have at least two persons, either body corporate or individuals, as Partners. There are no higher restrictions to the number of partners here.   These are the following points that are essential for LLP Registration, according to the LLP Act:   Office: Your registered office must be situated in India, for interactions. Designated Partners: At least two persons must be appointed as Designated partners. They will be liable for functioning the business, once LLP registration is fulfilled. They would be the approved signatories to all work-all related documents. Also, at least one of the appointed Designated Partners must be a citizen in India. Get a Director Identification Number (DIN): All the appointed designated partners must grasp a Director Identification Numbe...

  LLP Company Registration in Bangalore is nothing but another corporate form that gives the benefits of "Limited Liability" to the organized partners at an affordable cost of compliance.   It is a legal entity firm. But, the responsibility of all the organized Partners is limited to the section as gave by the Partnership as well as of Company.   Features of LLP   Body Corporate   According to Section 3 of the Limited Liability Partnership Act ("LLP Act") in 2008, as revised, LLP is a maturity corporate formed under the LLP Act having many qualities attribution of separate legal entity from its partners.   Perpetual Succession   Perpetual Succession is one of the major benefits of forming an LLP, a member may come and do the operations but LLP will carry on forever.   Separate Legal Entity   LLP is a separate legal entity state means that the LLP is lonely liable for the acts that have been done. The liability...

  Separate Legal Entity: In LLP Company Registration in Bangalore the Limited Liability Partnership is legally acknowledged as a separate legal entity. Therefore, an LLP can have its licenses, approvals, contracts, assets, PAN, bank accounts, and liabilities in a unique way.   Limited Liability: Partners of a Limited Liability Partnership have liability responsible limited to the length of their allowance in the LLP and individual assets of partners cannot be made use for the payment of the liabilities of the LLP undergoing any conditions.   Lesser Compliance: Tax compliances are alike for both LLP and a private limited Company. Nevertheless, when it comes to acquiescence relating to the Ministry of Corporate Affairs, LLP appreciates significant advantages. An LLP does not need to have to get its accounts audited if the yearly turnover of the LLP is less than Rs. 40 lakhs and the capital benefaction are less than Rs. 25 lakhs. A private limited company on t...

  In LLP Company Registration in Bangalore all the Limited Liability Partnerships who are registered with the Ministry of Corporate Affairs will have to complete the file of Annual Returns and Statement for the Accounts for each and every Financial Year. It is compulsory for an LLP to file a return no matter what whether it has done on any business. There are three mandatory compliance requirements to has to be obeyed by LLPs.   Filing of Annual Return Filing of Financial Statements or Statement of the Accounts Filing of Income Tax Returns   Filing LLP Annual Return   Annual Return or Form 11 is on the spot of each LLP’s Partners. It is also evidence of whether there are any major changes in the management. Every LLP is essential to file Annual Return in Form 11 to the Registrar within the time period of 60 days from the conclusion of a financial year. That means the Annual Return has to be completely filed on or before 30th May of ...