What Process for Limited Liability Partnership Registration in Chennai?


What Process for Limited Liability Partnership Registration in Chennai?

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The Registrar of Firms in Chennai oversees the procedure for registering an LLP. The Ministry of Corporate Affairs prescribes the statutory procedures that have to be followed in this regard.

Among the important requirements for obtaining an Limited Liability Partnership certificate is having a minimum of two partners. The partners must also be Indian citizens and have a valid PAN card. The partners are required to submit a copy of the latest utility bills as well. Moreover, the address proof of the registered office should be submitted. A NOC from the owner of the property at which the registered office will be located should also be furnished.

Once the application for obtaining an LLP is submitted, the Registrar of Firms will check it to make sure that all the requirements have been fulfilled. If everything is in order, the Registrar will approve the application for LLP registration and issue a certificate of registration.

To register an LLP, you will need to submit several documents to the Registrar of Companies (RoC). An LLP offers a number of benefits to the entrepreneurs and investors in India. The main advantage is that the assets and liabilities of an LLP are distinct from those of its partners. It also allows the partners flexibility in managing their day-to-day operations as compared to a traditional partnership firm. Furthermore, if one of the partners dies or retires from the business, the death does not affect the continuation of the LLP as it is a separate legal entity.

 

 

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