Online LLP Registration in Chennai
Smartcorp stands as a top-notch LLP registration in Chennai, Tamil Nadu, renowned across South India. Our services extend to West Mambalam, Anna Nagar, Triplicane, Tambaram, Sri Perumpudur, Red Hills, and Pudupettai. We aim to exceed client expectations, elevating business reputation through unique and cost-effective services. Committed to compliance, Smartcorp strictly adheres to Indian Government regulations.
LLP, or Limited Liability Partnership, combines pass-through taxation akin to partnerships or sole proprietorships with the liability protection of corporations. This hybrid entity bears characteristics of both corporate and partnership/sole proprietorship structures. LLP formation is simpler than a partnership and establishes a separate legal entity. Audit isn't mandatory under the LLP Act 2008. A minimum of two individuals can initiate an LLP and get LLP registration in Chennai, with no limit on partners. LLPs offer enduring continuity, even in the absence of partners, with one partner mandated as an Indian resident. The filing process takes 15 days without the need for board or shareholder meetings.
Documents required for LLP Registration in Chennai
- PAN Card of all partners
- Address proof of each partner (Aadhar card/ Voter ID/ Driving License)
- Photography of each partners (Passport size photo)
- Business address proof (Latest electricity bill/ Phone Bill or any other utility Bill)
- Rental Agreement of the registered office
- Digital signature Certificate
- Passport (if the partner is a foreign resident)
Benefits of LLP Registration in Chennai
Advantages of LLP registration online are listed below:
- No mandatory minimum contribution
- Limited business liability
- Low registration costs
- Simple conversion process
- Quick online registration
- No audit prerequisites
- Long-term business potential
- Easy filing procedures
- Superior benefits compared to other business entities
- Prompt decision-making
- Equal profit sharing without specific agreements