1. LLP Incorporation Services

• Description: End-to-end assistance with the incorporation of an LLP, including applying for the LLP name reservation, obtaining Digital Signature Certificates (DSCs) for partners, and filing incorporation forms with the Ministry of Corporate Affairs (MCA).
• Benefits: Provides a smooth incorporation experience with compliance from the start, ensuring a legally recognized business structure that offers limited liability and operational flexibility.

Key Services: – Name reservation through RUN-LLP form with MCA – Preparation of the LLP agreement and incorporation documents – Filing of Form FiLLiP (Form for Incorporating Limited Liability Partnership) with MCA – Obtaining Certificate of Incorporation and LLP Identification Number (LLPIN)

2. Preparation and Filing of LLP Agreement

• Description: Drafting and preparing the LLP Agreement, which defines the roles, responsibilities, profit-sharing ratios, and operational guidelines for partners. This agreement must be filed with the MCA within 30 days of incorporation.
• Benefits: Establishes clear rules for management, ownership, and dispute resolution, providing partners with legal protections and transparency in business operations.

Key Services: – Drafting a customized LLP agreement tailored to the needs of the business and partners – Filing Form 3 with MCA to register the LLP Agreement – Ensuring compliance with the LLP Act, 2008, and updating the agreement if required

3. LLP Compliance and Annual Filing Services

• Description: Assistance with annual compliance requirements for LLPs, including the filing of Form 8 (Statement of Account & Solvency) and Form 11 (Annual Return) with the MCA. These filings are mandatory and must be completed every financial year.
• Benefits: Keeps the LLP compliant with regulatory requirements, avoids penalties, and maintains a good standing with the MCA.

Key Services: – Filing Form 8 to declare the LLP’s financial status and solvency – Filing Form 11 to update the MCA on the LLP’s management and ownership structure – Preparing necessary documentation, statements, and financial summaries

4. Change in Partners or Designated Partners

• Description: Support with adding, removing, or changing partners and designated partners in an LLP, including filing the necessary forms with MCA and updating the LLP Agreement, if required.
• Benefits: Provides flexibility in adjusting the management structure while maintaining legal compliance, ensuring that all changes are accurately reflected in official records.

Key Services: – Preparation of resolutions and consent letters for partner changes – Filing Form 4 with MCA for any addition, removal, or change in designation of partners – Assistance with updating the LLP Agreement to reflect new changes

5. Change in LLP Agreement and Amendments

• Description: Assistance in amending the LLP Agreement to reflect any changes in business operations, profit-sharing ratios, or other conditions. Any amendment to the LLP Agreement must be reported to the MCA through the appropriate filings.
• Benefits: Ensures that the LLP Agreement remains accurate and aligned with current business requirements, maintaining legal validity and avoiding potential disputes.

Key Services: – Drafting amendments to the LLP Agreement based on partner decisions – Filing Form 3 with MCA to register the amended LLP Agreement – Ensuring that all changes are recorded and compliant with regulatory standards

6. LLP Conversion Services

• Description: Support with converting an existing partnership firm or private limited company into an LLP, which includes filing conversion applications and ensuring compliance with conversion requirements set by MCA.
• Benefits: Allows businesses to benefit from the LLP structure, including limited liability and operational flexibility, while retaining existing relationships and reputation.

Key Services: – Advisory on eligibility and requirements for LLP conversion – Preparation and filing of necessary forms (e.g., Form 17 for partnership to LLP conversion, Form 18 for company to LLP conversion) – Assisting with compliance during and post-conversion to ensure a smooth transition

7. Dissolution and Closure of LLP

• Description: Assistance with the dissolution and closure of an LLP when it is no longer operational. This process involves filing an application for strike-off with the MCA, along with the necessary documentation, to officially wind up the LLP.
• Benefits: Provides an orderly and compliant exit, clearing the LLP’s name from MCA records and protecting partners from future liabilities.

Key Services: – Preparing and filing Form 24 for strike-off of the LLP – Documentation of board resolutions and partner consent for closure – Settlement of any pending liabilities and preparation of final statements

8. LLP Compliance Advisory and Ongoing Support

• Description: Ongoing advisory services to ensure that LLPs stay compliant with annual and event-based filing requirements, along with guidance on regulatory updates and best practices.
• Benefits: Keeps the LLP informed and up-to-date with compliance obligations, reducing the risk of penalties and legal issues.

Key Services: – Regular reminders and updates on due dates for annual filings – Advisory on changes in LLP regulations and compliance requirements – Guidance on event-based compliances, such as changes in registered office, capital, or business activity

9. GST and Income Tax Compliance for LLPs

• Description: Comprehensive support with GST and income tax registrations, filings, and compliance, ensuring that LLPs meet all tax obligations and maximize eligible deductions and credits.
• Benefits: Maintains the LLP’s tax compliance, avoids penalties, and provides access to tax-efficient strategies for business growth.

Key Services: – GST registration and filing of monthly/quarterly returns for LLPs – Income tax filing for LLPs, including tax computation and payment assistance – Advisory on tax-saving opportunities and compliance with tax authorities

10. Registered Office Change and Other Event-Based Filings

• Description: Assistance with event-based filings such as changing the registered office address, business activity changes, or capital changes in the LLP. These events require specific filings with MCA to ensure compliance.
• Benefits: Ensures that all changes are accurately recorded with MCA, maintaining the LLP’s compliance and providing transparency to stakeholders.

Key Services: – Filing Form 15 for registered office address change – Advisory and filing support for capital contribution changes and amendments to the LLP Agreement – Updating MCA records to reflect changes in business operations