LLP Registration

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Limited Liability Partnership(LLP)

As a name suggest,Limited Liability Partnership(LLP) is a legal form of business Company offering limited liability to its partners.It was introduced in INDIA by Limited liability Partnership Act,2008. A Limited Liability Partnership (LLP) is a hybrid business entity of both a Corporation and a Sole Proprietorship.The biggest advantages of LLP is often more flexible than a corporation. LLP is better than Sol Proprietorship,and it is simplest business firms to doing business in India. Legalstartup is the fastest growing company registration services in India,providing the Pvt.Ltd ,LLP,Public Ltd company,one person company registration. Our company provided greater capital contribution,stability and liability.

FEATURES OF LLP

There are many features of LLP. An LLP is a body corporate with separate legal entity from its partners which means it can sue or be sued in its own name. An LLP will be governed by LLP agreement so partner’s duties will be decided under Partnership Agreement and mutual rights also governed by the LLP. An LLP cannot be started with sole owner, every LLP should have at least two partners in it. It is also liable to the extent of its assets which means partner’s liability will be limited and a partner will liable extent of agreed contribution in the agreement and a partner is not liable for other partner’s negligence. As per the rules and regulation of MCA only designated partner are responsible for compliance. If you are running a company and want to convert into an LLP then you can do this. So as you can see that LLP has many features and you can finding up an LLP whenever you want or in its time.

ADVANTAGES OF LLP REGISTRATION

• LLPs are treated as separate legal entities so the partners and LLP are distinct from each other in the eyes of the law.

• There is no requirement of minimum capital to start a limited liability partnership.

• Only two members are required to form Limited Liability Company while there is no limit on maximum number of partners in LLP.

• Auditing of LLP in India is required only if contribution exceeds 25 lakhs or annual turnover exceeds 40 lakhs.

• It is easier and flexible to manage organisational structure of LLP as compared to other company structures.

• Dividend distribution tax and Minimum alternative tax is not applicable on LLPs and thus it is an added advantage.

• an llp in India can own a property as it has separate legal recognition in the eyes of law.

A trademark owner has the exclusive rights to assign or license the mark to someone else in return of some monetary compensation. Thus, one can make a profit from a registered trademark as well.

DISADVANTAGES OF LLP REGISTRATION

• LLPs are treated as separate legal entities so the partners and LLP are distinct from each other in the eyes of the law.

• LLPs are not looked as an investment opportunity by angel investors.

• Trust of people is more on companies and partnerships as compared to LLPs.

• LLP in India was introduced in 2009 thus they have less recognition.

Required Documents

Applicant office


Applicant’s / Company Name


Business Type


Business details


Brand/logo/slogan name


Office / Business address

Basic

5499
  • Free Trademark search report
  • Apply for trademark registration in one class and track status
  • Update Status

Standard

6999
  • Apply for trademark registration in one class and track status
  • MSME Registration
  • GST Registration
Popular

Premium

8999
  • MSME Registration
  • GST Registration
  • Apply for trademark registration in one class and track status
  • Free trademark objection Reply file

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FAQ

The person who has registered his trademark can use various benefits, such as registered owners can create, establish and protect their trademark, this person has full rights

Anyone who is claiming to become a proprietor and needs to use the trademark for his/her firm can apply for Trademark registration Online. Legalstartup will help you to get the Trademark registration done in few simple steps.

Trademarks should be easy to speak, spelling as well as easy for everyone to remember. Trademarks should not include geographic names, common or personal aliases. Avoid using big words or words which describe the quality of the product.id.registration

LegalStartup will help you register your trademark with an easy process. Here you do not have to meet an agent, just relax at home and complete the registration process.

No, a foreign trademark cannot be used in India, as a registered Trademark has specific locations where it can be used.

It is not illegal to run the business without registration of Trademark, but it is necessary to protect the Trademark.

It will take 6 months or more for completing the renewal of Trademark.

Visit Legalstartup website and apply for Trademark registration, you will find the easiest and efficient service from us

Yes, few changes are allowed subject to the terms and conditions under Trademark registration.

Yes, it is possible to remove the trademark form the register.

No, Trademark registration is not mandatory in India, but it is advisable that the trademark should be registered to avoid duplication.

The trademark in India is designated as ® (for registered trademark), ™ (Unregistered trademark)

The service mark is similar to the trademark, just the difference is that it defines the service by it.

Yes, foreign owners can apply for trademark registration in India.

Yes, this is possible under Indian Trademark Law where a multi-class application can be filed.

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