Showing posts with label limitedliabilityprtnership. Show all posts
Showing posts with label limitedliabilityprtnership. Show all posts

Tuesday, August 1, 2023

companyregistrationprivatelimitedLLP

 Company Registration for Pvt Ltd and LLP


Private Limited Company

  • Documents required:

    • Memorandum of Association (MOA)
    • Articles of Association (AOA)
    • DIN (Director Identification Number) for each director
    • DSC (Digital Signature Certificate) for each director
    • Proof of identity and address for each director and shareholder
    • Rent agreement for the registered office
    • Bank account opening form
  • Benefits:

    • Limited liability for shareholders
    • Separate legal entity
    • Easier to raise capital
    • More credibility with customers and suppliers
  • Compliance requirements:

    • Annual filing of returns with the Ministry of Corporate Affairs (MCA)
    • Payment of taxes and other statutory dues
    • Maintenance of proper books of accounts

Limited Liability Partnership (LLP)

  • Documents required:

    • LLP Agreement
    • DIN (Director Identification Number) for each partner
    • DSC (Digital Signature Certificate) for each partner
    • Proof of identity and address for each partner
    • Rent agreement for the registered office
    • Bank account opening form
  • Benefits:

    • Limited liability for partners
    • Separate legal entity
    • Easier to raise capital
    • More credibility with customers and suppliers
  • Compliance requirements:

    • Annual filing of returns with the MCA
    • Payment of taxes and other statutory dues
    • Maintenance of proper books of accounts

In addition to the above, both private limited companies and LLPs are required to comply with a number of other regulations, such as those governing employment, taxation, and environmental protection.