Limited Liability Partnership (LLP)

Formation and Registration

Establish your LLP with complete compliance and legal guidance:

  • LLP Incorporation (RoC Registration): We handle your registration with the Registrar of Companies (RoC) to ensure your LLP has legal standing.
  • LLP Agreement Drafting and Filing: Drafting a clear LLP Agreement detailing roles, responsibilities, and profit-sharing ratios, followed by filing with the RoC.
  • Digital Signature Certificates (DSC): Mandatory electronic signatures for partners to sign official documents.
  • Designated Partner Identification Number (DPIN): Required for all designated partners to register and operate legally.

Post-Incorporation Compliance

Get started with essential post-incorporation processes:

  • Opening a Bank Account: Assistance with setting up a dedicated bank account for business transactions.
  • Application for PAN and TAN: Essential for tax compliance and TDS deduction.
  • Udyam Registration: MSME registration to help smaller LLPs access government benefits.
  • Shop and Establishment Act Registration: Required if the LLP has a physical location, like an office or store.

Annual Compliance and Filing

Stay compliant with annual filings and regulatory requirements:

  • Annual Return Filing (Form 11): Filing with the RoC, detailing partner contributions and ownership.
  • Statement of Account and Solvency (Form 8): A yearly financial report on the LLP’s solvency and financial health.
  • Income Tax Return Filing: Filing annual returns with the Income Tax Department to stay tax-compliant.
  • GST Return Filing: Monthly or quarterly GST returns along with an annual filing if applicable.
  • ROC Compliance for Changes: Filing with the RoC for any changes in partnership, capital, or registered address.

 

Financial and Accounting Services

Manage your LLP’s finances with our reliable accounting support:

  • Bookkeeping and Accounting: Regular maintenance of accurate financial records.
  • Preparation of Financial Statements: Including profit and loss statements, balance sheets, and cash flow statements.
  • Audit and Compliance: Annual audit services, especially for LLPs with a turnover exceeding prescribed limits.
  • Reconciliation of Accounts: Regular reconciliation with banks and other financial records.
  • Payroll Management: Efficient payroll processing, including employee salaries, PF, ESI, and TDS.

Tax Compliance and Filing

Ensure full tax compliance with our expert services:

  • TDS Compliance and Filing: Accurate deduction, payment, and filing of TDS returns.
  • Advance Tax Calculation and Payment: Timely calculation and payment of advance tax.
  • Professional Tax Registration and Compliance: State-wise deduction and filing for applicable states.
  • Tax Planning and Advisory Services: Strategize and optimize tax planning for cost-effectiveness.

Licenses and Permits

Operate legally by securing necessary licenses and permits:

  • GST Registration: Required if the LLP’s turnover surpasses specified thresholds or involves inter-state transactions.
  • Trade License: Obtain a municipal license to ensure legal operation.
  • Import Export Code (IEC): Essential for LLPs involved in international trade.
  • Industry-Specific Licenses: Acquire necessary clearances like FSSAI or Pollution Control licenses for food handling or manufacturing.

Intellectual Property Registration

Protect your LLP’s valuable assets and intellectual property:

  • Trademark Registration: Safeguard your LLP’s brand, logo, or trademark.
  • Copyright Registration: Protect original works, such as written content, software, or media.
  • Patent Filing: For any proprietary innovations or unique processes.
  • Design Registration: Protects the design elements of your products from imitation.

Employee and Social Welfare Compliance

Meet all employee-related compliance requirements:

  • Provident Fund (PF) Registration and Compliance: Required for LLPs with a specified number of employees.
  • Employee State Insurance (ESI) Registration and Compliance: Mandatory for LLPs exceeding a certain employee threshold.
  • Labour Law Compliance: Assistance with adherence to labor laws regarding employee rights and benefits.
  • Professional Tax Compliance: Deduct and file professional tax for employees as per state laws.

Funding and Financial Assistance

Access capital and financial assistance with our support:

  • Business Loan Assistance: Guidance on securing business loans from banks and financial institutions.
  • Government Subsidy and Grant Applications: Help with availing government grants and subsidies for eligible LLPs.
  • Capital Raising and Investment: Assistance with attracting investors or venture capital.

Drafting and Reviewing Agreements

Comprehensive support in drafting key business agreements:

  • LLP Agreements and Amendments: Draft and file partnership agreements and amendments as required.
  • Sale Deed Agreement: For purchasing or transferring business assets.
  • Rent and Lease Agreements: For setting up business premises.
  • Affidavit, Indemnity, and Wills: Assistance with legal documents for personal planning and responsibilities.
  • Vendor Agreements: Draft agreements for third-party services or goods.
  • Employee Agreements: Employment contracts that outline terms, conditions, and roles.
  • Joint Ventures and Strategic Alliances: Partnership or collaboration agreements with other firms.
  • Confidentiality and Non-Disclosure Agreements (NDA): Secure your business information with NDAs.
  • Consultancy and Service Agreements: Agreements with consultants like advocates, CAs, or CS professionals.

Operational Compliance and Management

Streamline operations with essential support:

  • Utility Connection Services: Assistance in setting up essential utilities, such as electricity and water.
  • Insurance Services: Guidance on property, liability, and business insurance for risk protection.
  • Data Protection and IT Compliance: Compliance with data protection norms, especially for LLPs handling sensitive information.
  • Crisis and Disaster Management: Develop a continuity plan for emergencies and business disruptions.

Advisory and Consulting Services

Benefit from our expert advisory services:

  • Legal and Regulatory Advisory: Get compliance guidance to operate within legal boundaries.
  • Tax Advisory Services: Tax strategy optimization to reduce liabilities and improve savings.
  • Business Growth Consulting: Assistance with strategic planning and growth initiatives.
  • Exit Strategies: Support with dissolution, mergers, or conversion of the LLP as per legal requirements.

Zelta Consultancy’s end-to-end services cover every aspect of running a Limited Liability Partnership in India. We help LLPs stay compliant, manage finances, and plan for sustainable growth. Contact us today to learn how we can support your LLP journey!

Empowering Business, Ensuring Compliance

Work Hours

Mon – Sat
9.00 am -6.00pm

Sun : Closed

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