LLP Registration in Mizoram

Introduction

LLP registration in Mizoram is easier compared to any other state. To guide you through the process, Vakilsearch experts are always available. In Mizoram, the anticipated GSDP for 2022–23 is ₹ 39,458.50 crore, representing a growth rate of 16.76% over the current year's value of ₹ 33,793.15 crore. The industries of agriculture, horticulture, forestry, industry, mining, and tourism are the foundation of the Mizoram economy. These are the main business ideas one can think of while starting a business, be it an LLP or a company in Mizoram.

Documents for LLP Registration in Mizoram

Here is a list of all the documents required for LLP registration in Mizoram. Please note that if there are any issues with the documents submitted, the process will get delayed. However, the legal experts at Vakilsearch are there to assist you.

• PAN card of all the partners
• Photograph of all the partners
• ID Proof of all the partners (Driving License/Passport/Voter ID)
• Electricity Bill or any other utility bill for the address proof of the registered office

LLP Name Rules To Follow

Anywhere you are planning to start an LLP, these are the rules you must follow while naming:

• Usage of language that offends any group of people.
• The suggested names should not be similar to or the same as those of another LLP.
• It uses both Sahakari and the word cooperative.
• It denotes the involvement of the Central or State Government, which is permitted under certain conditions.
• 'British India' appears in the suggested name.
• The suggested name suggests affiliation or connection with any Embassy, Consulate, Municipality, Panchayat, Zila Parishad, or other organisation linked to the Union or Central Government.
• It contains the name of a trademark that is registered, and its lawful owner has not given permission to use it.
• For a period of five years, it is the same as the firm name that is dismissed.
• Without the regulatory authority's approval, it uses terms like a bank, insurance, banking, venture capital, mutual fund, etc.
• The names of any foreign nations are included. If the company can demonstrate any ties to or cooperation with the specific country, it may be listed.
• Without receiving proper clearance from the Council overseeing that profession or any other designated authority, the proposed name is indicative of a profession.

Minimum Alternate Tax (MAT) for LLP

Like a company, LLP is required to pay a modest alternate tax. 18.5% of the total adjusted revenue is the minimum alternative tax that is applied to LLPs. The income tax an LLP must pay cannot be less than 18.5 percent due to the income tax surcharge, education cess (a cess is just a tax), and other variables.

Process for LLP Registration in Mizoram

Here are the 5 stages we have to follow for registering an LLP in Mizoram:

• The initial stage in Mizoram is to collect digital signatures from each potential partner.
• The next step is to ask the MCA to reserve the name of the LLP.
• We collect and check the incorporation documents, which are then given to the partners for signature. Our professionals will give you the information you need to scan the documents and upload them to the Vakilsearch website.
• Before the signed copies of the paperwork are given to our company, the MCA must approve them.
• Our legal experts confirm and submit the LLP agreement, which must be signed by all of the partners, as the last stage in creating an LLP in Mizoram.

Why Vakilsearch?

Vakilsearch offers the best services from the best legal experts in India to assist you with LLP registration in Mizoram. Under the given time frame, we assure you to submit the LLP deed at your convenience. 100% online and hassle-free services, which makes legal services comprehensive for our 500k+ trusted customers! Also, every minute we set up 9 business setups! So, we are India’s largest legal service provider.