LLP Registration in Gujarat

Introduction

In India, forming and running a Limited Liability Partnership is relatively simple. There is no maximum number of partners that can be in an LLP; two partners are the minimum needed for registration. The partners' obligations and rights are laid down in the LLP agreement. One partner in an LLP is not liable for the recklessness and wrongdoing of the other partner. Each LLP agreement's requirements must be followed strictly by the partners.

The estimated GSDP of Gujarat by 2022-23 is ₹22.03 lakh crore. Gujarat, one of the most industrialised states in India, is home to a number of businesses, the main ones being general and electrical engineering as well as the production of textiles, vegetable oils, chemicals, soda ash, and cement. The manufacturing of fertilisers and petrochemicals are examples of new industries.

Documents for LLP Registration in Gujarat

Document submission is one of the most important tasks in LLP registration in Karnataka. If there are any issues with the documents, the whole process will get delayed.

• 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

If not all of the documentation is provided correctly, the process can be delayed. However, the experts at Vakilsearch will help you with the required paperwork and double-check it.

LLP Registration: Government Fees

Here is the list of Government fees with regard to the contribution amount:

LLP companies in India whose maximum contribution is ₹1,00,000: ₹500.
LLP whose contribution is greater than ₹1,00,000 but not greater than ₹5,00,000: ₹2000.
LLP's contribution is over ₹5,00,000 but is only allowed up to ₹10,00,000: ₹4,000.
LLP whose contribution is over ₹10,00,000: ₹5000.

Uses of Incorporating as an LLP in Gujarat

The major advantages of setting up an LLP in Gujarat are:

• An LLP is simpler to establish and manage since it has fewer requirements. Hence, we say LLP registration is better than Pvt. ltd company registration.
• Registration is less expensive than starting a company.
• A corporate entity that exists independently of its partners is comparable to an LLP.
• There is no set minimum capital requirement for the formation of LLPs.
• It could be done under 30 days.

Process for LLP Registration in Gujarat

Here are the 5 steps we have to follow for LLP registration in Gujarat:

• The first stage in creating an LLP in Gujarat is to gather digital signatures from each prospective partner.
• The next step is to submit a request to the MCA to reserve the LLP's name.
• The incorporation documents are prepared by us, and they are delivered to the partners for signature. The documents must be scanned and uploaded to the Vakilsearch website, and our experts will provide you with the necessary information.
• The MCA must approve the signed copy of the documents before they are sent to our company.
• The final step in registering an LLP in Gujarat is that our legal professionals confirm and submit the LLP deed which has to be signed by all the partners
• We can make the necessary changes if any within no time at Vakilsearch!

Why Vakilsearch?

Vakilsearch offers the best services from the best legal experts in India to assist you with LLP registration in Gujarat. 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.