Get low-cost LLP Registration in Trivandrum! LLP, a separate legal entity, offers perpetual succession and limited liability to partners. The LLP Act, 2008 governs LLP Registration in Trivandrum, providing a cost-effective business setup option. Changes in partners don't affect the LLP's rights or liabilities. This business form blends partnership flexibility with company limited liability.

An LLP registered in Trivandrum can engage in contracts and own property in its name. The registration process is entirely online, eliminating the need for physical presence. Shoplegal representatives handle document submissions and signatures at clients' offices. As seasoned business consultants in Kerala, Shoplegal has assisted numerous satisfied clients with swift and affordable LLP Registration in Trivandrum, ensuring a seamless process.

The Ministry of Corporate Affairs oversees LLP enrolment digitally, accepting electronic applications and documents. Once approved, the Registrar issues a digitally-signed Certificate of Incorporation (COI).

Limited Liability In Protecting Personal Assets Of Partners.

Newly established companies often require funds and credit for operations. In a traditional Partnership, partners bear personal liability, risking their savings and property if the firm fails to repay debts. However, in a Limited Liability Partnership (LLP), only the invested capital is at risk. Directors' and shareholders' personal savings and assets remain secure from the firm's liabilities.

LLP Name

A Limited Liability Partnership's name must include 'LLP' or 'Limited Liability Partnership'. The proposed name follows the guidelines set in the Limited Liability Partnership Act, 2008, ensuring compliance with LLP Name Availability Guidelines.

There are TWO different ways for reserving name for a LLP.

• RUN (Reserve Unique Name) is an easy online tool to reserve an LLP name. The name approved through RUN is valid for 90 days. Each RUN application allows submission of two names. If rejected, two more names can be submitted. If all names face rejection, a fresh application with new filing fees is required.
• FiLLiP (Form for Incorporation of Limited Liability Partnership) streamlines LLP incorporation, integrating name reservation, DIN allotment for Designate Partners, and LLP formation. With FiLLiP, only one name can be submitted for approval.

Documents Required for LLP registration in Trivandrum