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  What are the advantages of LLP Registration? An  LLP  is a type of business entity where all the partners have limited liabilities. The LLP is the most popular option for professionals for conducting their business and it is a good choice for those who are involved in the business of consultancy. It is a separate legal entity and the partners are liable for their respective contributions. It has flexible management roles It is easier to form an LLP. The formation  of an LLP  only require the partners to fill out a registration form and file it with the local secretary of the state The cost involved in registering an LLP is comparatively lesser than that of a  Private Limited Company . Transfer of ownership is easy. There is no maximum limit of partners when it comes to incorporating your business as an LLP. A minimum capital requirement is not needed to  register your firm  as an LLP The liability of members in respect in respect to the LLPs debt is limited. The personal assets remai

  Company Registration Services In India The Registrar of Companies (ROC)  is an office under the Indian Ministry of Corporate Affairs. It mainly deals with the administration of the Companies Act, 2013. The Registrar of Company takes care of the  company registration  process (also known as incorporation) in India. This includes the complete reporting and regulation of companies and their directors and shareholders and also oversees government reporting of various matters including the annual filing of various documents. Foreign company- A  foreign company   is any company that is incorporated outside of India and has a place of business that is operating in India, whether by itself or through agents, physically or through an electronic mode. Basic Requirements For Registering A Foreign Subsidiary Company In India  Minimum two directors and two Shareholders.  At Least one director has to be an Indian resident.  One person has to be nominated by the  Holding company  who represents the

  What are the differences between a Limited Liability Partnership and a Partnership Firm? Law Limited Liability Partnership is prevailed by ‘The  Limited Liability Partnership Act, 2008’  and various Rules made thereunder The partnership is prevailed by ‘The Indian Partnership Act, 1932’ and various Rules made thereunder Registration LLP  Registered under the LLP Act, 2008. The registration is done under the Ministry of Corporate Affairs. Partnership Registered under the Partnership Act, 1932. The registration is done with the Registrar of Firms. Liability LLP The liability of partners is limited in an  LLP  mainly because it’s a separate legal entity. The liability of the partners is limited to the amount invested by them in the company. Partnership Partners are personally liable for the unlimited amount of liabilities of the company in a partnership firm. Number of partners LLP A minimum of two partners is required. However, a minor cannot be a partner in an LLP Partnership A minim

  What is the procedure for the appointment of a director in a Private Limited Company? The functioning of a private limited company is mainly vested upon a  director . The director holds key responsibilities of maintaining and running the business. Obtaining the consent of the proposed director The consent of the proposed director is taken to act as the Director of a company. The company must obtain Form DIR 2 before proposing the director of the company  Obtaining  Digital Signature  of the Proposed Director A Digital Signature has to be obtained by the director from the Certifying Authority of India Obtaining Director Identification Number The company should apply for a  DIN  if in case the director does not have a DIN. The resolution is to be attached with FORM DIR 3 which is a new requirement for obtaining DIN. DIN is allotted to a director only once in his lifetime. The company should obtain all educational and KYC documents. It is to be noted that there is no minimum requirement

  What is Partnership? According to Sec 4 of the Partnership Act 1932, “Partnership is the relation between 2 or more persons who have agreed to share profits or losses of a business carried on by all or any them acting for all”. Persons who have entered into a partnership with one another are called individually ‘Partner’ and collectively a ‘firm’ A  Partnership Firm  is a business entity that is controlled by an association of people. The sole purpose of forming a partnership firm is to make profits. In a partnership firm, the partners share the liability of profit and loss of the company. Indian Partnership Act 1932 is the law that governs the partnership firm in India. A partnership deed is an agreement between the partners in a partnership firm which states the rights, duties, profits, shares and other obligations of each partner. Partnership deed can be written or communicated orally. However, a written partnership deed registration is always better to avoid conflicts. The follow

  Foreign Company Registration At Aavana, we provide end to end foreign  Company Registration Services.  Your satisfaction is our top priority and we believe in rendering only the best services available. We also provide help with online foreign company registrations and our professional staff will assist you with  Online Company Registration in India Get in touch  with us today for any further clarification regarding the  foreign company registration in India. Turn Key Solutions For Foreign Company Registration In India Foreign Company Registration Deliverables Today, financial services are offered by many companies, but the modernized approach by us is that we offer an amalgamation of  Financial Services  with easier and faster accessible technology. We strive hard in growing our client database by rendering on-time delivery of services, quality of services and round the clock services. Our highly experienced and dedicated staff will attend to all your queries with respect to documen

What are the documents required for LLP registration? The  LLP  is a legal entity registered with the Registrar of companies under the Limited Liability Partnership Act 2008. It is being regulated by the Ministry of Corporate Affairs, a form of  partnership  that is often found in firms where liability is a big issue. Such kinds of firms include medical practices, law offices, and  accounting  firms. Any Individual or even a company or an LLP can become a partner, However, only an individual can become a designated partner in an LLP. Here is the list of basic documents required for LLP registration KYC requirements of Partners (with self-attestation) Latest passport size photo. Copy of Pan card of Partners Copy of Aadhaar Card Copy of Voter Identity card/ driving licence/passport of the partners. In case of NRI or foreign national, passport copy has to be notarized at the Indian Embassy of the particular country. Notarized utility bill of the particular country where the NRI or foreign