HomeClose Your LLP - Legal Popcorn

IDEA FOR START-UPsClosing an LLP

To close down a limited liability partnership (LLP), the resolution to do so must be filed with the Registrar within 30 days of its passing. Once this has been done, the majority of the partners need to make a declaration to the effect that the LLP has no debts or that it is in a position to pay all debts within a specified period not exceeding one year from the date of commencement of winding up of LLP. Within 15 days of the passing of the resolutions, statement of assets and liabilities for the period from the last accounts closure to the date of winding up of LLP must be submitted, attested by at least two partners. A report of valuation of the assets of the LLP must be prepared.
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Highlights

Low set-up cost
There is absolutely no other payment. We will send you an invoice that is all-inclusive, with no hidden charges.
Compliances
The main advantage is that in an LLP, there are fewer formalities after the business has been incorporated.
Public Accountant
A public accountant would be appointed by the court as a liquidator. The powers of the directors would devolve upon this person.
Attract Top Talent
You may not be able to match their current salary, but an offer of shares in your company will be enough to attract the best talent.
Regular Updates
Having a company secretary on call throughout the year is essential in ensuring that your business is run in accordance with the laws in force.
Stay Disciplined
Many businesses let their compliance requirements pile up, even though taking care of them involves much less effort than is often imagined.
OUR PROCESS

From your Procedure

STEP 1

Upload the Required Documents & Information to our web portal

STEP 2

Choose Package and Pay online with different payments modes available

STEP 3

On placing an order, your application will be assigned to one of our dedicated professionals.

STEP 4

Our professional team will prepare computation for Close your LLP.

STEP 5

Within a month of the submission of the statement of accounts, the application must be submitted along with the documents mentioned above.

STEP 6

It takes at least two to three months to complete the closure of your llp company, but it could take much longer, depending on the findings of the liquidator appointed.
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BEFORE SCALABLE

Documents
Required

Minimum Required Documents
Aadhaar Card
Address Proof
Electricity/ Water bill, Rent agreement, NOC
PAN CARD
ADVISOR CONSULTATION

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