LLP Registration in Coimbatore

LLP Registration in Coimbatore

Thinking of starting your business in Coimbatore? Coimbatore is one of the fastest-growing industrial cities in the state of Tamil Nadu. It is home to textile manufacturers, engineering units, educational institutions, IT companies, and startups. Recently, it has become a preferred destination for entrepreneurs, professionals, and family-run businesses. For many of them, an LLP registration is the perfect choice in Coimbatore. It provides the flexibility of a partnership while protecting partners’ personal assets from the risks and debts of the business.

What is an LLP?

A Limited Liability Partnership (LLP) is a modern form of business setup that blends the features of a traditional partnership with those of a private limited company. It allows partners to run the business with flexibility, as decided in their LLP agreement.

Who Should Choose LLP Registration in Coimbatore?

1. Professionals and Consultants: Chartered Accountants, Company Secretaries, architects, lawyers, designers, and independent consultants who need a formal setup but wish to avoid the heavy compliance of private companies.
2. Local Traders and Family-Owned Businesses: Shops and enterprises in Gandhipuram, RS Puram, Town Hall, and other commercial hubs, who want the benefits of registration.
3. Startups and IT Ventures: Young entrepreneurs building their companies in TIDEL Park, Peelamedu, and Saravanampatti IT corridor.
4. Manufacturers and SMEs: Textile units, auto-component makers, and engineering workshops across Coimbatore’s industrial area.

LLP Regulation in Coimbatore

LLPs in Coimbatore are governed by the LLP Act, 2008, the Ministry of Corporate Affairs (MCA), and the Registrar of Companies (RoC) in Coimbatore, which takes care of registering your LLP. The Income Tax Department for PAN and TAN registration, and the Goods and Services Tax (GST) Department for GST registration.

Eligibility Criteria for LLP Registration in Coimbatore

1. At least two partners are required to form an LLP. There is no maximum limit on the number of partners.
2. One of the partners must be a resident of India.
3. One of the Designated Partners must be an Indian resident
4. At least one of the designated partners must have a DSC.
5. After the incorporation, at least one of the Directors has to obtain a DIN (Director Identification Number) from the MCA.
6. The proposed LLP name must be new, unique, and not similar to the name of any existing company or LLP registered under MCA.
7. The LLP must have a registered office address in Coimbatore.

Benefits of LLP Registration in Coimbatore

1. Partners in the LLP are only responsible for the monetary contribution to the firm. Their personal savings, property, or belongings are safe if the business faces losses.
2. Partners can manage the business as they like, as defined in the LLP agreement.
3. Family businesses, shops, and trading units can have a formal structure without losing control.
4. LLPs have fewer compliance requirements as compared to the private limited companies in India.
5. Registered LLPs are more reliable to clients, banks, and investors.
6. LLPs are taxed at lower rates than companies and are not liable for dividend distribution tax.

Documents Required for LLP Registration in Coimbatore

1. For Partners and the Designated Partners

• PAN Card
• Aadhaar Card or any government-issued ID proof
• Address proof, including Utility bills (6 months), bank statement, or rental agreement of all partners and the Designated Partners
• Recent passport-sized photographs
• A Digital Signature Certificate is required for at least one designated partner

2. For LLP Registration

• Proposed LLP name approval from the MCA.
• LLP Agreement specifying the roles and responsibilities of partners and the Designated partners.
• Address proof of the registered office address of the LLP. You can attach the rent agreement/ property ownership document/ lease agreement, or even utility bills.
• A no-objection certificate from the property owner if the office is rented.

Online Process of LLP Registration in Coimbatore

1. Obtain DSC: At least one of the designated partners must acquire a DSC.
2. Reserve the name: Use the MCA portal to apply for name approval for your LLP. Once the name is approved, it is reserved for three months from the date of approval.
3. File the LLP Form: Fill and prepare the Form “FiLLiP” for LLP incorporation and file it online on the MCA portal.
4. Verification by the RoC: The RoC will review your application and documents. If everything is in order, your LLP will receive a Certificate of Incorporation.
5. LLP Incorporated: Within 30 days of incorporation, draft the LLP agreement and file it with the RoC in the Form 3.
6. Apply for PAN and TAN: After incorporation, apply for PAN and TAN for your LLP.

Annual Compliances for LLP in Compbatore

Why Choose Kanakkupillai for LLP Registration in Coimbatore?

Registering an LLP in Coimbatore can be confusing without expert help, especially when dealing with MCA filings, RoC checks, and legal paperwork. Kanakkupillai makes the process simple by providing:

• Expert Guidance - Kanakkupillai has a team of professionals specializing in corporate registrations and compliances. We are here to help you with everything from name approval to incorporation.
• End-to-End Support - The process, including filing FiLLiP, drafting LLP agreements, and getting the Certificate of Incorporation.
• Transparent Pricing - Affordable packages without hidden costs.
• Dedicated Relationship Manager - Clients receive personalized assistance at each stage of registration for better communication and guidance.
• Tax and Legal Advisory - Post-registration, our team also provides support in GST registration, PAN/TAN application, and annual filings, ensuring full compliance under law.