Limited Liability Partnership Closure

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Description

About closure of Limited Liability Partnership

Closing of a Limited Liability Partnership is generally known as Skrike off or LLP closure. Limited Liability Partnership closure is defined under Limited Liability Partnership ACT, 2008. If you are not doing any business activity and not even doing Compliance as required under  the law, we suggest you to close your Limited Liability Partnership.

LLP Closure Process

Processing Digital Signature Certificate Submission of required documents completed in all aspects. Preparation and submission of application by the professional. 20 to 25 working Days subject to government processing time.

Advantages of closure of Limited Liability Partnership

Simple Closure Limited Liability Partnership Process

A Limited Liability Partnership can be closed easily by filing Form 24 along with the government fees and some necessary documents.

Saving in Compliance Cost

Once Application for Closure of Limited Liability Partnership is filed, No more further compliance are required to be done.

No Requirement for keeping records

No more requirements for maintaining the documents after filing the application for closure of Limited Liability Partnership.

No Director’s Default

After LLP formation there are certain mandatory compliance’s which are to be done yearly at the end of financial year. If company makes default in filing the annual documents to ROC, LLP as well as it’s Partner’s are consider liable for this non compliance. But if you proceed for closure of LLP then annual filing of Company is not necessary until & unless specified by ROC.

Frequently Asked Questions (FAQs)

How we help with LLP Closure?

You can close your LLP with Registrationseva help within 20 to 25 days, subject to ROC processing time.

What is Closure Limited Liability Partnership

Closure of Limited Liability Partnership is a good step If you are not doing any business activity and not even doing Compliances as required under the law.

A Limited Liability Partnership can be closed easily by filing Form 24 along with the government fees and some necessary documents.

Procedure to Close Limited Liability Partnership in India?

A Limited Liability Partnership can be closed easily by filing Form 24 along with the government fees and some necessary documents.

Reason to close a Limited Liability Partnership?

Closure of Limited Liability Partnership is a good step to avoid being in default If you are not doing any business activity and not even doing Compliances as required under  the law .

Documents Required for Closure?

Documents Requirement

  1. Digital Signature are Required
  2. Indemnity Bond notarised by Directors Form- 4.
  3. Statement of Accounts latest.
  4. Statement of Accounts containing assets & liabilities of the Company Audited by CA.
  5. Affidavit & Declaration.
  6. Special Resolution or Consent of atleast 75% Members.
  7. Bank Account Closure Certificates
  8. PAN Card of the Limited Liability Partnership.