7th - Last date to pay TDS. Talk to an expert on +91 8939 121 121
11th - Last date to file GSTR-1. Talk to an expert on +91 8939 121 121
20th - Last date to file GSTR-3B & Professional Tax. Talk to an expert on +91 8939 121 121
7th - Last date to pay TDS. Talk to an expert on +91 8939 121 121
11th - Last date to file GSTR-1. Talk to an expert on +91 8939 121 121
20th - Last date to file GSTR-3B & Professional Tax. Talk to an expert on +91 8939 121 121
Search Bar with Typing Effect Placeholder
Edit Content
Edit Content

Investment Advisory

We’re With You Every Step of The Way

Investment Advisory

For the last 5 years, we have specialized with investment advisory while raising equity and debt financing.

Small list of transactions done

  • Anveya Living Private Limited – Rukam Capital, Angel Investors
  • Mformillet Private Limited – Oaks Asset Management
  • Oodadu Technology Private Limited – Rainmatter, WEH Ventures, Angel Investors
  • Meboki Technologies Private Limited – Good Capital, Angel Investors
  • Good Folks Fashion Private Limited– Angel Investors
  • Nuvedo Labs Private Limited – Angel Investors
  • Agresearch Labs Private Limited – Angel Investors
  • One More Light Ai Private Limited – Angel Investors
  • WA Clothing Private Limited – Angel Investors
  • Atsbia Innovations Private Limited – Angel Investors
  • Dhoddapayya’s Silks Private Limited – Angel Investors
  • Cur8 Ventures Private Limited– Angel Investors

Connect With Our Experts

Characteristics or Features of Investment Advisory​

We have worked on both sides – Investors and Startups

Legal Compliance: Assisting startups in understanding and fulfilling legal compliance requirements is essential. This can include company incorporation, drafting agreements, intellectual property protection, taxation, and more.

  • Investor Due Diligence: Helping startups prepare for investor due diligence is crucial. This involves ensuring that all legal documents, financial statements, intellectual property rights, and other relevant information are properly organized and accessible.
  • Regulatory Compliance: Different types of investments have varying regulatory requirements. We help startups comply with regulations set by bodies like the Ministry of Corporate Affairs and Income Tax department, when dealing with equity and CCD investments.
  • Negotiation and Agreements: Assisting startups in negotiating investment terms and drafting legal agreements, such as term sheets, investment agreements, and convertible note agreements, is an important part of the process.
  • Transparency and Communication: Keeping startups informed about the legal implications of different funding options and ensuring clear communication about the terms of investment is key.
  • Exit Strategies: Helping startups plan for exit strategies, such as buybacks, mergers, or acquisitions, is an important aspect of the investment journey.

Independent Separate Legal Entity

An LLP is a Separate Independent Legal Person established under the LLP Act 2008. As such, the business is separate from its partners.

Limited Liability

Limited liability partnership protects your personal assets with the “Limited Liability” feature. Maximum Liability of the partners is limited to the extent of their contribution.

No Minimum Capital Requirement

There is no minimum Capital contribution required to start a Limited liability Partnership.

No Share Capital

LLP does not have the concept of shares like a private limited company or one person company.

Uninterrupted Existence or Perpetual Succession 

An LLP has perpetual existence. Which means, they continue to do business even if the partners / directors changed or died (which is not the case of Sole Proprietorship or Partnership Firms).

Minimum Two Designated Partners

  • The minimum number of designated partners required to incorporate an LLP is two.
  • There is no upper limit on the maximum number of designated partners.
  • Among the partners, there should be two designated partners and at least one of them should be an Indian resident.

Lesser compliance requirements

Post incorporation compliance in an LLP is lesser when compared to a Private Limited Company, like board meetings, etc are not mandatory and Statutory Audit by a Chartered Accountant (CA) is not mandatory.

The annual filings of an LLP: Form 8 and Form 11

Form 8 (Statement of Account and Solvency):

It is a document specifying details of the Partners, their contributions, etc. The same needs to be filed within 60 days of the closure of the financial year. 

Customized Solutions: Each startup’s needs and situation may differ. Providing tailored legal solutions to suit their specific circumstances is where we come in.

Steps for Registering / Incorporating a Limited Liability Partnership

Step 1: Obtain Digital Signature Certificate or DSC

It is mandatory for all the Designated Partners (DP) to have a valid Digital Signature Certificate (DSC). The registration process is online and the forms need to be signed electronically using the digital signature.  The Digital Signature Certificates (DSC) must be obtained only from government recognized certifying agencies.

Step 2: Name Approval / RUN – LLP (Reserve Unique Name for Limited Liability Partnership)

In order to register or incorporate an LLP in India, the proposed name should be approved by the MCA Authorities. RUN-LLP (Reserve Unique Name-Limited Liability Partnership) is filed for the reservation of the name of proposed LLP. It shall be processed by the Central Registration Centre.

The proposed LLP Name should be unique and should NOT have been taken by any other business. Availability of the name can be searched on http://www.mca.gov.in/mcafoportal/showCheckCompanyName.do

Also, the proposed company name should NOT be already Trademarked by anyone else. You can check the Trademark availability here https://ipindiaonline.gov.in/tmrpublicsearch/frmmain.aspx

Step 3: Incorporation of LLP – FILLIP form

The form used for incorporation or registration of the LLP is FiLLiP (Form for Incorporation of Limited Liability Partnership). It shall be filed with the respective Registrar of Companies (RoC) in which the registered office of the LLP is situated. This form also provides for applying for allotment of DPIN (if the proposed designated partner does not have a DPIN or DIN).

Step 4: Filing of LLP Agreement via form-3

The Agreement (LLP Partnership Deed) covers the rights and obligations amongst the partners and also between the LLP and its Partners.

An LLP Agreement should at the minimum, cover the following matters:

  1. Name of the Business
  2. Registered Office of the firm
  3. Nature of Business to be carried on the LLP
  4. The Name and Details of the Partners, including those of the ‘Designated Partners’
  5. The Capital Contribution of each Partner
  6. Profit and Loss sharing ratio
  7. Conditions for Admission of a New Partner
  8. The manner in which a Partner may retire
  9. The rights and duties of Designated Partners

LLP agreement should be printed on a Stamp Paper. The value of the stamp paper depends on the place of registration and the contribution. LLP agreement should be filed within thirty (30) days from the date of incorporation via form 3 on the MCA portal (http://mca.gov.in).

List of Documents Required for the Registration of a Limited Liability Partnership

 

Documents relating to Designated Partners:

  1. PAN Card of the Designated Partners / General Partners

  2. ID Proof – Voter’s ID / Passport / Driving License / Aadhaar

  3. Address Proof – Latest Bank statement with transactions / Telephone bill / Mobile Bill not older than 60 days

  4. Passport Size Photograph

Documents relating to Registered Office:

  1. Address Proof of the Premises:

  1. Rental agreement or Lease agreement if the premise is rented / leased.

  2. Latest Property Tax payment receipt / Sale Deed if the premise is owned.

  1. Latest Electricity bill / Telephone bill / Gas bill

  2. NOC from the owner of the premise

Timeline – Time Taken to Register a Limited Liability Partnership in India

Normally, if everything is in order, it may take anywhere between 18 to 20 business days for registering an LLP. Below, breakup depicts the approximate timeline required for registering a Limited Liability Partnership in India:

Getting a DSC (Digital Signature Certificate)

2 Days

Name Approval

3 to 5 Days

Getting Certificate of Incorporation

5 to 7 Days

Filing of LLP agreement

5 to 7 Days

 

This timeline is further subject to Government processing, approval time, public holidays, etc.

Limited Liability Partnership / LLP Incorporation or Registration Fees and Cost

Process

Charges

Digital signature certificate (DSC)

Around Rs. 4,000 for 2 Designated Partners

Name Reservation (RUN-LLP)

Rs. 200

Incorporation of LLP (FiLLiP)

Depends on capital contribution:

For Contribution up to Rs. 1 Lakh – Rs. 500.

For Contribution between Rs. 1 Lakh to 5 Lakh – Rs. 2000

Filing of LLP Agreement

Depends on capital contribution:

For Contribution up to Rs 1 lakhs, – Rs 50 for filing Form 3.

Stamp duty is based on the state where LLP is registered. For e.g, if the place of registration is Bangalore, Karnataka –  then the stamp duty comes to Rs. 2,000

FAQs for Private Limited Company Registration in India

How many partners are required to form an LLP?

An LLP must have a minimum of two partners. There is no upper limit on the number of partners.

Is there any restriction on the type of partners in an LLP?

Partners in an LLP can be individuals, corporations, or other LLPs. There is no requirement for a designated ‘active’ partner, but at least one partner should be a resident of India.

What is the liability of partners in an LLP?
  • The liability of partners in an LLP is limited to their agreed contribution to the LLP. This means their personal assets are protected from business liabilities.

What is the process of incorporating an LLP?

Incorporation involves selecting a suitable name for the LLP, obtaining a Digital Signature Certificate (DSC) and Director Identification Number (DIN) for partners, preparing the LLP Agreement, and filing the required forms with the Registrar of Companies (ROC).

What is an LLP Agreement?
  • An LLP Agreement is a legal document that outlines the terms and conditions of the partnership among the partners. It covers areas such as profit sharing, roles and responsibilities, decision-making, etc.
  • Winding up a private limited company is a tedious and lengthy process.
  • Maintenance of Books of Accounts in the prescribed format is mandatory.
  • Statutory Audit by a qualified Chartered Accountant is mandatory.
  • A Private Limited Company cannot accept deposits from the general public.
Can an LLP be converted into a private or public company?

Yes, an LLP can be converted into a private or public company if desired. However, the process involves compliance with certain rules and regulations.

What are the advantages of an LLP?

Advantages include limited liability, separate legal entity status, flexibility in management and operations, ease of maintenance, and less stringent compliance requirements compared to companies.

What are the compliance requirements for an LLP?

LLPs must file annual returns with the Registrar of Companies, maintain proper accounting records, conduct annual meetings, and adhere to tax-related compliance.

Can a partner's liability be unlimited in an LLP?

No, the fundamental principle of an LLP is limited liability for partners. Their liability is limited to the extent of their capital contribution.

Can an LLP conduct any type of business activity?

While LLPs can engage in various business activities, there are certain prohibited activities, such as banking and financial services.

Is an LLP taxed differently from other business structures?

LLPs are taxed as partnerships, with partners being individually taxed on their share of profits. 

Investment Advisory

For the last 5 years, we have specialized with investment advisory while raising equity and debt financing.

Small list of transactions done

  • Anveya Living Private Limited – Rukam Capital, Angel Investors
  • Mformillet Private Limited – Oaks Asset Management
  • Oodadu Technology Private Limited – Rainmatter, WEH Ventures, Angel Investors
  • Meboki Technologies Private Limited – Good Capital, Angel Investors
  • Good Folks Fashion Private Limited– Angel Investors
  • Nuvedo Labs Private Limited – Angel Investors
  • Agresearch Labs Private Limited – Angel Investors
  • One More Light Ai Private Limited – Angel Investors
  • WA Clothing Private Limited – Angel Investors
  • Atsbia Innovations Private Limited – Angel Investors
  • Dhoddapayya’s Silks Private Limited – Angel Investors
  • Cur8 Ventures Private Limited– Angel Investors

Connect With Our Experts​

We have worked on both sides – Investors and Startups

Legal Compliance: Assisting startups in understanding and fulfilling legal compliance requirements is essential. This can include company incorporation, drafting agreements, intellectual property protection, taxation, and more.

  • Investor Due Diligence: Helping startups prepare for investor due diligence is crucial. This involves ensuring that all legal documents, financial statements, intellectual property rights, and other relevant information are properly organized and accessible.
  • Regulatory Compliance: Different types of investments have varying regulatory requirements. We help startups comply with regulations set by bodies like the Ministry of Corporate Affairs and Income Tax department, when dealing with equity and CCD investments.
  • Negotiation and Agreements: Assisting startups in negotiating investment terms and drafting legal agreements, such as term sheets, investment agreements, and convertible note agreements, is an important part of the process.
  • Transparency and Communication: Keeping startups informed about the legal implications of different funding options and ensuring clear communication about the terms of investment is key.
  • Exit Strategies: Helping startups plan for exit strategies, such as buybacks, mergers, or acquisitions, is an important aspect of the investment journey.

Customized Solutions: Each startup’s needs and situation may differ. Providing tailored legal solutions to suit their specific circumstances is where we come in.

Recommend Services

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

Private Limited Company

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

01

Limited Liability Partnership

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.​

02

Partnership Firm

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.​

03

Sole Proprietorship

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.​

04

One Person Company

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.​

05