Closing LLP

What is Closing LLP

Wind up and dissolve your LLP. Complete closure process with creditor settlement and ROC filing.

What is Included:

• Form 24 Filing
• Creditor Settlement
• Asset Distribution
• Bank Account Closure
• GST Cancellation

What's Included:

• Form 24
• Creditor Settlement
• Asset Distribution
• Bank Closure
• GST Cancel

Process for Closing LLP

Company Registration in India will boost the progress of startups and provide an additional edge over those who have not registered. The Ministry of Corporate Affairs governs the company registration process with rules and regulations framed in accordance with the law.

Documents Required For Closing LLP

1. LLP agreement
2. Partners consent
3. Financial statements
4. Asset realization details
5. Debt settlement proof
6. Form 24
7. Bank closure proof
8. PAN surrender (if required)

Benefits Of Closing LLP

1. Legal closure
2. Avoid penalties
3. Partner liability end
4. Compliance completion
5. No future ROC filings
6. Clean exit
7. Debt clearance
8. Asset distribution

Checklist/Minimum requirement

1. Minimum 2 Shareholders
2. Minimum 2 Directors
3. The directors and shareholders can be the same person
4. One of the Directors must be Indian Resident
5. Minimum Authorized Share Capital 100,000 (INR One Lac)
6. DIN (Director Identification Number) for all Directors
7. DSC (Digital Signature Certificate) for 2 Promoters & 1 witness