Easily Close a LLP

An inactive or dormant LLP can be wound up to avoid annual compliance formalities and penalty for non-compliance.
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Change in LLP/ winding Up

A LLP winding up can be initiated voluntarily or by a Tribunal. If a LLP is to initiate winding up voluntarily, then the LLP must pass a resolution to wind up the LLP with approval of at least three-fourths of the total number of Partners. If the LLP has lenders, secured or unsecured, then the approval of the lenders would also be required for winding up of the LLP.To begin the process for winding up of LLP, a resolution for winding up of LLP must be passed and filed with the Registrar within 30 days of passing of the resolution. On the date of passing of resolution of winding up of LLP, the voluntary winding up shall be deemed to commence. Indiakickstart can help you wind up your LLP quickly and easily.

Highlights of Registered Office Changes

☞ Avoid Compliance-
A LLP is a legal entity and a juristic person requiring regular maintenance of compliance throughout its lifecycle. LLP winding up can be used close a LLP that is not active and avoid compliance responsibilities.

☞ Avoid Fines-
A LLP that doesn’t file its compliance on time incurs fines and penalty, including debarment of the Partners from starting another LLP or Company.

☞ Easy to Close-
The formalities for winding up of a dormant LLP are relatively simple and easy to complete. Hence, its best to close an inactive LLP at the earliest.

Process for LLP Winding Up

Document Required

A Business Expert reviews the activities of the LLP and determines the documents required for commencing LLP winding up. The review process would be complete in 2 – 3 working days.

Document Submission

The necessary documents are prepared by an Expert for winding up of the LLP. Documents will be prepared by the Expert in 10 – 15 working days, based on the documents and information provided.

Winding Up Process

LLP winding up documents and application is submitted to begin the process. Throughout the process, the application is tracked and necessary filings are made to wind up affairs of the LLP.

Why India Kickstart?

About India Kickstart

Just tell us a little bit about your business and you’ll have the incorporation certificate in 20 working days. It’s that simple. In addition to yours, we’ll be handling around 400 requests this month.

Customer Score

We make your interaction with government as smooth as is possible by doing all the paperwork for you. We will also give you absolute clarity on the process to set realistic expectations.

Strong Team

Our team of experienced business advisors are a phone call away, should you have any queries about the process. But we’ll try to ensure that your doubts are cleared before they even arise.