LLP Formation Not even a decade in, the Limited Liability Partnership (LLP) has already become a strong competitor to the private limited company. This is because it is the perfect vehicle to run a small business, the kind that dominates India. You can’t raise capital or award ESOPs to employees, but it has greater tax benefits and fewer compliances. Investment Junction provides Best Service of LLP Formation in Pune . This works just fine for web development shops or law firms, for example. The process to form one is also simpler. Here’s what you need to do: Step 1: Apply for DIN 1 The Designated Partner Identification Number (DPIN), which the two proposed designated partners must apply for, requires the following: passport-sized photograph, a scanned copy of either the telephone bill, driver’s license or previous two months bank statement, soft copy of the PAN card and a completely filled form. If the partner is a non-resident Indian, then a copy of the passport will repla...
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