At Munchi Services, we understand that starting and running a business can be a complex and challenging process, which is why we provide comprehensive Limited Liability Partnership (LLP) registration services in Pakistan.

An LLP is a unique business structure that combines the benefits of a partnership with the benefits of a private limited company. An LLP is considered as separate legal entity and the partners are not responsible or liable for the company’s debts and liabilities.

When you choose to register your LLP with Munchi Services, you can rest assured that your business is in good hands. Our team is well-versed in the laws and regulations surrounding LLP registration in Pakistan, and we stay up-to-date with the latest developments to ensure that your registration process is as smooth and hassle-free as possible.

In addition to our LLP registration services, we also offer a range of other services that can help you to establish and grow your business. For example, we can assist you in maintaining records and books of accounts, and provide legal advice on business matters. By choosing to work with Munchi Services, you can save yourself time and energy, allowing you to focus on growing your business.

One of the most significant benefits of registering a LLP is the limited liability protection it offers to the partners. In case of any debts or liabilities of the LLP, the partners will not be held personally liable and their personal assets are protected. This can give partners peace of mind and make it easier to attract partners.

Furthermore, LLP is a separate legal entity from its partners which means that it can sue or be sued, own property, and enter into contracts in its own name. This can help to increase the credibility of a business in the eyes of customers, suppliers, and other stakeholders.

With our efficient and professional services, we make the process of registering your LLP as stress-free as possible. We take care of all the paperwork, leaving you to focus on building your business.

In conclusion, If you’re looking to start or expand a business in Pakistan, the Limited Liability Partnership (LLP) structure might be an attractive option for you. Munchi Services offers comprehensive, efficient and professional services in this regard. We have a team of experts that are well-versed in the laws and regulations surrounding LLP registration in Pakistan, and we can help you navigate the process with ease. By choosing us as your LLP registration service provider, you’ll be able to focus on growing your business and leave the rest to us.

Requirements The requirements for Limited Liability Partnership (LLP) registration in Pakistan may vary depending on the specific details of the partnership and the industry it operates in. However, in general, the following documents and information are typically required:

Proposed LLP name: An approved name is required before proceeding with the registration process. Memorandum of Association: A document that outlines the LLP’s name, registered office address, and the names and addresses of its partners. Articles of Association: A document that outlines the LLP’s internal management and governance structure, including details such as capital contribution of the partners, the rights and responsibilities of partners, and the procedure for appointing partners. Form for registering the LLP: The documents must be filled out and submitted to the Securities and Exchange Commission of Pakistan (SECP) and the Registrar of Companies. National Tax Number (NTN): An important document required for conducting business in Pakistan, which is obtained from the Federal Board of Revenue (FBR) Incorporation certificate: A document issued by the SECP that serves as official proof that the LLP is registered and legally recognized. Registered office address: A physical address where official communications and notices can be sent to the LLP. Partners’ information: the names, addresses and CNIC/passport copies of the partners of the LLP Initial capital contribution of the partners: The minimum capital contribution for an LLP is Rs.100,000 A bank account: A bank account in the name of the LLP must be open before or after the registration process It’s also important to note that additional documents and information may be required depending on the specific details of the LLP and the industry it operates in. It’s always better to check with the experts or consult with a professional firm, such as Munchi Services, to ensure compliance with the laws and regulations and to have the registration process done efficiently.

Frequently Asked Questions Q: What is a Limited Liability Partnership (LLP) in Pakistan?

A: A Limited Liability Partnership (LLP) is a unique business structure that combines the benefits of a partnership with the benefits of a private limited company. It is considered as a separate legal entity and the partners are not responsible or liable for the company’s debts and liabilities.

Q: What are the benefits of registering a LLP in Pakistan?

A: Some benefits include: limited liability protection for partners, separate legal entity that allows it to sue or be sued, own property, and enter into contracts in its own name, and increased credibility in the eyes of customers, suppliers, and other stakeholders.

Q: What are the requirements for registering a LLP in Pakistan?

A: Some requirements include: an approved LLP name, memorandum of association, articles of association, form for registering the LLP, incorporation certificate, registered office address, and information about the LLP’s partners.

Q: How long does it take to register a LLP in Pakistan?

A: The registration process can take several weeks to complete, depending on the specific details of the LLP and the industry it operates in.

Q: Is it necessary to hire a professional firm for LLP registration in Pakistan?

A: While it is not required, hiring a professional firm that specializes in LLP registration services can be beneficial as it can help ensure compliance with laws and regulations and can make the registration process more efficient.

Q: What happens after a LLP is registered in Pakistan?

A: After a LLP is registered, the LLP will receive its incorporation certificate and National Tax Number (NTN) and it should open a bank account in the name of the LLP. Also, it should maintain records and books of accounts and file annual returns with the SECP to stay compliant with the laws and regulations of Pakistan.

Q: Can a LLP registration be cancelled or dissolved in Pakistan?

A: Yes, a LLP registration can be cancelled or dissolved under certain circumstances, such as the LLP no longer meeting the requirements for registration or the LLP being inactive for an extended period of time. Such process is called as ‘strike off’ and it should be done under the guidance of an expert.