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LLP Company Closure

Initiating the dissolution of a Limited Liability Partnership (LLP) business requires the submission of LLP Form 24. Prior to this, it is necessary to engage a professional corporate registrar agency to assist with a range of tasks, including the cessation of business operations, closing accounts, preparing documents and affidavits, obtaining a Chartered Accountant (CA) Certificate, and fulfilling other necessary formalities. After carefully accomplishing these tasks, the submission of LLP Form 24 for processing becomes feasible. Exercising vigilant adherence to the necessary procedures is crucial to ensure a smooth and legally compliant termination of the LLP company. Seeking professional assistance can be beneficial in navigating the intricate process of closing an LLP company, ensuring compliance with relevant laws and regulations.


Requirements:-


  • Analyze the eligibility for closure
  • Application and document filings
  • Filing the ROC Form-24

    • The closure of the LLP company follows a legal protocol and a lengthy process:-


  • The complete closure of the business operations
  • Bank account closure
  • Closing the annual statement of accounts at the date of the application
  • The owners must file a Form-24 application to the registrar along with an affidavit

    • llp-company-closure

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    Documents required to LLP Closure

  • Business PAN
  • The company agreement between the partners
  • Income tax return receipt
  • Bank account closure statement
  • Copy of the latest accounts statement

    • The entire process may take up to 6 months in India. Application details are presented to the Ministry of Corporate Affairs. A notice of the closure of LLP is published in the Official Gazette.


    Sujata Associate provides all the legal assistance to deal with an LLP Company closure in Kolkata during this Covid-19 pandemic. We take care of the entire process without you having to worry about anything. We understand your concern and need. So, we run our operations accordingly.