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ROC Filing For Partnership In Goa

In Goa, partnership firms are registered with the Registrar of Firms, not the Registrar of Companies. Though not mandatory under the Indian Partnership Act, 1932, registration offers legal recognition, credibility, and enforceability of rights, and can be done at any stage of the business.

ROC Filing For Partnership In Goa

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Why Should I Use Auriga Accounting For ROC Filing For Partnership In Goa?

Auriga Accounting has a team of registration experts who can provide complete guidance to register your ROC Filing For Partnership In Goa.

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Our team of experts will get in touch with you and collect all necessary documents and details

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We fill out and file your application for ROC Filing

Complete your ROC Filing

Ready Your ROC Filing For Partnership In Goa

Why Should I Use Auriga Accounting For ROC Filing For Partnership In Goa ?

Auriga Accounting has a team of registration experts who can provide complete guidance to register your ROC Filing For Partnership In Goa.

book appointment

Our team of experts will get in touch with you and collect all necessary documents and details

Resolve all your queries

We fill out and file your application for ROC Filing

Complete your registration

Ready Your ROC Filing For Partnership In Goa

Overview - ROC Filing For Partnership In Goa

In Goa, traditional partnership firms established under the Indian Partnership Act, 1932, are not legally required to file any documents with the Registrar of Companies (ROC). These partnerships operate primarily through a partnership deed registered with the local Registrar of Firms, and their regulatory compliance is relatively minimal. However, when it comes to Limited Liability Partnerships (LLPs), the regulatory framework is more stringent.

LLPs in Goa are governed by the Limited Liability Partnership Act, 2008, which mandates that these entities must adhere to various ROC filing requirements to maintain their legal standing. Unlike traditional partnerships, LLPs are registered with the Ministry of Corporate Affairs (MCA) and are subject to ongoing compliance obligations, including periodic filings.

These ROC filings are crucial for LLPs as they serve multiple purposes: maintaining the LLP’s active legal status, building trust with investors and financial institutions, and ensuring smooth regulatory interactions. Non-compliance with these filing requirements can result in heavy penalties, interest on late fees, and even legal complications that may affect the LLP’s business continuity.

Eligibility Criteria OF ROC Filing for Partnership In Goa

Type of Entity: Only LLPs registered under the LLP Act, 2008, must file returns with the ROC. Traditional partnerships under the Indian Partnership Act, 1932, are exempt unless converted into LLPs.

Legal Registration: LLPs must be formally incorporated with the MCA and hold a valid Certificate of Incorporation and LLPIN.

Active Status: LLPs must be active; dormant or inactive LLPs must be reactivated or struck off before filing.

Designated Partners: At least two designated partners are required, with one being a resident Indian.

DSC & DIN: Designated partners must have valid Digital Signature Certificates and Director Identification Numbers for electronic filings.

Financial Records: LLPs must maintain accurate books to support filing of financial statements and annual returns.

Advantages of ROC Filing for Partnership In Goa

  • Legal Compliance: Keeps the LLP aligned with MCA regulations, ensuring lawful operation.

  • Credibility: Builds trust with investors, banks, and partners through regular filings.

  • Financial Transparency: Ensures clear, accurate financial reporting.

  • Penalty Avoidance: Prevents fines by meeting filing deadlines.

  • Access to Funding: Eases eligibility for loans and government schemes.

  • Partner Protection: Clarifies roles and liabilities of partners.

  • Public Transparency: Makes key LLP information publicly accessible.

  • Simplified Legal Processes: Facilitates audits, dispute resolution, and restructuring.

  • Professional Image: Reflects a responsible and well-managed business.

Documents Required Of ROC Filing for Partnership In Goa

Incorporation Documents: Digital Signature Certificates (DSC) of designated partners, Director/Designated Partner Identification Numbers (DIN/DPIN), and a duly executed LLP Agreement.

Identity Proof of Partners: Mandatory PAN Card along with one valid ID proof such as Aadhaar, Passport, or Voter ID.

Address Proof of Partners: Recent utility bill, passport, or bank statement issued within the last two months.

Proof of Registered Office: Rent agreement or ownership deed, No Objection Certificate (NOC) if the premises are rented, and a recent utility bill for address verification.

Additional Documents (if applicable): Consent letters from partners and any necessary statutory declarations or compliance undertakings.

Form-Specific Attachments: Audited financial statements, a copy of the LLP Agreement, and any other documents required by the ROC for specific filings.

Online Process of ROC Filing For Partnership In Goa

Create an MCA Account: Visit the Ministry of Corporate Affairs (MCA) portal at www.mca.gov.in and register by creating a user ID and password to access e-filing services.

Obtain Digital Signature Certificate (DSC): All designated partners must obtain valid DSCs to digitally sign incorporation and compliance documents securely.

Apply for DPIN/DIN: If not already available, apply for a Designated Partner Identification Number (DPIN) or Director Identification Number (DIN) via the MCA portal.

Reserve LLP Name: Use the RUN-LLP (Reserve Unique Name) facility to propose and reserve a unique name for the LLP, ensuring it adheres to MCA’s naming guidelines.

File Incorporation Form: Complete and submit the LLP incorporation form online, attaching all necessary documents including the draft LLP Agreement.

Submit LLP Agreement (Form 3): File the executed LLP Agreement using Form 3 within 30 days from the date of incorporation to formalize the partnership.

Submit Annual Filings: Ensure timely filing of Form 11 (Annual Return) and Form 8 (Statement of Account and Solvency) every financial year to stay compliant.

File Event-Based Forms: Submit relevant forms like Form 4 to notify the ROC of any changes in partners, contributions, or other key LLP details.

Pay Statutory Filing Fees: Pay the applicable fees online during each submission to complete the filing process and avoid penalties.

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