Registration Process for Limited Liability Partnership

1. STARTUP  Registration | Licenses BUSINESS  POLLUTION  Pollution Advisory ABOUT US  Learn More Modification | Compliance 7558 640 644 | 9999 008 018 HOME KNOWLEDGE CENTRE REGISTRATION PROCESS FOR LIMITED LIABILITY PARTNERSHIP Share Registration Process for Limited Liability Partnership CONNECT WITH US Shamshad Alam | Legal Analyst | Updated Jul 21, 2020  MOST POPULAR SERVICES Common Biomedical Waste  Treatment & Disposal Facility Setup ESIC Return  Wildlife Clearance Certificate /  License RNI Registration in India  G Mark Certification  A limited liability partnership (LLP) is a type of partnership ?rm where liability of some or all partners (depending on the jurisdiction) is limited. Thus LLP is that type of partnership structure where each and every partner's liability is limited to the amount they put into the business. Limited liability means that if the partnership fails, the partner's personal assets or income is Company Registration UK  Private Ltd to Public Ltd  Company Tax Return Filing  Private limited to Section 8  BIS Certification  Features of LLP Just like companies, LLP has a separate legal entity.  RELATED SERVICES The liability of each partner is limited to the amount paid by them in business.  The cost of formation of LLP is low  Legal compliance and regulations are less Proprietorship Firm   No need of minimum capital contribution One Person Company   The minimum number of partners required for incorporation of an LLP is 2. Maximum number of partners of LLP is not limited. Among the partners, minimum two designated partners are required who shall be individuals, and at least one of them should be resident in India. LLP agreement governs the rights and duties of designated partners. Partnership Firm  LLP Registration  Private Limited Company  If anybody wants to start his business with Limited Liability Partnership, then he must get it registered under Limited liability Partnership Act, 2008. It`s Time to Change Your COMPLIANCE OFFICER Process of Registration as LLP Step 1: Firstly DSC has to be obtained Before initiating registration process, one must apply for the digital signature of the designated partners of the proposed LLP. This is because there is online ?lling of all the documents for LLP and is required to be signed digitally Step 2: Apply for DIN One has to apply for the DIN of all the designated partners or those intending to be designated partner of the proposed LLP. The allotment application of DIN has to be made in Form  DIR-3. One has to attach the scanned copy of documents (usually Aadhaar and PAN) to the form. Company Secretary in full- time employment of the company or the Managing Director/Director/CEO/CFO of the existing company shall sign the form in which the applicant shall be appointed as a director. Get 1 months free compliance  support 24/7 Expert Advice anytime  anywhere 200+ Top CA/CS/Legal Team  Step 3: Name Approval For the reservation of name of proposed LLP, LLP-RUN (Limited Liability Partnership-Reserve Unique Name) is ?led which shall be processed by the Central Registration Centre under Non-STP. But before quoting the name in the form, it is recommended that one has to use the free name search facility on  MCA portal. The list of closely resembling names of existing companies/LLPs will be provided by the system based on the search criteria ?lled up. LEARN MO RE LEGAL GUIDE Step 4: Incorporation of LLP The person shall ?le the incorporation form FiLLiP (Form for incorporation of Limited Liability  Partnership) with the Registrar who has a jurisdiction over the state in which the registered o?ce of the LLP is situated. Fees shall be paid as per Annexure ‘A’  Download legal guide on how to successfully start If an individual who is to be appointed as a designated partner does not have a DPIN or DIN  and manage  then this form also provides for applying for allotment of DPIN This website uses cookies. By using this website you consent to our use of these cookies. For more information visit our Privacy Policy. Ok!

2. business in India & achieve 100% compliance. Only two individuals shall be allowed for the application of allotment.  The reservation application shall be made through FiLLiP too.  If the name applied is approved, then LLP shall ?le this approved and reserved name as the  Enter Email Id... proposed name. Step 5: File Limited Liability Partnership Agreement Enter Mobile Number The agreement of LLP must be ?led in form 3 online on MCA Portal.  Within 30 days of the date of incorporation, Form 3 for LLP agreement has to be ?led.  DO WNLO AD The Agreement of LLP has to be printed on Stamp Paper. Stamp Paper value is di?erent  for every state.  Documents required for registration as LLP USER RATING List of documents required for registration are as follows:- Documents of Partners: PAN Card/ ID Proof of the Partners   Address Proof of the partners   Residence Proof of Partners  4.53 average based 303 reviews. Photograph  on Passport (in case of Foreign Nationals/ NRIs)  Documents of LLP: 5  205 Proof of Registered O?ce Address  star Digital Signature Certi?cate  4  Cost Involved in Registration Process 71 star The government fees for ?ling forms is as follows:- 3  17 Step Cost star Around Rs. 1500-2000 for 2 partners(varies depending on the agency) 2  Step 1 – DSC 3 star Step 2 – DIN Rs. 1000 for 2 partners 1  6 Step 3 – Name Reservation star Rs. 200 Depends on capital contribution. Step Incorporation 4 – Contribution up to Rs. 1 lakh – Rs. 500, Contribution between Rs. 1 and 5 lakh – Rs. 2000 Fees for LLP Agreement depend on capital contribution. Step Agreement 5 – LLP Contribution up to Rs 1 lakh –Fees is Rs 50 for ?ling Form 3 and stamp duty vary from state to state where LLP is formed   Time Involved In Registration Process Approximately 15 days subject to availability of all documents is required for LLP  formation starting from obtaining DSC to Filing Form 3. Now, business is registered as a Limited Liability Partnership using corpseed Expert &  Legal Services.   You can hire corpseed for getting the LLP REGISTRATION for you by saving your time from all the government hassles. For more details, you can visit www.corpseed.com  or contact +91-7558-640-644 Shamshad Alam Legal Analyst | Shamshad is a Digital Marketing at Corpseed. He likes to write about the latest technology trends, Digital Marketing, SEO, SMO, SEM, PPC, shamshad.alam@corpseed.com.... Designing, etc. E-mail:- HAVE LEGAL QUESTIONS?  Get help from an experienced legal adviser. Schedule your consultation at a time that works for you and it’s absolutely FREE. This website uses cookies. By using this website you consent to our use of these cookies. For more information visit our Privacy Policy. Ok!

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