LLP Registration

Looking to enter into a business in form of a LLP?

Have a look at our interactive guide on choosing a Limited liability Partnership  as a form of your business. Know what are the pros & cons of each of them & what compliances you would need to meet.

Once settled, you can always choose a package from down here or if your requirement does not suit our package, you can directly contact us & we will make a customized package for you

Limited Liability Partnership

Package1

Authorized Capital : 1 Lac

Directors : 2

Included DIN, DSC, PAN & TAN

Price: 8500

Limited Liability Partnership

Package1

Authorized Capital : 2 Lac

Directors : 2

Included DIN, DSC, PAN & TAN

Price: 9500

Documents Required for Limited Liability Partnership Registration

  • PAN (Permanent Account Number) of all proposed Partners
  • Address Proof (Voter Id, Passport, Driving License, Aadhar Card) of all proposed partners
  • Additional Address proof all Partners with Present address Mobile bill OR Telephone bill OR Electricity bill OR Bank Statement
  • Latest passport size Photographs of all directors / Share Holders.
  • Registered Office Address Proof – Electricity Bill along with Rent Agreement OR Ownership proof OR NOC.

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Process Involved

Documentation

Requestor provides the required documents
10%

Obtaining DSC (Digital Signatures)

Digital signature is obtained for the proposed Partners
20%

Obtain DPIN

After DSC, application is filed with MCA for getting the DPIN Number for each director.Note: if the proposed partners has DIN, it can be used instead.
30%

Reservation of name

6 Names are required to be proposed, MCA Checks the name availability and approves a name based on name guidelines
50%

Filing of Incorporation Documents

Application of Incorporation is filed with MCA. It checks and Approves the Incorporation Application
60%

Certificate of Incorporation

MCA grants the incorporation certificate
75%

Drafting of LLP Agreement

LLP agreement duly printed on stamp paper and signed by each partner along with two witnesses
95%

Filing of LLP agreement

Application is filed with MCA for Registration of Partnership Deed, this need to be done within 30 days from the date of Incorporation
100%

FAQ

LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership. Since LLP contains elements of both ‘a corporate structure’ as well as ‘a partnership firm structure’ LLP is called a hybrid between a company and a partnership.

A LLP can be started with any amount of capital . There is no requirement to show proof of capital invested during the incorporation process.

LLP form is a form of business model which:

(i) is organized and operates on the basis of an agreement.

(ii) provides flexibility without imposing detailed legal and procedural requirements

(iii) enables professional/technical expertise and initiative to combine with financial risk taking capacity in an innovative and efficient manner

i) Under “traditional partnership firm”, every partner is liable, jointly with all the other partners and also severally for all acts of the firm done while he is a partner.

ii) Under LLP structure, liability of the partner is limited to his agreed contribution. Further, no partner is liable on account of the independent or un-authorized acts of other partners, thus allowing individual partners to be shielded from joint liability created by another partner’s wrongful acts or misconduct.

i) A basic difference between an LLP and a joint stock company lies in that the internal governance structure of a company is regulated by statute (i.e. Companies Act, 1956) whereas for an LLP it would be by a contractual agreement between partners.

ii) The management-ownership divide inherent in a company is not there in a limited liability partnership.

iii) LLP will have more flexibility as compared to a company.

iv) LLP will have lesser compliance requirements as compared to a company.

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