LLP Registration Online – An Overview
Limited Liability Partnership (LLP) in India took shape after January 2009, making it an instant success with startups and professional services. Limited Liability Partnership Registration, governed by the Limited Liability Partnership Act, 2008, combines the benefits of a partnership with that of a limited liability company. LLP was introduced to provide a form of business that is easy to maintain and to help owners by providing them with limited liability.
For a Limited Liability Partnership registration in India, Enterslice is one of the most affordable and steadfast service providers.
Minimum Requirement to Start A LLP
- Minimum Two People: Two people are needed to register the LLP. However, there is no limit on maximum partners.
- No Minimum Capital: Capital in case of LLP is depending on the need of the business and contribution to partnership by partners. The Stamp Duty on the deed is based on the amount of capital.
- Resident Person requirement: One Designated partner of LLP must be from India.
- Unique Name: Name of the LLP should be unique, and it must not be same or similar to the name of any existing company, LLP or trademark which is registered or applied for.
- Latest passport size Photographs of all partners
- PAN ( Permanent Account Number) of all Partners (Minimum 2)
- Identity Proof of each partner, (Aadhar Card, Passport, Driving License or Voter ID Card)
- Address Proof of all partners (Bank Statement or Passbook, electricity bill, telephone bill, Aadhar card or any utility bill)
- Copy of Mobile bill, telephone bill, electricity bill or Bank Statement of all Partners with Present address
- Registered Office Address Proof – Electricty Bill along with Rent Agreement / ownership proof of proposed registered office.
- Stamp paper for LLP Agreement of State where LLP is to be Incorporated
- Documents Must be self attested
- Issue of Digital Signature Certificate (DSC): DSC is necessary to sign the e-application for registration of LLP. Photo, ID and Address proof is required with DSC form for DSC issuance.
- Name Approval: Name approval of LLP is required for application for registration of LLP. The name of LLP should be unique and should not be similar to the existing or applied company, LLP or trademark. In Form LLP_FiLLiP (eForm-2) name approval can be applied simultaneously with the application for LLP registration.
- Registration Certificate of LLP: After DSC, Name approval or
- LLP_FiLLiP (eForm-2) incorporation documents are submitted to MCA for registration of LLP, the Registrar issue the certificate of incorporation after his/her satisfaction. If Partners already have approved DPIN then that will be used and if Partners do not have approved DPIN then DPIN will be approved simultaneously with Registration of LLP.
- LLP Agreement filing with Registrar: After incorporation of LLP, the partners of the LLP must enter into a LLP Agreement and file it with the ROC within 30 days of Incorporation. Non submission of LLP Agreement incurs a penalty of Rs. 100 for each day of delay.
- Application for PAN & TAN of LLP: PAN & TAN is required to be taken for smooth running of the business.
- Bank Account opening Support: A LLP must have a current account in its business name, to do the transaction of business.
How Enterslice will help you to get LLP Registration