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What is LLP Registration?

Limited Liability Partnership (LLP), presented just in 2008, has rapidly turned into a mainstream legitimate structure for organizations. Its fundamental change over the General Partnership is that, as the name shows, it restrains the liabilities of its accomplices to their commitments to the business and furthermore offers each accomplice security from the carelessness, offenses or inadequacy of alternate accomplices.

What are the Documents required for LLP?

PAN Card of the Partners
Address Proof of the Partners
Bank Statement of the business
Utility Bill of the proposed Registered Office of the LLP
Cancelled Cheque For the Business
Rental Agreement Copy of the Business place
What is the Process for LLP Registration?
  • Application for DIN or DPIN: All the partners are required to get DPIN(Designated Partner Identification Number). DIN can be used if a partners possesses DIN
  • Acquire/ Register DSC: Digital Signature Certificate should be obtained and should be registered with the LLP Application
  • Incorporate a LLP: Form1 to be filled for Name confirmation and form 2 should be filed for Incorporating an LLP after the Name is confirmed
  • File LLP Agreement :After incorporation of LLP, an initial LLP agreement is to be filed within 30 days of incorporation of LLP.
  • LLP Registration Done :Once the LLP is Incorporated, we will send you LLP Certificate

FAQ's

Minimum of 2 persons are required to form an LLP. There is no limit on the maximum no. of partners an LLP can have.
There is no minimum amount of capital required to incorporate an LLP. A limited liability partnership can be started with any amount of capital.
Residence proof and ID proof are required for all the partners along with PAN card if the partner is an Indian national. No objection certificate along with ID and residence proof of the landlord of office premises is also required.
If the LLP has a turnover of Rs.40 lakhs or more and/or has a capital contribution of Rs.25 lakhs or more, the financial statements should be audited.
DIN is a unique identification number which is allotted to all the directors existing or proposed. DIN can be obtained by filing e-form DIN1 in MCA portal.