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Overview
Register An LLP Company In India
A Limited Liability Partnership (LLP) is a type of business that gives the partners the best of both worlds. It integrates the benefits of both a partnership as well as a limited company in terms of the structure. LLP as a business type was brought forth in India in April, 2009 with the Limited Liability Partnership Act, 2008. In a Limited Liability Partnership (LLP), none of the partners are responsible or liable for the other partner’s act of misconduct, fraud or losses. Instead, all the registered partners are given a limited liability, which is constrained only to their own actions of either commission or omission, which is similar to the shareholders’ limited liabilities in a private limited company.
However, Limited Liability Partnership (LLP) partners have an equal right to handle the particulars of the business individually or directly. A Limited Liability Partnership (LLP) also puts a crimp on the personal liability that a partner could have incurred for the error, omission, incompetence, misconduct, or negligence of the Limited Liability Partnership’s (LLP) workers or agents. The handling of daily business is mentioned in the Limited Liability Partnership (LLP) Agreement, which provides the partners freedom to regulate the affairs of their business.
The Limited Liability Partnership (LLP) registration is carried out by the Ministry of Corporate Affairs (MCA) through the Office of the Registrar of Companies. The process of incorporation of an LLP is completely digitized, just like the process of company registration. This means that the applications and documents are all filed online and the Registrar issues a digitally-signed Certificate of Incorporation (COI) after due scrutiny and verification. With us, the process will be simple and streamlined with minimum input or efforts required from you because we do all the work including due compliance.
Steps To Register An LLP With Us
Our assisted system will make the process of registering your LLP an easy task. Follow the instructions for us to assist you better in terms of LLP registration and compliances.
Documentation Required
Address of the Registered Office
- Address Proof
- No objection letter from the owner of the company’s property if leased or rented
Additional Documents
The following documents are required on case to case basis:
- Nomination from the Corporate Partner for Designated Partner
- No Objection Certificate for the usage of a trademarked name from the trademark owner
- The Resolution and No Objection Certificate from an existing Company or an LLP for the use of a similar name to their establishment’s
- Declaration for complying with sectoral regulatory compliance
ID & Address from Partners and Designated Partners
Partners and Designated Partners have to submit Identity Proof and the Latest address proof. List of Acceptable Documents are:
- Primary ID – Permanent Account Number (PAN)
- Additional ID – Aadhaar Card, passport, driving license or voters ID
- Latest Address Proof: Telephone Bill, Electricity Bill, Bank Statement or a Bank Passbook with the latest entry
Documents to be Signed by Partners and Designated Partners
Partners and Designated Partners have to submit Identity Proof and Latest address proof. List of Acceptable Documents are:
- Application for a Digital Signature Certificate (DSC)
- Written consent to act as a Partner or designated partner: Form 9
- Details for DIN
- Declaration of DIN (If DIN is allotted already)
Filing of Initial LLP Agreement
The stakeholders need to file Initial LLP Agreement of business within 30 days of receiving the Certificate Of Incorporation.
