Limited Liability Partnership (LLP) Registration

Limited Liability Partnership (LLP) Registration

limited liability patnership

Limited Liability Partnership Act, 2008 brought with it the concept of LLP. The benefits of LLP are that it is simple to maintain & it provides the privilege of limited liability to the owners. Thus combines the benefits of both company & partnership into a single organization. One partner is not responsible or liable for another partner’s misconduct or negligence. Therefore, all partners have a sought of limited liability for each individual’s protection within the partnership, similar to that of the shareholders of a corporation.

Fast, Easy Limited Liability Partnership Creation

Minimum Requirement for LLP

  • Minimum of two people as a partner
  • Minimum Capital shall be Rs. 10,000
  • DIN for all the Partners
  • Digital Signature for all the partners
  • Consent From the partners
  • Proof of Registered Address
  • NOC from the owner of the premises

Document Requirement for LLP

  • Latest Colour Photo of all the partners
  • Pan Card of all the partners
  • Address Proof of all the partners. In case Premises is taken on Rent / Lease, a Rent agreement will also be required.
  • Signature on the DSC Form
  • Signature on Affidavit for DIN
  • Signature on the Consent form

Simple Steps to LLP Incorporation

  • Obtaining DSC & DPIN It takes around 14-20 days to incorporate an LLP at Sarvam Associates which may vary subject to the processing time & whether the proposed partners have their DSC & DPIN ready or not which basically takes around 5-7 days.

Name Approval

  • Name Approval can be obtained in 5 to 7 working days subject to availability, guidelines, processing time, etc wherein an application for Name Approval is filed in Form-1 along with the proposed names of a maximum of 6 & minimum 1 person with the MCA.

LLP Incorporation

  • After the name is approved, the LLP Agreement is drafted & sent MCA Approval along with Form-2, Form-3, Form-4 & Form-9.MCA will generally approve the application for incorporation in 5 to 7 days, subject to their E-forms processing time & filed in proper order.

To know about Private Limited Company Registration click on this link