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LLP Registration
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LLP Registration - An Overview
The concept of Limited Liability Partnership (LLP) in India was introduced in 2008 by the Limited liability partnership Act of 2008. LLP Registration in India has become profound form of business that provides the advantages of a company and the flexibility of partnership firm into a single organization. LLP Company Registration is most suitable for micro and medium sized businesses.
Incorporating and managing a Limited Liability Partnership is simple and uncomplicated in India. Minimum of two directors are required to register an LLP. LLP registration consists of LLP agreement that states the rights and duties of the partners. LLP has a limited liability i.e. one partner is not responsible for the negligence and misconduct of another partner. The idea of Limited Liability partnership was to provide a form of business that is easy to maintain and to assist owners by providing them with limited liability.
Sample Certificate
LLP Package Includes
Name Approval of
Proposed Company
DSCs of 2 Designated Partners
DINs of 2 Designated Partners
Drafting Partnership Agreement
Relationship Manager
Government Challan & Fees
Certificate of Incorporation (COI)
E-Pan and
E-Tan
Bank Account opening Kit
Register LLP Company
Requirements for Registration
- At least 2 partners are required to form an LLP
- Each Partner must have agreed contribution towards share capital
- At least one designated partner should be an Indian resident
Process of Registering LLP
One can Incorporate LLP online through Legalite by following these simple steps:
Obtain DSC and DPIN
All the documents submitted online require director’s consent through DSC. The first and foremost step is to get DSCs and DPINs for 2 partners. Team member from legalite collects the necessary information and file them on behalf of the partners.
Application for name approval
The approval of name will be made by the registrar only if the central government doesn’t deem it undesirable. The name should not be resemblance to any of the existing partnership firms, body corporates, Trademarks, LLPs. We check whether the name you want to register is available in the MCA portal.
LLP Agreement
An LLP agreement is very important in a limited liability partnership as it determines the rights and duties amongst the partners, and between the LLP and the partners. Our expert team member takes utmost care in drafting the LLP agreement and other relevant documents required for LLP registration.
Incorporation Certificate
Team member from legalite will file the necessary forms and documents with the registrar. You get an LLP Incorporation certificate once the registrar approves all the forms and documents.
Apply for PAN, TAN & Bank Account
We will apply for the PAN, TAN and bank account for your LLP as soon as you get the incorporation certificate.
Benefits of Registering LLP
Limited Liability
Separate Legal Entity
Flexible Agreement
Suitable for Small Business
Company can be very smoothly run and dissolved
Documents Required for LLP Registration
From Partners
- PAN card
- Passport (Foreign nationals or NRIs)
- Aadhar card/ Voter ID/ Passport/ driving License
- Latest bank statement/ telephone bill/ mobile bill/ electricity bill/ gas bill
- Passport Size photograph
- Blank document with specimen signature
For the Registered office
- Electricity Bill
- Notarized Rent Agreement
- NOC from the owner
- Sale deed/property deed (In case of owned property)
