Saturday, September 3, 2011

LLP Registration in India/ Checklist for LLP Registration in India


1.      Minimum 2 Partners
2.      Minimum 2 Designated Partners
3.      At least 1 of the designated partners shall be an Indian Resident
4.      If a body corporate is a partner, it has to nominate a natural person as its nominee
5.      The Partners and Designated Partners can be same person
6.      There is no concept of share capital, but there has to be some sort of contribution from each partner
7.      DPIN (Designated Partner Identification Number) for all the Partners
8.      DSC (Digital Signature Certificate) for one of the Designated Partners


1.      Two passport size photographs of each partners
2.      Copy of PAN card (Self attested)
3.      Address Proof: Copy of Voter ID/ Driving Licence/ Passport/ Bank statement certified by the bank
4.      Two specimen signature on a blank paper alongwith the photographs.

Information’s Required


1.      Registered Office of the Proposed LLP
2.      Name of the proposed LLP
3.      Main Business activity of the LLP
4.      Who will operate Bank accounts
5.      Capital Contribution of the partners
6.      Profit Sharing Ratio
7.      Any provision you want for the partners



Step-1: Digital Signature (DSC)

The first step toward LLP formation is to get the digital signatures of the proposed partners.

Step-2:  DPIN Registration (Designated Partners Identification Number)

Approved DPIN is a pre-requisite for incorporation process. We apply for the DPIN       
              
Step-3: Pre- Name Application Search and getting the name approved from the MCA

The Promoters have to provide at least 3 (three) names in the order of priority to make an online search of availability of names as desired by the Promoters. One of these names may be approved by the RoC

Setp-4  Drafting of LLP Agreements and other Incorporation Documents

The next step is to draft the LLP agreement and other incorporation documents like subscription sheets

Step-5 Filing the Documents and getting the incorporation certificate

After filing all the documents we will get the incorporation certificate within 3 to 4 working days

FEE FOR LLP REGISTRATION
Particulars
Fee
Statutory Fee
Approx 3000/- (for capital contribution up to 500000/- It will increase by the addition in capital contribution


  
Time Duration For LLP Registration

LLP registration may take 10 to 15 working days







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