The great explorer of the truth, the master-builder of human happiness no one rejects dislikes avoids pleasure itself because it is pleasure but because know who do not those how to pursue pleasures rationally encounter consequences that are extremely painful desires to obtain.
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ABOUT LIMITED LIABILITY PARTNERSHIP
Limited Liability Partnership (LLP) in India governed under Limited Liability Partnership Act 2008, LLP is a corporate business that enables professional expertise and entrepreneurial initiative to combine and operate in flexible, innovative and efficient manner, as a hybrid of companies & partnerships providing benefits of limited liability while allowing its members the flexibility for organizing their internal structure as a partnership.
LLP’s are administered by the Registrar of Companies. Liability of partners is limited except where an Act is carried out by the LLP with intent to defraud creditors or any other person or for any fraudulent purpose A limited liability partnership is created through the state. Each state has its own set of rules and regulations that one must follow to form an LLP.
MINIMUM REQUIREMENTS
- No minimum share capital is required
- 2 Designated Partner(At least one should Resident In India)
- DIN (Director Identification Number) for all the Designated Partner
- DSC (Digital Signature Certificate) for one of the Designated Partner
DOCUMENTS REQUIRED
From proposed Designated Partner/Partner
IN CASE OF INDIAN NATIONAL DESIGNATED PARTNER (SELF-ATTESTED)
- ID proof -Passport/ Driving License/ Voter ID card/ AADHAAR Card
- PAN card of the applicant
- Copy of bank statement
- Email ID and mobile number
IN CASE THE APPLICANT IS A FOREIGN NATIONAL (SELF-ATTESTED)
- Passport (Apostille and Notarized)
- Residential proof (Apostille and Notarized)
- Email ID and mobile number
- Attested copy of VISA (If the applicant is out of the native country).
- Attested copy of Resident Permit certificate (If the applicant is in India)
FOR REGISTERED OFFICE
- Rent agreement on the name of the company or NOC by Landlord.
- Utility bills-telephone, electricity, and municipal (Not older than 2 Months).
STEPS/PROCESS
LLP Registration in India will boost the progress of startups and provide an additional edge over those who have not registered. The Ministry of Corporate Affairs governs the LLP registration process with rules and regulations framed in accordance with the law.
Step 1: Application for DSC (Digital Signature Certificate).
Step 2: Apply for the DIN (Director Identification Number)
Step 3: Application for the name availability.
Step 4: Filing of the form FiLLiP
Step 6: Issued certificate of incorporation by ROC
Step 7: File LLP Agreement in Form LLP-3
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