Limited Liability Partnership (LLP) Registration in India
Limited Liability Partnership (LLP) Registration in India
Limited Liability Partnership (LLP) Registration in India
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Home (/) / Start & Manage a Business (/business) / Company Registration (/s/company-registration)
/ Limited Liability Partnership (LLP) Registration in India
Features of LLP
Process of Registration as LLP
Documents required to register as LLP
Cost Involved in Registration Process
Time Involved In Registration Process
Features of LLP
It has a separate legal entity just like companies
The liability of each partner is limited to the contribution made by partner
The cost of forming an LLP is low
Less compliance and regulations
No requirement of minimum capital contribution
The minimum number of partners to incorporate an LLP is 2. There is no upper limit on the maximum number of
partners of LLP. Among the partners, there should be minimum two designated partners who shall be individuals,
and at least one of them should be resident in India. The rights and duties of designated partners are governed
by the LLP agreement. They are directly responsible for the compliance of all the provisions of LLP Act 2008 and
provisions specified in LLP agreement.
If you want to start your business with Limited Liability Partnership, then you must get it registered under Limited
liability Partnership Act, 2008.
Announcement: New forms will be applicable from the 1st of October 2018 for LLPs.
RUN – LLP (Reserve Unique Name- Form for reserving a name for the LLP
Limited Liability Partnership
Form 17 Application and statement for the conversion of a firm into LLP
So, the designated partner must obtain their digital signature certificates from government recognized certifying
agencies. Here (http://www.mca.gov.in/MinistryV2/certifyingauthorities.html) is a list of such certified agencies.
The cost of obtaining DSC varies depending upon the certifying agency. Also, you should obtain class 3 category
of DSC or you can click here (https://cleartax.in/services/din/p)& let a ClearTax expert procure DIN
(https://cleartax.in/s/obtain-din-director-identification-number-india) for you. If you go for Limited Liability
Partnership company registration with ClearTax, up to 2 DINs are covered in the plan & there is no need to apply
for DIN separately.
The application for allotment of DIN has to be made in Form DIR-3 (https://cleartax.in/s/directors-kyc-mca). You
have to attach the scanned copy of documents (usually Aadhaar and PAN) to the form. The form shall be signed
by a Company Secretary in full- time employment of the company or by the Managing
Director/Director/CEO/CFO of the existing company in which the applicant shall be appointed as a director.
This will help you in choosing names not similar to already existing names. The registrar will approve the name
only if the name is not undesirable in the opinion of the Central Government and does not resemble any existing
partnership firm or an LLP or a body corporate or a trademark. The form RUN-LLP has to be accompanied with
fees as per Annexure ‘A’ which may be either approved/rejected by the registrar. A re-submission of the form
shall be allowed to be made within 15 days for rectifying the defects. There is a provision to provide for 2
proposed names of the LLP.
Documents of Partners:
Documents of LLP:
A. Documents of Partners
1. PAN Card/ ID Proof of Partners – All the partners are required to provide their PAN at the time of registering
LLP. PAN card acts as a primary ID proof.
2. Address Proof of Partners – Partner can submit anyone document out of Voter’s ID, Passport, Driver’s
license or Aadhar Card. Name and other details as per address proof and PAN card should be exactly same. If
spelling of own name or father’s name or date of birth is different in address proof and PAN card, it should be
corrected before submitting to RoC.
3. Residence Proof of Partners – Latest bank statement, telephone bill, mobile bill, electricity bill or gas bill
should be submitted as a residence proof. Such bill or statement shouldn’t be more than 2-3 months old and
must contain the name of partner as mentioned in PAN card.
4. Photograph – Partners should also provide their passport size photograph, preferably on white background.
5. Passport (in case of Foreign Nationals/ NRIs) – For becoming a partner in Indian LLP, foreign nationals and
NRIs have to submit their passport compulsorily. Passport has to be notarized or apostilled by the relevant
authorities in the country of such foreign nationals and NRI, else Indian Embassy situated in that country can also
sign the documents.
Foreign Nationals or NRIs have to submit a proof of address also which will be a driving license
(https://cleartax.in/s/driving-license-online), bank statement, residence card or any government issued identity
proof containing the address.
If the documents are in other than the English language, a notarized or apostilled translation copy will be also be
attached.
B. Documents of LLP
1. Proof of Registered Office Address
Proof of registered office has to be submitted during registration, or within 30 days of its incorporation.
Besides, anyone document out of utility bills like gas, electricity, or telephone bill must be submitted. The bill
should contain complete address of the premise and owner’s name and the document shouldn’t be older than 2
months.
One of the designated partners needs to opt for a digital signature certificate (https://cleartax.in/s/digital-
signature-certificate-get-dsc) also since all documents and applications will be digitally signed by the authorized
signatory.
Step 1 – DSC Around Rs. 1500-2000 for 2 partners(varies depending on the agency)
Let our experts manage your taxes and business compliances, while you do what you do best!
For more information on documents required for partnership registration click here
(https://cleartax.in/s/documents-required-partnership-registration-india)
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