Limited Liability Partnership (LLP) Registration in India
Updated: Sep 14, 2022
Limited Liability Partnership (LLP) has come to be a desired shape of organization amongst entrepreneurs because it includes the advantages of each partnership firm and agency right into a single form of organization.
The idea of the Limited Liability Partnership (LLP) was added in India in 2008. An LLP has the traits of each partnership corporation and agency. The Limited Liability Partnership Act, 2008 regulates the LLP in India. Minimum two partners are required to comprise an LLP. However, there may be no higher restriction at the most wide variety of partners of an LLP.
Among the partners, there need to be not less than designated partners who shall be individuals, and at least one in every of them need to be resident in India. The rights and responsibilities of designated partners are ruled with the aid of using the LLP agreement. They are without delay accountable for the compliance of all of the provisions of the LLP Act, 2008 and provisions certain withinside the LLP agreement.
If you need to begin your enterprise with a Limited Liability Partnership, you then definitely have to get it registered below the Limited legal responsibility Partnership Act, 2008.
PURPOSE OF THE FORM
RUN – LLP (Reserve Unique Name-Limited Liability Partnership
Form for reserving a name for the LLP
Form for incorporation of LLP
Notice for change of name
Application and statement for the conversion of a firm into LLP
Application and Statement for conversion of a private company/unlisted public company into LLP
LLP Registration Process
Step 1: Obtain Digital Signature Certificate (DSC)
Before beginning the procedure of registration, you have to follow the digital signature of the designated partners of the proposed LLP. This is due to the fact all of the documents for LLP are filed online and are required to be digitally signed. So, the designated partners have to attain their digital signature certificate from authorities diagnosed certifying agencies. The price of acquiring DSC varies relying upon the certifying agency.
You can get DSC at https://www.google.com/url?q=https://www.registerkaro.in/digital-signature-certificate&sa=D&source=docs&ust=1662463489048443&usg=AOvVaw1Skae9ybKStxgfLmxx2QaR
STEP 2: Incorporation of LLP Using Fillip Form
The form used for incorporation is Fillip (Form for incorporation of Limited Liability Partnership) which will be filed with the Registrar who has jurisdiction over the kingdom wherein the registered workplace of the LLP is located. The form might be an integrated form.
Fees as according to Annexure ‘A’ will be paid.
This form additionally offers for applying for allotment of DPIN, if a person who's to be appointed as a designated partner does now no longer have a DPIN or DIN.
The application for allotment will be allowed to be made with the aid of using people best.
The application for reservation can be made via Fillip too.
If the name gets approved, then the approved name will be filed as the proposed name of the LLP.