LLP registration

How to Register a Limited Liability Partnership (LLP) in India

Registering a Limited Liability Partnership (LLP) in India involves several steps. This guide provides a detailed, user-friendly explanation of the process.

What is an LLP?

A Limited Liability Partnership (LLP) combines the benefits of a partnership and a company. It provides the flexibility of a partnership with the advantages of limited liability, protecting partners from the joint liability of other partners’ actions.

Contact us for registering your LLP at just 5000/-

Please enable JavaScript in your browser to complete this form.
Please provide correct number so that our team can connect you.

Step-by-Step Guide to Registering an LLP

1. Obtain a Digital Signature Certificate (DSC)

The first step is to obtain a Digital Signature Certificate (DSC) for all designated partners, as all forms need to be digitally signed.

Steps to Obtain a DSC:

  1. Choose a certifying authority (e.g., eMudhra, Sify, or NSDL).
  2. Fill out the DSC application form on the chosen certifying authority’s website.
  3. Provide necessary documents (proof of identity and address).
  4. Complete the verification process.
  5. Receive your DSC via email or postal mail.

2. Apply for Designated Partner Identification Number (DPIN)

Next, you need to apply for a Designated Partner Identification Number (DPIN) for all designated partners.

Steps to Apply for DPIN:

  1. Visit the Ministry of Corporate Affairs (MCA) portal.
  2. Fill out Form DIR-3 and attach the required documents (proof of identity, proof of address, and a photograph).
  3. Pay the applicable fee.
  4. Submit the form online.
  5. Once approved, you will receive the DPIN.

3. Name Reservation

Choosing a unique name for your LLP is crucial. You need to check the availability of your desired name and reserve it.

Steps for Name Reservation:

  1. Go to the MCA portal.
  2. Log in and select “RUN LLP” (Reserve Unique Name – LLP).
  3. Fill out the form with your proposed LLP names (you can provide up to two options).
  4. Pay the required fee.
  5. Submit the form.
  6. Once approved, the name will be reserved for 90 days.

4. Incorporation of LLP

After reserving the name, you need to file the incorporation documents.

Steps for LLP Incorporation:

  1. Fill out Form FiLLiP (Form for incorporation of LLP) on the MCA portal.
  2. Attach the necessary documents:
  • Subscriber’s Sheet
  • Proof of registered office address
  • Detail of LLP partners
  • Detail of designated partners
  • Consent of designated partners
  1. Pay the incorporation fee.
  2. Submit the form online.
  3. Once the Registrar of Companies (RoC) verifies and approves your application, you will receive the Certificate of Incorporation.

5. Draft and File the LLP Agreement

The LLP Agreement outlines the mutual rights and duties among the partners and between the LLP and its partners. It must be filed within 30 days of the incorporation.

Steps to File LLP Agreement:

  1. Draft the LLP Agreement on a stamp paper of appropriate value (value depends on the state).
  2. Fill out Form 3 (Information with regard to LLP Agreement and changes, if any).
  3. Attach the signed LLP Agreement.
  4. Submit the form online on the MCA portal.

6. Apply for PAN and TAN

Once the LLP is incorporated, you need to apply for a Permanent Account Number (PAN) and a Tax Deduction and Collection Account Number (TAN) for your LLP.

Steps for PAN and TAN Application:

  1. Visit the NSDL or UTIITSL website.
  2. Fill out the online PAN and TAN application forms.
  3. Attach the required documents.
  4. Pay the application fees.
  5. Submit the forms.
  6. Once processed, you will receive the PAN and TAN.

Conclusion

Registering an LLP in India involves several steps, but by following this guide, you can ensure a smooth and successful registration process. Remember to double-check all forms and documents before submission to avoid any delays. Good luck with your new venture!

Quick Checklist

  1. Obtain DSC: Digital Signature Certificate for partners.
  2. Apply for DPIN: Designated Partner Identification Number for partners.
  3. Name Reservation: Reserve a unique name for your LLP.
  4. LLP Incorporation: File incorporation documents.
  5. File LLP Agreement: Draft and file the agreement within 30 days.
  6. Apply for PAN and TAN: Obtain tax identification numbers.

By following these steps, you’ll be well on your way to establishing a Limited Liability Partnership in India.