ELIGIBILITY CRITERIA
TO BE ELIGIBLE FOR REGISTERING AS AN LLP, THE FOLLOWING CRITERIA MUST BE MET:
- AT LEAST TWO PARTNERS ARE REQUIRED TO FORM AN LLP (NO UPPER LIMIT)
- SIF A BODY CORPORATE IS A PARTNER, A NATURAL PERSON MUST BE NOMINATED TO REPRESENT IT
- EACH PARTNER MUST HAVE AN AGREED CONTRIBUTION TOWARDS THE SHARED CAPITAL
- LLP SHOULD HAVE AN AUTHORIZED CAPITAL OF AT LEAST ₹1 LAKH
- AT LEAST ONE DESIGNATED PARTNER SHOULD BE AN INDIAN RESIDENT.
DOCUMENTS REQUIRED FOR LLP REGISTRATION
TO REGISTER AN LLP YOU NEED SCANNED COPIES OF THE FOLLOWING DOCUMENTS:
FROM PARTNERS:
- PAN CARD OR PASSPORT (FOREIGN NATIONALS OR NRIS)
- AADHAR CARD/ VOTER’S ID/ PASSPORT/ DRIVING LICENSE
- LATEST BANK STATEMENT/ TELEPHONE BILL/ MOBILE BILL/ ELECTRICITY BILL/ GAS BILL
- PASSPORT-SIZE PHOTOGRAPH
- BLANK DOCUMENT WITH SPECIMEN SIGNATURE.
NOTE: ONE PARTNER MUST SELF-ATTEST THE FIRST THREE DOCUMENTS. IN THE CASE OF FOREIGN NATIONALS OR NRIS, ALL THE DOCUMENTS MUST BE NOTARIZED (IF CURRENTLY IN INDIA OR A NON-COMMONWEALTH COUNTRY) OR APOSTILLED (IF FROM A COMMONWEALTH COUNTRY).
FOR THE REGISTERED OFFICE:
- UTILITY BILLS
- NOTARIZED RENTAL AGREEMENT IN ENGLISH
- NO-OBJECTION CERTIFICATE FROM THE PROPERTY OWNER
- SALE DEED/PROPERTY DEED IN ENGLISH (IN CASE OF OWNED PROPERTY).
HOW TO REGISTER AN LLP ONLINE
STEP 1: OBTAINING DSC AND DIN
ALL THE FORMS THAT NEED TO BE SUBMITTED ONLINE REQUIRE THE DIRECTORS’ DSC. SO, THE FIRST STEP IN THE PROCESS IS TO GET DSCS AND DINS FOR 2 PARTNERS. WE COLLECT THE NECESSARY INFORMATION FROM YOU AND FILE FOR THEM.
STEP 2: APPLICATION FOR NAME APPROVAL
SIMULTANEOUSLY, WE CHECK IF THE NAME YOU WANT TO REGISTER UNDER IS AVAILABLE AND RESERVE IT FOR YOUR LLP. YOU CAN CHECK FOR NAME AVAILABILITY IN THE MCA PORTAL
THE APPROVAL OF THE NAME WILL BE MADE BY THE REGISTRAR ONLY IF THE CENTRAL GOVERNMENT DOES NOT DEEM IT UNDESIRABLE. THE NAME SHOULD NOT HOLD ANY RESEMBLANCE TO ANY OF THE EXISTING PARTNERSHIP FIRMS, LLPS, TRADEMARKS, OR BODY CORPORATES.
STEP 3: LLP AGREEMENT
THE NEXT STEP IS TO DRAFT THE LLP AGREEMENT AND OTHER DOCUMENTS FOR REGISTRATION. AN LLP AGREEMENT IS VERY CRUCIAL IN A LIMITED LIABILITY PARTNERSHIP AS IT DETERMINES THE MUTUAL RIGHTS AND DUTIES AMONGST THE PARTNERS, AND BETWEEN THE LLP AND THE PARTNERS. THUS, OUR EXPERTS TAKE UTMOST CARE IN DRAFTING THIS AGREEMENT.
THE PARTNERS ENTER INTO THE LLP AGREEMENT UPON REGISTERING THE LLP BY FILING FORM 3 ONLINE ON THE MCA PORTAL. THIS PROCEDURE HAS TO BE DONE WITHIN 30 DAYS OF THE DATE OF INCORPORATION.
STEP 4: LLP INCORPORATION CERTIFICATE
OUR TEAM WILL FILE THE NECESSARY FORMS AND DOCUMENTS WITH THE REGISTRAR. ONCE THE REGISTRAR APPROVES ALL THE FORMS AND DOCUMENTS, YOU GET YOUR LLP INCORPORATION CERTIFICATE AND ARE ALMOST SET FOR RUNNING YOUR BUSINESS.
STEP 5: APPLY FOR YOUR PAN, TAN, & BANK ACCOUNT
AS SOON AS YOU GET THE INCORPORATION CERTIFICATE, WE WILL APPLY FOR THE PAN, TAN, AND BANK ACCOUNT FOR YOUR LLP.
