Process of getting a LLP Registered in India

Find out about the LLP registration in india.

Step 1: Obtain a Affiliate Digital Signature Certificate:

The first and most important step in registering an Limited Liability Partnership is to obtain an Affiliate Digital Signature Certificate (DSC). Each E-form is submitted to the department after her DSC is attached for her LLP formation of the approved signatory. It is also required for partner DIN applications.

Step 2: Request Name Permission

Requests for name reservations for the proposed LLP must be made on her RUN LLP form in a maximum of two names in order of priority. Please note that the deposited name is not identical or remotely similar to any existing company, LLP or registered trademark. If the proposed name is not approved by the MCA, resubmission with two additional proposed names will be permitted. Once the name is approved, it will be reserved for 3 months from the date of approval.

Step 3:Incorporation Application

The form used to incorporate an LLP is its FiLLiP (Limited Liability Company Incorporation Form) and must be submitted to the registrar of the state where the registered office is located. must be submitted. LLP location. The form is an embedded form. The most important part is the integration of the DIN mapping application with the underlying application. Some important features of this application are:

1) Up to two Designated Partner (DP) DPIN/DIN applications may be submitted as part of the application. If you have multiple DPs without a DIN, you can add them later according to their respective Form 4 submissions.

2) You can also request a name reservation using this form. However, it is at the discretion of the applicant whether to reserve a name through LLP-RUN or this form. The application is accompanied by required documents such as a subscription form and proof of registered company address. The electronic form is notarized by the partner via her DSC which is PAN based and authenticated by the practitioner (CA/CS/CWA).

Your application is being processed by the Central Registration Center (CRC) for approval. If the Registrar determines that it is necessary to request additional documents or information, it may do so by ordering resubmission. Once the online application for LLP registration is approved, a Form 16 Certificate of Incorporation (CoI) will be issued with a DPIN/DIN and assigned to the Designated Partner. A CoI also consists of a Limited Liability Partnership Identification Number (LLPIN). The CoI date is the date of incorporation since the LLP legally existed. You can now form a legal entity in the name of an LLP.

Step 4: Apply for PAN and TANĀ 

Unlike a company, applying for PAN and TAN in an LLP must be done separately in offline or online mode. Applications are submitted directly to the tax office. The application must be completed on Form 49A or 49B and a certificate must be submitted as proof.

Step 5: Draft and Submit LLP Agreement

The next step is to draft her LLP Agreement based on the partner’s requirements. Steps 4 and 5 can be completed at the same time, but this step will take a little longer than the simple application process. The contract contains the LLP’s name, business purpose, place of business, and all other relevant details. Other terms include capital contributions, profit sharing, partner rights and obligations, etc.

Once the LLP partner has reviewed and accepted the agreement, it is done by paying stamp duty. This depends on the stamp laws of each state where the LLP’s registered office is located. Finally, the contract is concluded with the partner’s signature and witness evidence. This will be filed on LLP Form 3 and will be reviewed and approved by her RoC of the relevant state.

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