Himali Atoliyaadded a note 23 days ago
How to Register an LLP in India: Full Process
Registering a Limited Liability Partnership (LLP) in India is a well-structured process governed by the Ministry of Corporate Affairs (MCA). It starts with obtaining a Digital Signature Certificate (DSC) for all designated partners, as all forms need to be filed online and authenticated digitally. Following this, each partner must acquire a Designated Partner Identification Number (DPIN), which uniquely identifies them in the MCA system.
The next step involves reserving the name of the LLP using the RUN-LLP (Reserve Unique Name) service on the MCA portal. The chosen name must be unique and should follow the naming guidelines laid down by the government. Once the name is approved, the partners need to fill and submit the FiLLiP (Form for Incorporation of LLP) form. This form includes all essential details such as the LLP name, partner information, and registered office address.
Upon successful verification of documents, the Registrar of Companies issues the Certificate of Incorporation, along with a unique LLP Identification Number (LLPIN). Within 30 days of incorporation, the LLP is required to file the LLP Agreement, which outlines the duties, rights, and profit-sharing ratio among the partners. This agreement must be executed on non-judicial stamp paper, the value of which varies by state.
Lastly, the LLP must apply for a Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) from the Income Tax Department and open a current bank account in its name. Once these steps are completed, the LLP is legally registered and ready to begin operations. The entire registration process typically takes about 10–15 working days if all documents are submitted correctly and promptly.For more information, click the link below: