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Formation of an Indian Limited Liability Partnership (LLP)




      Minimum requirements


         Minimum 2 Partners
         Minimum 2 Designated Partners
         Atleast 1 of the designated partners shall be an Indian Resident
         If a body corporate is a partner, it has to nominate a natural person as its nominee
         The Partners and Designated Partners can be same person
         There is no concept of share capital, but there has to be some sort of contribution from each partner
         DPIN (Designated Partner Identification Number) for all the Partners
         DSC (Digital Signature Certificate) for one of the Designated Partners



      Procedure/Steps involved in formation


Step                        Steps                       Timeframe                       Processing
No.                                                     (Working days)


 1.       DSC (Digital Signature Certificate)                            Documents required (Self attested):
                                                              1
                                                                            Address proof
                                                                            Identity proof

 2.       DPIN ( Designated Partner                                         Apply for DPIN and get a provisional
          Identification Number)                              5              DPIN

             Approved DPIN is a pre-requisite for                          Certification/Attestation of Director’s
              incorporation process                                          personal details

                                                                            Sending the same to the MCA Cell
                                                                             and getting it approved

 3.       Pre- Name Application Search                       --             The Promoters have to provide
                                                                             atleast 6 (Six) names in the order of
                                                                             priority

                                                                            To make an online search of
                                                                             availability of names as desired by
                                                                             the Promoters

 4.       Application for Name Availability                              To draft the Main Object to be pursued
                                                              6          by the LLP after incorporation
             Filing of Form 1
             6 names for the proposed Company
             Main Object Clause

 5.       Representation before RoC on behalf                            Changes to be made in the Name
          of Promoters                                                   application, if any, suggested by the
                                                              1          RoC.
6.   Documents required for incorporation               Drafting the LLP Agreement and
     of an LLP                                           after getting it vetted by Promoters,
                                                 2       sending it for printing
        LLP Agreement
                                                        Processing of eForms
        Form 2
         (Statement by Promoter)

        Form 3
         (Information regarding the LLP
         Agreement)

        Form 4 & Form 9
         (Notice of Consent & Appointment of
         Designated Partners with their
         personal details)

        Subscription sheet signed by the
         promoters

        Duly stamped LLP Agreement

        Proof of Address of Registered Office

7.       Final Process:                                 Online uploading of e-Forms
                                                 5
        Filing all the above documents with            Payment of Registration fees
         the ROC, follow up with the ROC
                                                        Issue of Certificate of Incorporation
        Making changes in LLP Agreement/
         other Incorporation documents as
         suggested by the ROC

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7 steps in registration of llp in india

  • 1. Formation of an Indian Limited Liability Partnership (LLP) Minimum requirements  Minimum 2 Partners  Minimum 2 Designated Partners  Atleast 1 of the designated partners shall be an Indian Resident  If a body corporate is a partner, it has to nominate a natural person as its nominee  The Partners and Designated Partners can be same person  There is no concept of share capital, but there has to be some sort of contribution from each partner  DPIN (Designated Partner Identification Number) for all the Partners  DSC (Digital Signature Certificate) for one of the Designated Partners Procedure/Steps involved in formation Step Steps Timeframe Processing No. (Working days) 1. DSC (Digital Signature Certificate) Documents required (Self attested): 1  Address proof  Identity proof 2. DPIN ( Designated Partner  Apply for DPIN and get a provisional Identification Number) 5 DPIN  Approved DPIN is a pre-requisite for  Certification/Attestation of Director’s incorporation process personal details  Sending the same to the MCA Cell and getting it approved 3. Pre- Name Application Search --  The Promoters have to provide atleast 6 (Six) names in the order of priority  To make an online search of availability of names as desired by the Promoters 4. Application for Name Availability To draft the Main Object to be pursued 6 by the LLP after incorporation  Filing of Form 1  6 names for the proposed Company  Main Object Clause 5. Representation before RoC on behalf Changes to be made in the Name of Promoters application, if any, suggested by the 1 RoC.
  • 2. 6. Documents required for incorporation  Drafting the LLP Agreement and of an LLP after getting it vetted by Promoters, 2 sending it for printing  LLP Agreement  Processing of eForms  Form 2 (Statement by Promoter)  Form 3 (Information regarding the LLP Agreement)  Form 4 & Form 9 (Notice of Consent & Appointment of Designated Partners with their personal details)  Subscription sheet signed by the promoters  Duly stamped LLP Agreement  Proof of Address of Registered Office 7. Final Process:  Online uploading of e-Forms 5  Filing all the above documents with  Payment of Registration fees the ROC, follow up with the ROC  Issue of Certificate of Incorporation  Making changes in LLP Agreement/ other Incorporation documents as suggested by the ROC