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About LLP Registration
Advantages of a Limited Liability Partnership (LLP)
Registration Process Flow
2 WORKING DAYS
2 WORKING DAYS
2-3 WORKING DAYS
2-3 WORKING DAYS
2-3 WORKING DAYS
Documents required for LLP Registration
Documents for Directors
Pre-requisites to register the office
|Comparison Basis||Private limited company||Llp||Sole proprietor|
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|Suited For||Growing Startup||Service Provider||Small Business|
When pursuing company incorporation as an LLP, you must have the designated partner identification number (DPIN/DIN) for all the partners, your DSC, and a copy of e-form 1 (which is used to register your company’s name). It normally takes 3-4 days to get these documents.
You require a minimum of two partners for an LLP company registration in India. There is no upper cap on the number of partners you can have.
Yes, a body corporate is a partner of an LLP.
If you are wondering whether your partners are qualified, note that any individual or body corporate can be a partner. However, there are a few necessary exceptions. The person must be of sound mind, be an undischarged solvent, or be involved to be adjudicated as insolvent and the application is pending.
Anyone can be a designated partner as long as they are a resident of India.
You must keep in mind that an LLP has to be registered with the Registrar of Companies (ROC). Additionally, every LLP has to have its own registered office. Partners must send an incorporation document to the Registrar, when needed and in the right format. The contents of the LLP also have to be filed in the registration form. These are some of the most important tips to keep in mind when wondering how to register a company.
Yes, you do have the possibility to provide a separate address if required. You must check the registration form to confirm whether your selected address can be utilized.
Yes, a Statement of Accounts and Solvency form must be done by LLPs annually and sent to the Registrar.
Yes, audits are mandatory. However, do note that the Central government is operating on completing a simpler process for LLPs.
Typically, only start-ups that will not be scrutinized for venture capital funding register LLPs. This is because venture capitalists only invest in private and public limited companies.
Yes, an NRI or Foreign National can be a Designated Partner in a Limited Liability Partnership after acquiring Designated Partner Identification Number. Nevertheless, at least one Designated Partner in the LLP must be a Resident of India.
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