How to Register LLP
- Deo & Associates
- Dec 16, 2024
- 3 min read
How to Register an LLP in India
A Limited Liability Partnership (LLP) is a modern business structure that combines the flexibility of a partnership with the benefits of limited liability. It is ideal for professionals, small businesses, and startups due to its ease of operation and compliance. If you’re looking to establish an LLP in India, Contact Deo & Associates, LLP Registration Consultants in Gurgaon, LLP Registration Consultants in Delhi, LLP Registration Consultants in Noida and LLP Registration consultant in Ghaziabad, here is a step-by-step guide to help you navigate the registration process.
Step 1: Obtain Digital Signature Certificate (DSC)
The first step in registering an LLP is obtaining a Digital Signature Certificate (DSC) for all designated partners. Since all forms are filed online, the DSC is required to sign the documents electronically.
Documents Required for DSC:
Passport-sized photograph
PAN card
Address proof (Aadhaar, Passport, or Voter ID)
Step 2: Apply for Director Identification Number (DIN)
Every designated partner must obtain a Director Identification Number (DIN). This can be applied for through the LLP registration form (FiLLiP) or separately via the MCA portal.
Step 3: Reserve Your LLP Name
Choosing a unique name for your LLP is crucial. You can check name availability and reserve your desired name through the RUN-LLP (Reserve Unique Name for LLP) service on the Ministry of Corporate Affairs (MCA) portal. Ensure the name complies with MCA’s naming guidelines and isn’t similar to an existing company or LLP.
Step 4: Draft the LLP Agreement
The LLP Agreement outlines the rights and responsibilities of the partners, operational rules, and profit-sharing ratios. It’s a mandatory document that must be filed with the MCA after registration. Key elements to include:
Business objectives
Roles and responsibilities of partners
Capital contribution
Profit-sharing ratios
Step 5: File the Incorporation Form (FiLLiP)
The incorporation application is submitted online through the FiLLiP (Form for Incorporation of Limited Liability Partnership) form on the MCA portal. This form requires details about:
Proposed LLP name
Registered office address
Details of designated partners (including DIN and DSC)
Documents Required for FiLLiP Form:
Proof of registered office address (electricity bill, rent agreement, or NOC from the owner).
Identity and address proof of designated partners.
At Deo & Associates, we provides LLP Registration in Noida, LLP Registration in Delhi, LLP Registration in Gurgaon and LLP Registration in Ghaziabad.
Step 6: Obtain Certificate of Incorporation
Once the FiLLiP form is approved by the Registrar of Companies (RoC), you will receive the Certificate of Incorporation (COI). This document confirms the legal formation of your LLP and includes the LLP Identification Number (LLPIN).
Step 7: File the LLP Agreement with MCA
After incorporation, you must file the LLP Agreement (Form 3) within 30 days of receiving the Certificate of Incorporation. The agreement must be printed on stamp paper, and the value of the stamp duty depends on the state of registration.
Post-Registration Compliance
Once your LLP is registered, there are a few essential tasks to complete:
PAN and TAN Application: Obtain the Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) for your LLP.
Open a Bank Account: Open a current bank account in the name of your LLP.
GST Registration: If applicable, register your LLP under the Goods and Services Tax (GST).
Annual Compliance: Maintain proper books of accounts and file annual returns with the RoC.
Benefits of Registering an LLP
Limited Liability: Protects partners’ personal assets from business liabilities.
Separate Legal Entity: The LLP is distinct from its partners, offering better credibility.
Tax Benefits: LLPs enjoy lower compliance costs and tax advantages compared to private limited companies.
Operational Flexibility: Ideal for small and medium enterprises with minimal compliance requirements.
Why Choose Deo & Associates for LLP Registration?
Deo & Associates, CA Firm in Gurgaon, CA Firm in Noida, CA Firm in Delhi and CA Firm in Ghaziabad, At Deo & Associates, we provide end-to-end assistance for LLP registration, ensuring a seamless and hassle-free experience. Our services include:
Expert consultation on business structure and compliance.
Preparation and filing of required documents.
Post-registration support, including tax and compliance advisory.
Contact us today to register your LLP and take the first step toward building your business!
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