Registering an LLP is way far easy than you think. Listed below are the steps that you would need to follow:
How many Directors and Shareholders will be there?
At least 2 designated partners are required out of which at least 1 should be a resident of India.
Make sure all of them have the following:
Where will be the Registered Office Situated?
You can start your Operations from any state in India; just make sure you have an address proof:
Usually stamp duty charges is Rs. 1500/- for an Authorised share capital of Rs. 10000/-However, it will vary if you are registering a business in any of the states mentioned below:
What will be the Amount of Contribution and in What Percentage?
No limit prescribed for contribution. But usually, we start with 5000/- minimum
Every individual needs to obtain class 2 or class 3 Digital Signature Certificate (DSC) from any authorized certifying agency. As all the documents need to be submitted to ROC online through www.mca.gov.in. So, to sign the documents digitally for authentication one needs to have a Digital Signature Certificate (DSC), a digital code, which can be attached to an electronic document to verify the applicant’s identity. This DSC would be used to digitally sign all the forms required in the process of incorporation.
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Every individual intending to be appointed as a Director or a designated partner has to make an application for allotment of Director Identification Number.
MCA has vide its notification amended the limited liability partnership rules, 2009. Now instead of DPIN, every partner who will be appointed as designated partner will need to apply for DIN and not DPIN.
An application needs to be filed for the reservation of a name in LLP Form 1.
Form which needs to be filed are :
Lastly, ROC takes about 5-6 days to verify all the documents and process the same.
Once the documents have been verified and everything is found to be in order, they will issue a final certificate of incorporation in electronic mode and the same will be sent via mail. The certificate includes CIN (Certification of Incorporation) which is a unique alphanumeric combination.
Now you can open a bank account and start off your with the operations.