SlideShare a Scribd company logo
1 of 2
Download to read offline
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

More Related Content

More from Startupwala

More from Startupwala (20)

Steps to Register One Person Company in India
Steps to Register One Person Company in IndiaSteps to Register One Person Company in India
Steps to Register One Person Company in India
 
One Person Company Registration in India - Complete Guide
One Person Company Registration in India - Complete GuideOne Person Company Registration in India - Complete Guide
One Person Company Registration in India - Complete Guide
 
How to Register One Person Company in India
How to Register One Person Company in IndiaHow to Register One Person Company in India
How to Register One Person Company in India
 
7 Reasons to Register One Person Company in India
7 Reasons to Register One Person Company in India7 Reasons to Register One Person Company in India
7 Reasons to Register One Person Company in India
 
Starting Llp Mumbai
Starting Llp MumbaiStarting Llp Mumbai
Starting Llp Mumbai
 
Starting Llp Mumbai
Starting Llp MumbaiStarting Llp Mumbai
Starting Llp Mumbai
 
Starting Llp Pune
Starting Llp PuneStarting Llp Pune
Starting Llp Pune
 
Starting Llp Nagpur
Starting Llp NagpurStarting Llp Nagpur
Starting Llp Nagpur
 
Starting Llp Mumbai
Starting Llp MumbaiStarting Llp Mumbai
Starting Llp Mumbai
 
Starting LLP in India
Starting LLP in IndiaStarting LLP in India
Starting LLP in India
 
Starting Llp Chennai
Starting Llp ChennaiStarting Llp Chennai
Starting Llp Chennai
 
Starting Llp Bengaluru
Starting Llp BengaluruStarting Llp Bengaluru
Starting Llp Bengaluru
 
Starting Llp Bangalore
Starting Llp BangaloreStarting Llp Bangalore
Starting Llp Bangalore
 
Starting Llp Ahmednagar
Starting Llp AhmednagarStarting Llp Ahmednagar
Starting Llp Ahmednagar
 
Starting Llp Ahmednagar
Starting Llp AhmednagarStarting Llp Ahmednagar
Starting Llp Ahmednagar
 
Starting Llp Bangalore
Starting Llp BangaloreStarting Llp Bangalore
Starting Llp Bangalore
 
Starting Llp Bangalore
Starting Llp BangaloreStarting Llp Bangalore
Starting Llp Bangalore
 
Starting Llp Ahmednagar
Starting Llp AhmednagarStarting Llp Ahmednagar
Starting Llp Ahmednagar
 
Register Limited Liability Partnership Pune
Register Limited Liability Partnership PuneRegister Limited Liability Partnership Pune
Register Limited Liability Partnership Pune
 
Register Limited Liability Partnership Nagpur
Register Limited Liability Partnership NagpurRegister Limited Liability Partnership Nagpur
Register Limited Liability Partnership Nagpur
 

Recently uploaded

What is paper chromatography, principal, procedure,types, diagram, advantages...
What is paper chromatography, principal, procedure,types, diagram, advantages...What is paper chromatography, principal, procedure,types, diagram, advantages...
What is paper chromatography, principal, procedure,types, diagram, advantages...
srcw2322l101
 
NewBase 17 May 2024 Energy News issue - 1725 by Khaled Al Awadi_compresse...
NewBase   17 May  2024  Energy News issue - 1725 by Khaled Al Awadi_compresse...NewBase   17 May  2024  Energy News issue - 1725 by Khaled Al Awadi_compresse...
NewBase 17 May 2024 Energy News issue - 1725 by Khaled Al Awadi_compresse...
Khaled Al Awadi
 
Constitution of Company Article of Association
Constitution of Company Article of AssociationConstitution of Company Article of Association
Constitution of Company Article of Association
seri bangash
 
RATINGS OF EACH VIDEO FOR UNI PROJECT IWDSFODF
RATINGS OF EACH VIDEO FOR UNI PROJECT IWDSFODFRATINGS OF EACH VIDEO FOR UNI PROJECT IWDSFODF
RATINGS OF EACH VIDEO FOR UNI PROJECT IWDSFODF
CaitlinCummins3
 
Powerpoint showing results from tik tok metrics
Powerpoint showing results from tik tok metricsPowerpoint showing results from tik tok metrics
Powerpoint showing results from tik tok metrics
CaitlinCummins3
 

Recently uploaded (20)

wagamamaLab presentation @MIT 20240509 IRODORI
wagamamaLab presentation @MIT 20240509 IRODORIwagamamaLab presentation @MIT 20240509 IRODORI
wagamamaLab presentation @MIT 20240509 IRODORI
 
Blinkit: Revolutionizing the On-Demand Grocery Delivery Service.pptx
Blinkit: Revolutionizing the On-Demand Grocery Delivery Service.pptxBlinkit: Revolutionizing the On-Demand Grocery Delivery Service.pptx
Blinkit: Revolutionizing the On-Demand Grocery Delivery Service.pptx
 
TriStar Gold Corporate Presentation May 2024
TriStar Gold Corporate Presentation May 2024TriStar Gold Corporate Presentation May 2024
TriStar Gold Corporate Presentation May 2024
 
tekAura | Desktop Procedure Template (2016)
tekAura | Desktop Procedure Template (2016)tekAura | Desktop Procedure Template (2016)
tekAura | Desktop Procedure Template (2016)
 
How Do Venture Capitalists Make Decisions?
How Do Venture Capitalists Make Decisions?How Do Venture Capitalists Make Decisions?
How Do Venture Capitalists Make Decisions?
 
Elevate Your Online Presence with SEO Services
Elevate Your Online Presence with SEO ServicesElevate Your Online Presence with SEO Services
Elevate Your Online Presence with SEO Services
 
Falcon Invoice Discounting Setup for Small Businesses
Falcon Invoice Discounting Setup for Small BusinessesFalcon Invoice Discounting Setup for Small Businesses
Falcon Invoice Discounting Setup for Small Businesses
 
What is paper chromatography, principal, procedure,types, diagram, advantages...
What is paper chromatography, principal, procedure,types, diagram, advantages...What is paper chromatography, principal, procedure,types, diagram, advantages...
What is paper chromatography, principal, procedure,types, diagram, advantages...
 
NewBase 17 May 2024 Energy News issue - 1725 by Khaled Al Awadi_compresse...
NewBase   17 May  2024  Energy News issue - 1725 by Khaled Al Awadi_compresse...NewBase   17 May  2024  Energy News issue - 1725 by Khaled Al Awadi_compresse...
NewBase 17 May 2024 Energy News issue - 1725 by Khaled Al Awadi_compresse...
 
MichaelStarkes_UncutGemsProjectSummary.pdf
MichaelStarkes_UncutGemsProjectSummary.pdfMichaelStarkes_UncutGemsProjectSummary.pdf
MichaelStarkes_UncutGemsProjectSummary.pdf
 
PitchBook’s Guide to VC Funding for Startups
PitchBook’s Guide to VC Funding for StartupsPitchBook’s Guide to VC Funding for Startups
PitchBook’s Guide to VC Funding for Startups
 
hyundai capital 2023 consolidated financial statements
hyundai capital 2023 consolidated financial statementshyundai capital 2023 consolidated financial statements
hyundai capital 2023 consolidated financial statements
 
Constitution of Company Article of Association
Constitution of Company Article of AssociationConstitution of Company Article of Association
Constitution of Company Article of Association
 
Powers and Functions of CPCB - The Water Act 1974.pdf
Powers and Functions of CPCB - The Water Act 1974.pdfPowers and Functions of CPCB - The Water Act 1974.pdf
Powers and Functions of CPCB - The Water Act 1974.pdf
 
1Q24_EN hyundai capital 1q performance
1Q24_EN   hyundai capital 1q performance1Q24_EN   hyundai capital 1q performance
1Q24_EN hyundai capital 1q performance
 
Your Work Matters to God RestorationChurch.pptx
Your Work Matters to God RestorationChurch.pptxYour Work Matters to God RestorationChurch.pptx
Your Work Matters to God RestorationChurch.pptx
 
RATINGS OF EACH VIDEO FOR UNI PROJECT IWDSFODF
RATINGS OF EACH VIDEO FOR UNI PROJECT IWDSFODFRATINGS OF EACH VIDEO FOR UNI PROJECT IWDSFODF
RATINGS OF EACH VIDEO FOR UNI PROJECT IWDSFODF
 
Stages of Startup Funding - An Explainer
Stages of Startup Funding - An ExplainerStages of Startup Funding - An Explainer
Stages of Startup Funding - An Explainer
 
Sedex Members Ethical Trade Audit (SMETA) Measurement Criteria
Sedex Members Ethical Trade Audit (SMETA) Measurement CriteriaSedex Members Ethical Trade Audit (SMETA) Measurement Criteria
Sedex Members Ethical Trade Audit (SMETA) Measurement Criteria
 
Powerpoint showing results from tik tok metrics
Powerpoint showing results from tik tok metricsPowerpoint showing results from tik tok metrics
Powerpoint showing results from tik tok metrics
 

7 Steps In Registration Of Llp In Bangalore

  • 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