Formation of an Indian Limited Liability Partnership (LLP) requires minimum 2 partners and 2 designated partners, with at least 1 Indian resident. There must be some contribution from each partner but no share capital. The process involves obtaining a digital signature certificate and designated partner identification number, applying for name availability, drafting LLP documents like the agreement, and filing forms with registrar of companies, which takes around 21 working days.

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