India Advocacy

Limited Liability Partnership (LLP) in India offers a streamlined and cost-effective business structure, providing partners with limited liability protection. Here’s a step-by-step guide on how to register an LLP online:

1. Obtain Digital Signature Certificate (DSC) and Director Identification Number (DIN):

• Acquire a DSC from licensed Certifying Authorities, serving as a legally recognized digital signature.
• Obtain a unique DIN for individuals appointed as directors in the LLP.

2. Reserve Unique Name (LP-RUN):

• Utilize the free name search facility on the Ministry of Corporate Affairs (MCA) portal.
• Enter up to six proposed names for approval by the Registrar, ensuring uniqueness and non-similarity to existing entities.

3. Fill and Submit Form 1:

• Click on the ‘E-form’ link and select Form 1 for name reservation.
• Provide details of at least two designated partners of the proposed LLP.
• Attach DSC and submit the form along with the applicable fee.

4. Incorporation Document and Statement (Form 2):

• Once the name is approved, log in to the MCA portal.
• Navigate to MCA Services > E-Filing > LLP Forms Download > Incorporation Document and Statement (Form 2).
• Fill the form and pay the required fee based on the total monetary value of partners’ contributions.

5. Digital Signatures and Submission:

• Digitally sign the form using the designated partner’s permanent DPIN.
• Additionally, the form must be digitally signed by an advocate, company secretary, chartered accountant, or cost accountant.

6. Registrar’s Approval and Certificate of Incorporation:

• The registrar will analyze the submitted form.
• If found satisfactory, the LLP will be registered within 14 days.
• A Certificate of Incorporation will be issued, marking the official establishment of the LLP.

Note: Complying with these steps ensures a smooth online LLP registration process, providing entrepreneurs with the benefits of limited liability and simplified annual compliances.