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Online LLP Registration in India

Easy Process & Transparent Fee

Register your new startup as Limited Liability Partnership (LLP) with ✓2 DSC & DIN ✓Name Approval ✓COI ✓Drafting of LLP Agreement,✓PAN ✓TAN & Bank A/c opening support. 100% Online Process of placing order and document submission, Chat with the startup specialist to get started

  • Safe & Fast Process
  • CA, CS Services at One Place
  • EMI Option Available
  • Free Expert Consultation
  • Hassle Free Process
  • 24x7 Expert Assistance
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Our Packages for LLP Registration

(All Inclusive Fee, Includes Our Professional Fee, ROC Fee & Cost of Digital Signature)

Basic

₹7,642/-

All-Inclusive Fee

Everything Necessary For LLP Registration,
Such As DSC, DIN For Two Partners &
Certificate of Incorporation

Get Started See Cost Breakup & Pay
populer pack

Silver

₹11,180/-

All-Inclusive Fee

Basic Pack +
Bank Account Opening Support
GST & MSME Registration

Get Started See Cost Breakup & Pay
ultimate pack

Gold

₹18,040/-

All-Inclusive Fee

Silver Pack+
One Trademark Filing
in One Class

Get Started See Cost Breakup & Pay

(Note: None of Our Packages includes Stamp Duty on LLP Agreement and Notary, as it varies from one state to another)

All our Packages includes following items

With the use of our easy and Transparent Calculator to Know the all-inclusive cost of LLP Registration, you may also place an online order for the LLP Registration. In addition, we have also made three readymade and easy to understand packages for you. Once we receive the online ordering, our support team shall contact you for the documentation and incorporation process. All our packages have the following items included in them.

  1. DIN for 2 Partners
  2. DSC for 2 Partner
  3. Company Name Review
  4. LLP Agreement Drafting
  1. Filing of Filip Form
  2. Incorporation Certificate
  3. Company ePAN Card
  4. Company TAN/TDS Number
  1. Filing of Form -3
  2. Copy of All Approved Forms
  3. Relationship Manager
  4. 100% Online Process

LLP Registration Packages - Comparative View

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Silver

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Gold

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Wondring about overall cost of LLP Registration (All Inclusive).
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Checklist for LLP Registration

1

Minimum Two Partner of LLP: Register your Limited Liability Partnership (LLP) with a minimum of two persons to act as the initial designated partner in the new LLP. However, there is no cap on the maximum number of partners in the LLP.

Minimum Two Partner of LLP

2

One Resident Designated Partner: One of the Designated Partners of the LLP should be a resident in India. A Person is considered a resident when he or she stays in India for over 182 days during the previous financial year

One Resident Designated Partner

3

Registered Address Proof: The LLP needs an address for its incorporation; we require proof of the registered address in the form of a utility bill not older than two months and the NOC from the owner of the registered address owner.

Registered Address Proof

4

Capital Requirement: The LLP Act, 2008 does not prescribe any minimum or maximum capital as such; hence you may keep the capital/contribution of the LLP as per the business requirement of the LLP.

Capital Requirement

5

New & Unique Name of the Proposed LLP: The name of the proposed new LLP must be unique and eligible, and you have to ensure that the proposed name of the LLP is not the same or similar to an already existing LLP, Company or Trademark. If you need help, please contact us; we would help you decide your LLP's name.

New & Unique Name of the Proposed LLP

List of Documents Required For LLP Registration

Good documentation for the registration of an LLP plays a vital role & results in faster incorporation of the Limited Liability Partnership Firm. Here is the list of documents required; please submit self-attested copies of clear and valid documents.

A. Documents of Designated Partner & Partner
  1. Passport Size Colour Photograph
  2. Self-attested Pan Card
  3. Self-attested Aadhar Card
  4. Address Proof: (any one document)
    1. Telephone Bill
    2. Gas Bill,
    3. Electricity Bill
    4. Bank Statement
  5. Identity Proof: (any one document)
    1. Passport
    2. Voter ID
    3. Driving License
B. Documents For Registered Address
  1. Proof of Premises: Telephone, Electricity, Water Bill
  2. No Objection Certificate (NOC) From Owner
  3. Download NOC Format
C. Legal Forms & Declaration
  1. Consent of Partners in Form-9
  2. Subscriber Sheet for LLP Incorporation
  3. PAN Card Application Form
  4. TAN Card Application Form
D. Questionnairee
  1. Online Questionnaire - (Save & Resume Later Option)
  2. Questionnaire for LLP Registration (Google Doc - Free Download)

Note: After the incorporation, the ROC issues a Certificate of Incorporation that contains the company's address, which is available on the proof submitted for the registered address. Please ensure that the address of the premises on the NOC matches the address on the utility bill.

Process of LLP Registration

The LLP is a new business type where two or more persons incorporate a business with the simplicity of partnership firm and advantages of an incorporated entity such as a company. After placing the online order for LLP Incorporation, submit necessary information and documents to us through an Online Questionnaire developed by us.

Documents & Information For LLP Registration

Step - 1: Documents & Information For LLP Registration

LLP registration procedure starts with documentation of the proposed designated partners/partners and relating to the registered address of the LLP. Ensure that the documents are updated and correct. The mandatory information and documents for LLP Incorporation to be provided to us in the online questionnaire.

Selection of Name for LLP

Step - 2: Selection of Name for LLP

The Name of the LLP should be cross-checked with the ROC and the trademark registry to avoid any infringement of someone else Trademark or Other Company /LLP Name. The selection of a proper name should be the starting point; learn the Guideline for Name Approval of the LLP.

Making of Partners DSC

Step - 3: Making of Partners DSC

DSC is equivalent to the physical or paper signature under the information technology act. For LLP registration, all the applications to ROC are filed in digital format signed by designated partners of the LLP. The filing process starts with the issue of a digital signature for all the partners of the LLP.

Name Approval for LLP Registration

Step - 4: Name Approval for LLP Registration

The application for the Name approval of LLP is submitted in FormForm RUN-LLP. It is a web-based application, where two names in order of preference can be filed with a note on the significance of the Name and the business activities.

ROC Filing for LLP Incorporation

Step - 5: ROC Filing for LLP Incorporation

The application of New LLP Registration is filed in FILIP Form immediately after name approval. The partners KYC documents and proof of the registered address are submitted along with the application form. The FormForm, FILIP, is attested by a practising Chartered Accountant, Company Secretary, Cost Accountant, or an Advocate practising at High Court. The government filing fee for the registration of depends on the proposed capital/contribution of the LLP.

Issue of the Certificate of Incorporation of LLP

Step - 6: Issue of the Certificate of Incorporation of LLP

The LLP registration's final stage is the Certificate of Incorporation for the LLP after the verification of the application for LLP Registration is filed in FormForm FILIP. The issuance of the registration certificate of LLP is conclusive proof of the LLP registration by ROC.

Drafting of LLP Agreement and Filing to ROC

Step - 7: Drafting of LLP Agreement and Filing to ROC

Post-registration of the LLP, the partners need to enter into a valid agreement on stamp paper of appropriate value as per respective state. The LLP agreement defines the mutual rights and duties of the partners, and the LLP Agreement should be signed before a notary public. The duly signed & Notary Attested LLP Agreement is then filed with ROC in Form -3 within 30 days of the LLP Incorporation.

PAN Card & TAN Number for the LLP

Step - 8: PAN Card & TAN Number for the LLP

The LLP needs to apply in the prescribed Form 49A to the income tax department for the allotment of PAN; the acknowledgement of the pan application for the LLP is received on the same day. However, the pan is allotted within a week. TAN number is a permanent number assigned to business for complying with withholding tax provisions (TDS). You are required to deduct TDS while making payments; hence, the next step is to obtain a TAN number, which is mandatory to submit TDS Returns.

How To Register LLP ?

Benefits of the LLP

Easy to form Easy to form

Forming LLP is an easy process. It is less complicated and time-consuming unlike the process of formation of a company. We help startups to start their LLP in 100% online mode to avoid unnecessary delay.

Limited Liability Limited Liability

The partners of the LLP have limited liability which means partners are not liable to pay the debts of the LLP from their assets. No partner is responsible for any other partner's misconduct.

Perpetual Succession Perpetual Succession

The LLP Being a separate legal person, its life or existance is is independent of the partner's death, retirement, or insolvency. The LLP will get wound up only as per provisions of the LLP Act.

Easy Restructuring Easy Restructuring

The relationship between the partners is governed by an LLP Agreement, which can be easily amended to introduce or retire a partner. The process is easy and straight forward.

No Compulsory Audit No Compulsory Audit

Under the LLP Act, the statutory audit is not mandatory for small LLP. However, the statutory audit by a CA becomes compulsory only when the annual turnover and the LLP cross Rs 40 Lakh or the LLP Capital is more than 25 Lakh.

Fewer Compliance Fewer Compliance

The compliance requirement for an LLP is fewer in comparison to a company. Also, the annual return filing is easy and cost-effective. The LLP has to file its ITR just like any other business and file ROCAnnual Returns.

Difference Between LLP & Company for Startups

Points LLP Private Limited
Registration The registration of an LLP is mandatory under the Limited Liability Partnership Act, 2008. The process of the formation of the LLP is simple and easy. The LLP comes into existence only when the Registrar of Companies issues a Certificate of Incorporation. A company being a separate legal entity is a creation of law and is incorporated under section 3 of the Companies Act, 2013. The process of company incorporation is entirely online, and not a single paper is filed physically. The company comes into existence with the issue of the Certificate of Incorporation by the ROC.
Number of Promoters The LLP Act requires a minimum of two partners, and there is no cap on the maximum number of partners that an LLP may have. Two designated partners are also required to ensure compliance. The same person may be a partner as well as a designated partner. In the case of a Private Limited Company, a minimum of two persons are required to become shareholder and directors of the company. The same person can act as a director as well as a shareholder. However, the maximum number of shareholders has been capped at 200, and the number of directors can not be more than 15.
Constitution Document In the case of LLP, the LLP agreement is the constitution document. Similar to a partnership deed, it is also prepared on a stamp paper of appropriate value. The LLP Agreement is required to be filed with the ROC in form 3 within a period of 30 days from the date of incorporation of the LLP. In the company's case, the Memorandum of Association and the Articles of the Association are the constitution documents. The MOA primarily contains the name, location, object, capital and liability clause, whereas the AOA is a compendium of internal rules to run the company.
Liability To Owners The LLP is a separate legal entity in the eyes of the law; the losses or debt of the LLP is not the personal responsibility of the partners. However, the partners are liable to pay the agreed amount of capital. The company is a juristic person, and shareholders are only responsible for contributing the agreed amount of share capital as per the subscription in the MOA or on the unpaid share of any fresh allotment of shares by the company.
Internal Rules The LLP agreement governs the internal rules and regulations of LLP. To change the rules, partners must prepare a supplementary agreement and file the same before the ROC in Form-3. The articles of association of a company contain the internal rules and regulations of the companies. The courts always uphold the provisions of the AOA that conform to the act.
Decision Making In the case of the LLP, decisions are generally taken by way of the meetings between the partners. However, there is no provision of the meetings in the LLP Act. All other partners can not be held responsible for the individual decisions in the case of LLP. The board of directors takes the decisions in a company in their meetings known as the Board Meeting. As per the Companies Act, a company must convene a Board Meeting every quarter and the gap between two meetings should not be more than three months.
Remuneration There are no provisions in the LLP Act, 2008 regulating the remuneration payable to designated partners. However, the LLP Agreement should have a specific clause allowing the payment. The limits of Income Tax Shall apply akin to a partnership firm. The Companies Act, 2013 regulates the managerial remuneration in the case of the companies. However, there is no limit or restriction under the Income Tax Act as it is in the case of LLP and the Firm.
Audit The audit of the LLP is not compulsory if the capital contributed does not exceed Rs 25 Lakh or if the turnover does not exceed Rs. 40 Lakhs. The Statutory Audit of the company is compulsory.
Income Tax Rate The LLP is treated at par with the partnership firm; 30% is the Income Tax Rate for the LLP. The Surcharge & Cess is levied on and above the Income Tax. The Income Tax Rate for the company varies from case to case. For instance, it is just 15% in the case of the new manufacturing company and 22% for others. Surcharge and cess are also applicable.
Annual Compliance The LLP need to file Form 11 and Form 8 to the ROC, also known as annual compliance, apart from the filing of ITR. The Company has to file an elaborate, annual return, submit the Balance Sheet, Audit Report and the Director's Report to the ROC. The ITR filing and Audit is applicable.
Closure The LLP can be wound up by the process prescribed under the LLP Act, 2008. For closure of inactive LLP, after paying all the liabilities, a statement of assets and liabilities are filed in Form 24 to the roc for closure. The Company is a creation of the law that can be closed only by following the companies' rules. The form STK-2 is filed to the ROC for closing an inactive company.

Taxation of Limited Liability Partnership

The LLP is considered a Partnership Firm for the Income Tax Act; all the provisions applicable to the partnership firm also applies to the LLP. Following are the important tax considerations in the case of LLP

Income Tax

No Particulars Rate
1 Income Tax 30% on the profits of LLP
2 Surcharge 12% on the Income Tax, if the taxable income is more than one crores.
3 Health & Education Cess 4% on the amount of Income Tax and Surcharge (if any)
4 AMT Alternative Minimum Tax: The LLP can not pay less than 9% Plus Cess of the adjusted total income U/s 115 JC

Limit on Partner Remuneration: The LLP Can pay remuneration to its Working Partners Only, subject to a specific clause regarding the payment of compensation to the partner. However, such managerial remuneration should be within the prescribed limit under the Income Tax Act.

No Book Profit Amount Allowed as Remuneration U/s 40B
1 Up to 3 Lakhs of book Profit. 1.5 Lakh or 90% o the Book Profit Whichever is higher
2 On Excess of Rs. 3,00,000/- 60% of the Book Profit after the first Rs. 3 Lakhs.
How To Register LLP ?

Annual Compliance for the LLP

The LLP Has to file Income Tax and ROC Return every year. Here is a brief note on the annual compliance.

No Annual Filing Particulars
1 Account Finalisation At the end of the FY, the LLP must finalise their books of account and prepare a statement of income and expenditure and the balance sheet in compliance with the LLP Act and the Income Tax Laws.
2 Statutory Audit A statutory audit is not required for small LLP. However, it becomes mandatory when the turnover of the LLP is over Rs. 40 Lakhs or the Capital of the LLP is more than Rs 25 Lakh
3 Income Tax Return Every year the Income Tax for the LLP is filed as per the following due dates.
No Situation Due Date
1 No Audit Cases 31st July
2 Audit Cases 30 th October
4 Form 11 Form 11 is the annual return of the LLP to the Registrar of Companies and is mandatory filing before the 30th of May of the next year for every financial year.
5 Form 8 The LLP need to file their financial information and a statement of solvency to the ROC in form 8. The last date of filing Form 8 is 30th October for the previous financial year.

Frequently Asked Questions

1.
What is an LLP?

An LLP is a new form of body corporate introduced in India through the LLP Act, 2008. An LLP in India is an advancement over the existing partnership firm with advantages of corporate structure such as the limitation on the liability of the partners. An LLP is considered as a separate legal entity, perpetual succession, with the liability of partners limited to the capital being contributed by them. Hence, a shareholder is not personally liable for the debts of the company.

2.
For small businesses, what are the benefits of LLP?

The LLP is the most suitable form of business for small businesses in India, where there are fewer regulations to comply with. Unlike a company, audits are not necessary till the turnover crosses 40 Lac or the capital crosses 25 lac. Hence we can say that the LLP Company Registration is beneficial for small business.

3.
I am carrying business as a sole proprietor/partnership, can I register a Limited Liability Partnership (LLP)?

Yes, you can either incorporate a fresh LLP or convert the existing proprietorship or partnership business as an LLP. The cost of conversion is comparatively higher in comparison to incorporating a new limited liability partnership.

4.
Is the LLP structure suitable for my business?

As said before, the most significant advantage of starting a business with an LLP form of organisation is the outlook by all outside parties towards the business. Though the decision of whether to set up the business as a Limited Liability Partnership or not, rests upon you, it is advised that the entrepreneur closely evaluate all the merits and demerits. To analyse the suitability of the LLP in your situation, please contact us.

5.
What is a Digital Signature Certificate (DSC)?

The digital signature is an equivalent of physical or paper certificates in digital format. As the application For LLP Registration is filed online with Digital Signatures of the designated partners, hence the process starts with the issuance of the digital signature for all the designated partners. Photo, ID and Address proof is to be submitted along with Form for the issuance of DSC.

6.
What is the meaning of DPIN (Designated Partner Identification Number)?

The DPIN is the old reference to the DIN number for the partners of an LLP. The DIN is a unique number allotted by MCA to every person who intends to take the position of a director of the company or a designated partner in the LLP. For allotment of DIN, an application to MCA is made with Photo, Attested ID and Address proof duly attested by CA, CS or CMA.

7.
What is LLP Identification Number (LLPIN)?

Every LLP is allotted a unique number for its identification by the registrar of companies after its incorporation. The LLPIN is mentioned on the certificate of incorporation of the LLP.

8.
Is LLP a better business type to raise funds from private investors?

We are of the considered view that a private limited company is a better option for raising investment from the private investor as the companies act have elaborate provisions dealing with shares and its transfer. The LLP's are meant for professionals such as CA, Doctors, Architects and Lawyers, etc.

The LLP Agreement governs the relationship between the partners and their capital structure. Hence in case your business is capital intensive, or you intend to raise money from investors, it is better to incorporate a company. Click here to learn more

9.
What are the rules for choosing a name for a Limited liability partnership?

The name of LLP need to be unique and must conform with section 15 of the LLP Act, which is similar to the provisions relating to the name of a company under the Companies Act, 2013. To be brief, the proposed name of LLP should not be same or similar to any other existing company, LLP or a Trademark. Kindly refer our detailed discussion on the rules relating to the name of a company or LLP

10.
What is Contribution in LLP?

The Contribution is the synonym of capital in respect of the LLP, and the Contribution is the investment by the partners made in compliance with the LLP Agreement. The Contribution may be introduced by a partner in the form of Cash, Promissory Notes, Tangible or Intangible Property or Movable or immovable property etc.

11.
What is the capital required to start a Limited Liability Partnership?

The LLP Act does not prescribe any minimum or maximum capital for a limited liability partnership. It means you can start an LLP with any amount of capital as per the requirement of the business. The ROC fee of incorporation of the LLP and the stamp duty payable on the LLP agreement is dependent on the contribution of the LLP

12.
How can LLP raise funds?

The initial source of funds for an LLP is the partners of the LLP as per the agreement in the LLP Agreement. Further requirements of the funds can be met by a fresh round of investment by the partners. The LLP can also borrow loans from other private parties, entities or banks.

13.
What kind of Business Can be Done in LLP Form of Business?

Section 2(e) of the LLP Act, Specifically defines the word "Business" which says [ Business includes every trade, profession, service and occupation ] The definition excludes Manufacturing explicitly, Production etc. hence you are advised to pursue only those activities which are not like Manufacture or Production as such.

14.
Who prefers to register LLPs?

An LLP is an advancement over a partnership firm with the features of the corporate form of business, and the LLP's are most suitable for professionals like CAs, CS, Advocates, Engineers, Doctors and small businesses with low turnover. Kindly note that there is no restriction in the law concerning the suitability of the LLP vis a vis any form of business.

15.
What is the meaning of “Limited Liability” in LLP?

Limited Liability implies that the partners of the LLP are not personally liable to pay debts of the business. They are only responsible for the outstanding shares of the capital of the LLP.

16.
What is the difference between LLP and Other Forms of Business?

We have prepared a detailed and easy to understand comparative table showing the availability of features and advantages of one form of business to that of others. Please refer to the comparative analysis of LLP vis a vis other business types in the above section of this page.

17.
What is the minimum number of partners for LLP Registration?

The minimum of two designated partners is prescribed under the LLP Act 2008 for the incorporation of an LLP. However, there is no limit on the maximum number of partners in a Limited Liability Partnership.

18.
Who can be a partner in an LLP?

Any person capable of entering into contracts such as an individual, company or foreign national can be a partner in an LLP.

19.
What is the difference between Partners and Designated Partners?

In contrast, a designated partner is a designation of responsibility and is responsible for the compliance of all the laws applicable on the LLP and the LLP Act 2008 in particular. In case there is any default then the designated partners are penalised with fine, additional fee and penalty.

20.
Who can become a Designated Partner?

While any person can become a partner in the LLP, but only an individual can be appointed as the designated person. In some cases, the designated partner is a nominee of a corporate partner of the LLP. There is no educational qualification prescribed, hence any person over eighteen years of age is acceptable as the designated partner so long he is otherwise capable of entering into contracts.

21.
Who will be appointed as designated partners in case all the partners are corporate bodies?

Well, in an LLP, a company can also be partners; however, the designated partners need to be an individual. In case, all the designated partners can be the nominee or authorised representative of such corporate partners. Please note that there must be two designated partners in the LLP.

22.
What is the qualification to become a designated partner or partner in an LLP?

The LLP Act 2008 or LLP Rules does not prescribe any educational, professional qualification or experience. The proposed partner of the designated partner should be eligible to enter into an agreement as per the contracts act. It means any person over the age of eighteen years who is of sound mind and not adjudged as insolvent can become the partner or designated partner of an LLP

23.
What are the responsibilities of a designated partner in the LLP?

The designated partner(s) has been entrusted with the responsibility of managing the LLP in the best efficient manner. The most important responsibility is the compliance with several laws applicable on the LLP, such as LLP Act, GST and income tax. A designated partner is liable for misconduct or fraud or if found guilty of default.

24.
Can a Salaried person become a Partner in LLP?

Yes, there is no legal restriction on a person in the employment to become a partner of a designated partner in the LLP. However, you should check the employment documents such as offer letter, appointment letter, terms of employment and the general policy of HR to find if there is any restriction imposed by the employer upon you.

25.
Can NRI / OCI / Foreign Nationals be a Designated Partners in an LLP?

The foreign direct investment (FDI) is very well allowed in the LLP. In compliance with the FEMA Act, Rules and Regulations, a person who is a non-resident Indian or an overseas person of India can invest into an LLP on the non-repatriation basis just like any other individual. However, the foreign nationals can be designated partners subject to appropriate reporting to RBI. In any case, there must be one Indian citizen as the designated partner of the LLP.

26.
How to add partners in LLP?

The new partner can be added with the consent of all other partners of the LLP and in compliance with the LLP Agreement. The process of appointing a new partner is to convene a meeting of all the existing partners and then pass a resolution. The reporting of the new partner addition is made to the ROC in form 4 as the LLP agreement shall also change, the same need to be filed with the ROC in Form 3.

27.
Has LLP less annual maintenance cost as compared to the private limited company?

The cost of regular compliance and annual filing of LLP or the company depends on the scale of operation and the turnover of the business. However, the cost of standard compliance like accounting, GST Filing, Payroll etc. shall be the same in all forms of the business.

The cost of annual filing may be lesser to an LLP in case the turnover of the LLP is less than 40 Lacs. It is noteworthy that there is no need to get the books of account audited by a CA in case the turnover is less than 40 Lacs.

28.
How long will it take to incorporate an LLP?

The incorporation of an LLP is an online process and gets incorporated within a week's time. However, as it is a legal process, giving an exact timeline is not practical and sometimes due to non-availability of the proposed name of deficient documents of the partners of the registered address it can get delayed. We recommend startups to take care of documentation and consider the rules governing the name of an LLP in order to reduce the LLP Registration time.

29.
What is the validity of the incorporation of the LLP?

The incorporation of LLP is done under the provisions of the LLP Act 2008, and upon generation of the certificate of incorporation, an LLP is regarded as a distinct legal entity. There is no expiry date of an LLP, and it is valid until the LLP is wound off following the legal process of winding off as prescribed under the LLP Act or the IBC.

30.
What are the documents required for incorporation of LLP?

The formation of an LLP is a statutory process, The LLP registration documents consists of three sets of documents are filed to the ROC for the issue of the Certificate of Incorporation of the LLP. These are Partners Documents such as the Identity and Address Proof, Documents of the Registered Address and Statutory Forms. These documents are readily available with any startup. You may refer to the List of LLP Formation Documents above.

31.
What documents are accepted as Identity Proof of Partners?

For incorporation of an LLP under The Limited Liability Partnership Act, 2009, anyone from below mentioned list of the document is acceptable as Identity Proof of the partner or designated partner of the proposed LLP.PassportDriving LicenseVoter ID Card

32.
What documents are accepted as address proof of the partner?

A Limited Liability Partnership is incorporated with a physical address to be declared as the registered office of the newly registered LLP. Following are the list of the documents which are acceptable as proof of premises where the registered office of the LLP is situated. The premises proof should not be older than two months. Electricity Bill, Gas Bill, Telephone Bill, Mobile Bill, NOC from the Owner of Premises

33.
What are the forms required to be signed by the partners of an LLP?

For LLP Registration, the partners need to sign on a subscription sheet, which is also attested by a practising professional like CA, CS, CMA or Advocate. Please contact us for the sample. subscription sheet of the LLP

34.
What is the LLP Agreement?

The partners of the LLP bind themselves concerning their mutual rights and obligation, capital contribution ratio, profit sharing ratio in a document which is known as LLP Agreement. After LLP formation, the partners need to execute the same and file a copy with the registrar of companies within 30 days of Incorporation, failing which a penalty of Rs. 100 day is imposed for each day of delay.

35.
LLP Formation Cost

LLP Formation Cost depends on the Capital of LLP and the location of the registered address of your LLP. Setindiabiz offers LLP Registration Service at a very reasonable fee of Just Rs 3499/-. You have to pay the government fee on an actual basis. It is genuinely transparent pricing.

36.
Is an office required to start a Limited Liability Partnership?

Yes, it is mandatory for an LLP to maintain a registered office. The registered address is required to be intimated at the time of incorporation of the LLP, similarly, with every change in the registered address, the same need to be intimated to the ROC

37.
What address to be given as a registered office of the LLP?

A registered office is required to hold meetings, for keeping records and receiving correspondence from all the statutory/government authorities. The registered office does not have to be necessarily owned by the company, and it can be on rented premises also. The registered office of the company determines its jurisdiction for registration, for instance, an LLP with registered office in Delhi will come under the jurisdiction of Registrar of LLP, Delhi.

38.
Do I need to take a NOC from the owner of the registered address? What is the format?

Before an LLP occupies any premises as its registered address, a no-objection certificate must be obtained from the owner of the premises. Similarly, at the time of filing for LLP registration, we need a NOC from the current owner of the premises along with proof of ownership as explained above. to download the format of NOC, please click at https://www.setindiabiz.com/learning/format-of-noc-from-owner-of-registered-office-address-of-company/

39.
Can Coworking / shared office/ Virtual Office address be the registered address of the LLP?

A registered office is required to be declared at the time of LLP incorporation and to be maintained by the LLP, which must be capable of receiving and acknowledging all communications and notices as may be addressed to it. Further, the statutory records of the LLP also need to be maintained at the registered address of the LLP. Hence having a registered address at co-working space is not acceptable unless this is a lockable area.

40.
Can I change the registered office of my LLP?

The registered office of the LLP can very well be shifted to another place. The process of shifting the registered address within the state is straightforward and can be completed by filing Form 15 to the ROC. However, to shift the RO from one state to another involves a lot of processes.

41.
Can I keep my residential address as the registered address of the LLP?

There is no restriction on registering the LLP on residential addresses, so long you can provide the proof of the registered address and NOC from the owner of the premises.

42.
What is the obligation of the partner when there is a change in his address or Contact details?

The change in partners particulars of a partner of the LLP, such as name, address, phone number or email address, must be reported to the LLP within 15 days of such change. The partner of LLP if having been allotted a DIN number should file the form DIR-6 immediately to update the DIN database. After receiving the information from the respective partner, the LLP needs to file Form 4 to the ROC in case there is a change in the name or address of the partner.

43.
What are the annual compliance requirements for an LLP?

Every LLP needs to file two kinds of annual returns in general, the income tax return and ROC Returns. There are two ROC returns that have to be filed; Form 11 is the yearly return of the LLP, and Form 8 is the statement of solvency. Please refer to https://www.setindiabiz.com/llp-annual-compliance

44.
What is the penalty of not filing the LLP Agreement to ROC?

The LLP agreement is drafted and signed after the LLP registration process is complete. Take care that appropriate stamp duty on the LLP agreement is paid. We recommend you to get the LLP Agreement attested by a Notary public.

For LLP Agreement Registration Form-3 should be filed with the ROC within 30 days from the date of incorporation of the LLP. For the delay in filing the LLP agreement, there is an additional fee of Rs 100 for each day of delay. In case the LLP agreement is not filed at all then the relationship between the parties shall be governed by the schedule I of the LLP act.

45.
What is the purpose and fee for filing Form 3?

Form 3 is the prescribed form for filing the LLP Agreement with the ROC. Every time the LLP Agreement is amended, Form 3 needs to be filed. The government fee for filing the Form 3 is Rs 50/- Only

46.
What is the form to file an ROC Annual Return of the LLP?

The annual return of the LLP is filed before 30th May for the preceding year in the prescribed form 11. The ROC filing fee for Form 11 is Rs 50/- Only. This is a mandatory filing and is applicable for the LLP even if there is NIL business activity. However, for a newly incorporated LLP, you may escape the filing of Form 11 to next year provided the LLP is registered on or after 1st October of preceding financial year.

47.
What is Form 8, and its due date of filing?

Form 8 is the prescribed form for filing of the financial return of the LLP. The statement of solvency in form 8 is filed before 30th October for the preceding financial year. This is mandatory to all LLP irrespective of its turnover or scale of operations. However, if the LLP is incorporated after 1st October of the previous financial year, then the filing of Form 8 may be deferred to the next financial year.

48.
How to Close the LLP or Cancel the LLP Registration?

inactive or defunct LLP can be closed by filing FORM-24 to the ROC after paying all the liabilities of the LLP. Please refer to https://www.setindiabiz.com/winding-up-of-inactive-llp

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Important Articles on LLP Registration

What Are the Minimum Requirements for LLP Registration in India

What Are the Minimum Requirements for LLP Registration in India

How To Keep New Company or LLP Name

How To Keep New Company or LLP Name

Registered Office of Company in India

Registered Office of Company in India

Guide on Documentation for LLP Registration & Draft Formats

Guide on Documentation for LLP Registration & Draft Formats

LLP Agreement, Its Content & Draft Format

LLP Agreement, Its Content & Draft Format

Stamp Duty on Partnership or LLP Agreement of Several States

Stamp Duty on Partnership or LLP Agreement of Several States

Understand the Overall Cost of LLP Registration

Understand the Overall Cost of LLP Registration

Calculate LLP Registration Fee & Order Online

Calculate LLP Registration Fee & Order Online

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