How to Incorporate a New Limited Liability Partnership
PrintListen to this Article
A Limited Liability Partnership may be incorporated as per the procedure explained below:
User Registration
Register yourself on the website of Ministry of Corporate Affairs, developed for LLP services, i.e. www.llp.gov.in . This website may also be accessed through the website of the ministry www.mca.gov.in On the home page of the URLwww.llp.gov.in click “Register” tab on top right hand corner of the page.
Fill in the registration form. Fields marked * in the form are to be mandatorily filled. Select your user name and password.
Upload digital signature certificate
On successful registration, system will give a message that you have been registered successfully.
Obtain Designated Partners Identification Number (DPIN).
All designated partners of the proposed LLP shall obtain “Designated Partner Identification Number (DPIN)” by filing an application individually online in Form -7.
For obtaining DPIN kindly log in by clicking on the “Login” tab on top right corner of the home page, enter your user name and password. After login, click on the E-forms link. List of e-forms will open. Click and open Form 7.
Fill up “Form 7” for allotment of DPIN
Pay filing fee of Rs. 100 online through credit card (master/visa)
Submit the application form online. The system will generate a provisional DPIN. Kindly note it carefully
Deliver the printed and signed application form, along with the prescribed documents by hand/courier/registered post to the Office of Registrar, Ministry of Corporate Affairs, 3rd Floor, “Paryavaran Bhawan”, CGO Complex, Lodhi Road, New Delhi-110003.
Digital Signature Certificate
Partner/Designated partner of LLP/proposed LLP, whose signatures are to be affixed on the e-forms has to obtain class 2 or class 3 Digital Signature Certificate (DSC) from any authorized certifying agency, details of which are available on the home page of the llp portal under the tab “Certifying Authorities”.
Reservation of name
Log on to the LLP portal by clicking the “log in” tab on the top right corner of the homepage and enter your username and password. After login, click “E-Forms” link.
Open Form-1 for reservation of name and fill in the details. Select name of the proposed LLP (upto 6 choices can be indicated).
Any partner or designated partner in the proposed LLP may submit Form-1.
Append digital signatures and submit the e-form
Pay the necessary fee by credit card (master/visa).
Free name search facility (of existing companies / LLPs) is available on MCA portal (hyper link available on LLP portal).The system will provide the list of similar/closely resembling names of existing companies/LLPs based on the search criteria filled up.
Details of minimum two designated partners of the proposed LLP, one of them must be a resident of India, is required to be filled in the application for reservation of name. Only individuals or nominees on behalf of the bodies corporate as partners can act as designated partners.
Check status of your application by logging on the portal.
For more details see Instruction Kit provided on the home page under “Users Guide” tab.
Incorporation of LLP
Once the name is reserved by the Registrar, log on to the portal and fill up Form-2 “Incorporation Document and Statement”.
Pay the prescribed registration fee as per the slab given in Annexure A of the LLP Rules, 2009, based on the total monetary value of contribution of partners in the proposed LLP.
Statement in the e-form is to be digitally signed by a person named in the incorporation document as a designated partner having permanent DPIN and also to be digitally signed by an advocate/company secretary/chartered accountant/cost accountant in practice and engaged in the formation of LLP.
On submission of complete documents the Registrar after satisfying himself about compliance with relevant provisions of the LLP Act will register the LLP, maximum within 14 days of filing of Form-2 and will issue a certificate of incorporation in Form-16.
You can check status of your application by logging on to the portal
For more details see Instruction Kit provided on the home page under “Instruction Kit” tab.
Filing of LLP agreement (Form-3) and Partners’ details (Form-4)
Category : Students Zone | Comments : 0 | Hits : 428
NMC Notifies Medical Education reform 2020 The National Medical Commission (NMC), with an of aim affordable medical education has notified its first major regulation titled as 'Minimum Requirements for Annual MBBS Admissions Regulations 2020 to replace the Minimum Standard Requirements for Medical Colleges, 1999 of the erstwhile Medical Council of India (MCI). Applicability: applicable to all new medical colleges proposing to be established, and to the established medical col...
First let us tell you few facts about exams CA CS CMA examinations before moving on to the tips regarding its planning and preparation. ICAI established in the year 1949, has around 2.10 lakh members at present. More than one lakh students join the Chartered Accountancy course every year. ICSI established in the year 1980, has around 62,000 members at present and around 3.5 Lakhs students on the roll of ICSI. ICMA established in the year 1959, has around 70,000 member...
The most feared step in every student’s learning process is the exam. The two terms: ‘exams’ and ‘stress’ go hand in hand. When it comes to the preparation of national level examinations like CA, CS and CMA, students have a great challenge ahead of them because of various factors such as difficulty of the examination, competition, extremely less passing percentage, etc. Due to these reasons, the entire journey from being a student to being a professio...
Passing CA Exam and becoming CA is the dream of every CA Student. The Dream is not only of student but it is of many more associated with him/her like Parents, Relatives, Friends, Teachers, Neighbors, GF, BF, Spouse and Rivals too (Rivals prey for their failure). For fulfilling this dream Students do hard work day and night, study late, prepares notes, do brain storming and many more uncounted efforts but few of them able to crack the same. Why? A Student asked from himself/herself after result...
One Life…….Many Struggles A lot of people already predicted that this article is related to their own lives because they can easily relate themselves with the word in heading above “Struggles” Actually, the reason behind writing this article is just to pen down my own view on this word because I am suffering with this word too. Yesterday, I was talking to my friend and was telling her about my family, and then suddenly I told her “I lived a life full of struggl...
Comments