Procedure, Document Checklist And Costs For LLP Registration

Registration Procedure

1. Obtaining Digital Signature Certificate for the Proposed Partners- Before you start the registration process, you need to apply for a digital signature of the designated partner of the proposed LLP. This is because all LLP documents are submitted online and require a digital signature. Therefore, the designated partner must obtain a digitally signed certificate from a government-approved certification body.
2. Obtaining Director Identification Number for the proposed Partners- You must apply for the DIN of all designated partners or partners who will become designated partners of the proposed LLP. Applying for DIN has to be done on Form DIR-3.
3. Name Approval from Ministry of Corporate Affairs(MCA)- LLP-RUN (Limited Liability Partnership-Reserve Unique Name) shall be submitted to reserve the name of the proposed LLP and shall be processed by the Central Registration Center under non-STP. However, we recommend that you use the free name search feature of the MCA portal before quoting your name in the form.
4. Filing Incorporation- The form used for registration is the FiLLiP (Limited Liability Partnership Registration Form), which should be submitted to the registrar that has jurisdiction over the state where the LLP's registered office is located. The form will be a comprehensive form.
5. Filing Limited Liability Partnership Agreement- (within 30 days from the date of incorporation of the LLP)- LLP agreements provide for mutual rights and obligations between LLPs and their partners. The LLP agreement must be submitted online in Form 3 on the MCA portal.

Processing Time- 20 days (Approx.)

Read About Increasing The Authorised Capital Of The Company. 

Document checklist

Mandatory Documents for Indian nationals

1. PAN Card: The LLP registration process requires a copy of the LLP's proposed partner's PAN card. It is issued by the Income Tax Office of India and is a unique identification number, PAN or taxpayer number.
2. Proof of address- Proposed partners must submit proof of address and proof of residence in addition to a copy of the PAN card. The submitted proof of address must contain the partner's name and current address as mentioned on the PAN card. The following documents serve as proof of address -

• Passport
• Election Card or Voter Identity Card
• Ration Card
• Driving License
• Electricity Bill
• Telephone Bill
• Aadhaar Card

1. Residential Proof- The residential proof is used to validate the current address of partner. Documents admissible as proof of residence for Indian national-

• Bank Statement
• Electricity Bill
• Telephone Bill
• Mobile Bill

Mandatory Documents for foreign nationals

Passport- For foreign nationals, the passport must be submitted as proof of identity. Passports must also be notarized in the country of issuance. If the document is in a foreign language, it is then translated by an official translator in English and notarized. In addition, if the passport does not have the holder's date of birth, additional documents indicating the partner's date of birth must be provided, duly certified or notarized.

Also read Know About The Annual Compliance Filings For LLPs. 
 

Address Proof- The foreign national must provide notarized proof of address. The name of the Partner as it appears in the passport, as well as the Partner's most recent address, must be included in the address proof. For foreign nationals, the document must also be less than one year old. The documents listed below are acceptable proof of address for a foreign country.

• Driving License
• Residence Card
• Bank Statement
• A government-issued form of identification containing the address.

Residential Proof: In addition to the address proof, a residential proof must be submitted throughout the LLP registration procedure to verify the Partner's present address. The residential proof, like the address proof, must include the name of the Partner as it appears in the passport and must be no more than one year old. Residential proof includes the following documents:

• Bank Statement
• Electricity Bill
• Telephone Bill
• Mobile Bill

Documents of LLP

Proof of Registered office

In addition to providing proof of identification, address, and residence address for the Partners, proof of the LLP's registered office address must be submitted. During the company registration procedure or within 30 days of incorporation, submit the following documents as proof of registered office.

• The Landlord's permission to use the premises as the company's registered office (as stated on the Electricity Bill, Gas Bill, Water Bill, Property Tax Receipt, or Sale Deed). This is commonly referred to as a Landlord's NOC.
• Proof of any utility service, such as telephone, gas, or electricity, that shows the address of the property in the owner's name or a document that is not older than two years.

Digital Signature Certificate: A digital signature certificate needs to be obtained by any one of the designated partners.

Also read The Removal Of A Company Director - Many Changes Are Painful.

Cost of Registration

Stepwise costs of the abovementioned process are given as follows-

Please note that the costs given above are estimations and not the exact costs that may be charged.

LLP Registration is important and needs to be done right in order to avoid any potential hassles or legal disputes.