Register Your Limited Liability Partnership Within 5 Working Days
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LLP Formation Documents Required
1. PAN Card of the Partners
2. Election Card/Driving Licence/Passport of the Partners
3. Bank Statement/Electricity Bill/Post Paid Mobile Bill of the Partners
4. Utility Bill of the proposed Registered Office of the LLP
5. No-Objection Certificate from the Landlord
6. Rent Agreement Copy between the LLP and the Landlord
7. Index 2/sale deed/possession letter
Why Your Start-up Should Be LLP?
Limited Liability Partnership (LLP) is a partnership in which some or all partners have limited liability. It therefore exhibits elements of partnerships and corporations. In LLP, one partner is not responsible or liable for another partner’s misconduct or negligence. This is an important difference from that of an unlimited partnership.
LLP is a body corporate and legal entity separate from its partners. It has perpetual succession.
Every Limited Liability Partnership shall use the words “Limited Liability Partnership” or its acronym “LLP” as the last words of its name.
Every LLP shall have at least two designated partners being individuals, at least one of them being resident in India.
Procedure of LLP Registration
The procedure for formation of LLP is very similar to that of a Private Limited Company incorporation procedure.
A minimum of two Partners are required to start the LLP formation procedure and a registered office location is required within India.
Step 1: File Run for name approval
Step 2: Document preparation and filing Fillip form for incorporation of LLP
Step 3: Drafting LLP agreement, payment of stamp duty and file it with Form 3