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.
