What Are the Procedures for Formation of LLP in India

What Are the Procedures for Formation of LLP in India



LLP, a legal entity separate from its partners, can acquire or dispose of any kind of property and sue or be sued in its own name. However, it can do so only after its incorporation. To be incorporated, LLP must submit a few important documents like the application form, copy of DIN (Designated Partner Identification Number) for every designated partner if they do not have a DIN, subscriber sheet, proof of registered office, and copies of Aadhaar and PAN cards with self-attested signatures of the designated partners.

Incorporation of LLP is very simple and can be done online with the help of FilingPoint.com, which has experts well-versed in the legislation who have assisted many companies just like yours to set up their business. They have simplified the process of registering an LLP through an easy, user-friendly personalised dashboard which can be used on your mobile or desktop.

The process of LLP registration includes filing of Form FiLLiP with the Registrar overseeing the state where the LLP's registered office is located. The Registrar will then issue the Certificate of Incorporation which will mention the PAN and TAN allotted to the LLP.

A LLP also has to file the LLP Agreement which specifies the rights and duties of all the partners. It is required to be filed in Form 3 online on the MCA portal within 30 days of LLP registration. This agreement must be printed on stamp paper with a value which is different for every state.

 

Tel:+917299972500

info@filingpoint.com

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