Description
The process of Limited Liability Partnership (LLP) registration in India involves several steps mandated by the Ministry of Corporate Affairs (MCA). Firstly, prospective LLP partners must obtain Digital Signature Certificates (DSC) and Director Identification Numbers (DIN) for all designated partners. These electronic signatures are necessary for online filings and documentation. Next, partners must decide on a unique name for the LLP, following the MCA's naming guidelines. Once a name is approved, partners prepare and file Form-1 (Application for reservation or change of name) to reserve the name. Following name reservation, partners draft the LLP agreement outlining the rights, duties, and responsibilities of each partner and file it along with Form-2 (Incorporation Document and Subscriber's Statement) to register the LLP. The LLP agreement must adhere to the provisions laid out in the Limited Liability Partnership Act, 2008. For a smoother registration process, seeking professional assistance from services like SetIndiaBiz can provide expert guidance and ensure compliance with all legal requirements.
What is the Process of LLP Registration in India
