The Limited Liability Partnership (LLP) is introduced from 31st March 2009. It makes a new corporate business structure called ‘LLP‘ or ‘Limited Liability Partnership’. A LLP gives many advantages of the Private Limited Company while being easier to keep confirmations. The Limited Liability Partnership (LLP) comes with easy maintenance and low registration fees. It makes first choice for many of the small business in Coimbatore. The LLP company registration process is give below.
Foreign Limited Liability Partnership Means
- Which is registered, formed or incorporated outside India.
- Which starts a place of business within India.
LLP Company Registration
The procedure for LLP registration is very similar to Private Limited Company registration process. The minimum number of two partners are required to start the LLP incorporation procedure. A registered office is required within India. An LLP includes two important sections namely the company and partnership. Every limited liability partnership have the last words of its name as “limited liability partnership” or “LLP”
Requirements for LLP
- The LLP shall have two designated partners.
- One of the designated partner shall be resident in India.
- All designated partners of the proposed LLP shall obtain (DPIN), which includes (DIN).
- One of the designated partners who have digital signature certificate (DSC).
DIN or DPIN
First you need a Director Identification Number (DIN) or Designated Partnership Identification Number (DPIN). It is compulsory for every directors of the company.
LLP registration documents required
To register a LLP in Coimbatore, the following documents are needed :
- Identity proof
- Address proof
- PAN Card
- Utility Bill for your LLP.
- No-Objection certificate
- Copy of rental agreement.
Digital Signature Certificate (DSC)
For getting DIN (Director Identification Number or Designated Partner Identification Number) for the Partners of the Limited Liability Partnership. A digital signature certificate (DSC) is essential for the designated partners. The DSCs are normally issued with one to two years validity. The digital signature certificate (DSC) can be earned within one day of registering of the DSC application with Corpstore Business Solutions.
Designated Partner Identification Number (DPIN)
Once, the digital signatures are get their partners, application for Director Identification Number (DIN) can be form. The Director Identification Number (DIN) registration commonly happens immediately. Each person can have only one DIN.
Obtaining Name Approval
After, obtaining the (DPIN), application for reservation of name can be made to the Ministry of Corporate Affairs (MCA). Once the application for reservation of name is submitted tho the Ministry of Corporate Affairs (MCA). It will be processed by the (ROC) Registrar of Companies in the State of registration.
Filing for Incorporation
Once the name is approved by the (MCA) Ministry of Corporate Affairs. The LLP name approval letter will be send to the proposed partners. The required incorporation documents must file within 60 days. The LLP registration is acceptable, the Registrar will provide the incorporation certificate. The partners of the LLP have to file within 30 days of the Partnership Agreement of the LLP. If the partners are not registered within 30 days, a fine will be applicable.
For LLP formation in Coimbatore visit Corpstore Business Solution.
LLP formation in Salem click here
For LLP formation in Madurai click here
LLP formation in Chennai click here