LLP Registration Process in India

Step 1: Procurement of Digital Signature Certificate (DSC)

LLP registration process in India is done online and hence the procurement of DSC for all the designated partners is mandatory. All documents
will be digitally signed using the DSC before submitting to MCA. Every designated partner should provide their PAN card, identity proof,
address proof and passport size photograph to apply for DSC.

Step 2: Acquiring Director Identification Number (DIN)

DIN is another mandatory document for all the designated partners of the LLP. The DIR-3 form is submitted for this process. DIN is allotted by
state ROC (Registrar of Companies) to respective Partners. Aadhaar and PAN cards with self-attested copies are required, along with the DSC of
the designated partners as well as the professional.

Step 3: Name Approval of LLP

In this stage, we will be selecting the name options for the company. For LLP, the RUN-LLP (Reserve Unique Name – Limited Liability
Partnership) form is filed on the MCA portal. Before submission, our team will check the name availability to make sure it’s absolutely unique
and there are fewer chances of them getting rejected due to some reason or the other. One can submit 2 name options for approval along with the
form. In case the names get rejected, you will get one more chance to submit 2 new name options.

Step 4: LLP Incorporation

FiLLiP (Form for incorporation of Limited Liability Partnership) is the next form to be filed to register an LLP company in India. If the
designated partners do not have DIN, this is where they can apply for it under this form. Once the FiLLiP is accepted, a certificate will be issued
which serves as legal proof to carry out business operations in India. Also, LLPIN (Limited Liability Partnership Identification Number), a 7
digit number is allotted to all LLP firms registered in India.

Step 5: Applying for PAN and TAN

PAN (Permanent Account Number) and TAN (Tax Account Number) are very important to legally carry out business operations and file the
compliances levied by the Government of India. A separate application is filed by the practising professional with forms 49A and 49B to get
PAN and TAN for the LLP.
Step 6: LLP Agreement
The LLP Agreement is a very important document that carries the rules and responsibilities of the designated partners in the company. For this,
Form 3 is filed on the MCA portal. It is mandatory to file it within 30 days of LLP registration otherwise additional fees is charged for the delay.
Once you get the agreement, it needs to be printed on stamp paper. Stamp duty is different in every state which is calculated based on the
authorized capital. (Kerala Stamp Paper Worth Rs.5000/-)

Documents required for LLP registration are of two types-

1. Documents for Partners –
ID Proof- The essential ID proof for partners is their PAN card.
o
Address Proof- Partners' address proofs may be in the form of an Aadhar card, voter ID, passport, or driver's licence. The name and other
o
information should exactly match what is on the PAN card.
o Residency Proof- Recent bank statements, phone bills, cell phone bills, energy bills, or gas bills should be supplied as residency verification
for partners.
o Photograph - Partners should also provide a passport-size photo of themselves, preferably against a white backdrop.
o Foreign nationals or NRIs must additionally produce proof of address, which might be a driver's licence, bank statement, residency card, or
any other government-issued identity evidence that includes an address.
2. Documents for LLP -
o Within 30 days of formation or at the time of registration, you must provide proof of your company's registered office address.
o If the registered office is leased, a rent agreement and a landlord's no objection certificate must be provided. The landlord's permission for the
LLP to utilise the location as its "registered office" will be expressed in a no-objection certificate.
o All utility bills, including those for gas, electricity, and telephone, must be presented. The bill should not be older than two months and should
include the full address of the property as well as the owner's name.
o Certificate for Digital Signature
LLP REGISTERATION COST
1. Registration Fees: The LLP registration fees in India vary depending on the authorized capital of the LLP. For example, for an LLP with
an authorized capital of up to Rs. 1 lakh, the registration fee is Rs. 500. For an authorized capital between Rs. 1 lakh to Rs. 5 lakhs, the
fee is Rs. 2000. The fee increases as the authorized capital increases. (Fees List Enclosed)
2. Professional Fees: It is advisable to engage the services of a professional such as a chartered accountant or a company secretary for
registering an LLP in India. The professional fees charged depend on the complexity of the process and the services required.
3. Stamp Duty: The LLP agreement must be printed on non-judicial stamp paper, and the amount of stamp duty payable depends on the
state where the LLP is registered. (Stamp Paper Worth Rs.5000/-)
4. Miscellaneous expenses: Other expenses incurred during the LLP registration process include notarization charges, fees for obtaining
digital signatures, charges for obtaining the PAN and TAN numbers for the LLP, cost of the Memorandum of Association and the cost of
setting up a company bank account.
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