Limited Liability Partnership
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Registering a Limited Liability Partnership Company through URBANFILTERS
LLP Registration in India has become an alternative form of business that provides the advantages of a Company and the flexibility of a Partnership firm into a single organization. The Concept of LLP in India was introduced back in 2008 by the Limited Liability Partnership Act of 2008. This unique hybrid is suitable for setting up small, and medium-sized businesses.
Please follow the steps below and upload the following documents.
It is very easy to manage and incorporate a Limited Liability Partnership in India. To register an LLP minimum of two partners is required, there is no upper limit as such. The LLP agreement states the rights and the duties of the Partners. In an LLP one partner is not responsible for the misconduct and negligence of the other partner. The partners are responsible for the compliances and all the provisions that are specified in the LLP agreement.
Find if the business name can be registered with MCA in India
To register a company in India, the first step is to obtain name approval for the business from the Ministry of Corporate Affairs (MCA). This process takes about 24-48 hours. A private limited company name in India must end with the words private limited. One Person Company ends with (OPC) private limited. LLP end with LLP and Section 8 companies can end with words like foundation, association, or institution.
A company name proposed to be registered cannot be identical or similar to an existing company name. Also, every company name must include a word that denotes the activity undertaken. For example, in VERVE Financial Services Private Limited – Financial Services denote the activity undertaken.
Documents Required For OPC Registration
- PAN Card
- Passport/ Voters Identity Card/ Ration Card
- Driving License
- Electricity Bill/ Telephone Bill
- Aadhaar Card
- Bank Statement
- Sale Deed Copy
- Lease / Rent Agreement
- MOA Subscriber Sheet
- AOA Subscriber Sheet
- Passport Size Photo
- Recent Utility Bill
- Business Place