How to Incorporate a New Limited Liability Partnership Registration India

How to Incorporate a New Limited Liability Partnership Registration India



Running your own business is a great feeling, but it also requires a lot of hard work. Making informed decisions is vital to ensuring the success of your business, and choosing the right structure is one of those crucial choices. There are many different options when it comes to the structure of your company, and a Limited Liability Partnership (LLP) is an increasingly popular option. LLPs are a hybrid form of company that provides the benefits of partnership with the protection of a corporation.

The process of forming an  Limited Liability Partnership   is simpler and faster than that of registering a private limited or a public limited company. Moreover, an LLP has the flexibility to raise funds from outside investors. Also, it does not require any minimum capital requirement before incorporating.

To register a new LLP, you need at least two designated partners who are residents of India. The next step is to draft the Memorandum of Association and Articles of Association, which are essentially the legal skeleton of your company. Once these documents are ready, they can be filed via the SPICe Plus website on MCA's website. 

To make the process faster and easier, all of the necessary documents should be digitally signed. This can be done using a Digital Signature Certificate, which is available from a variety of government recognized certifying agencies.Once the registration is complete, the LLP will be issued an LLPIN and a Certificate of Incorporation will be provided.  Additionally, all of the designated partners must apply for their Director Identification Number (DIN) by filling out Form DIR 3, which is available from a government recognized certifying agency. Once the DIN is approved, it can be used for all of the online forms that need to be filled out during the LLP registration process.

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