1.Two Digital Signature (DSC) and DIN
2.Name Approval of the Company
3.MOA & AOA + Certificate of Incorporation
4.PAN and TDS number for the Company
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LLp registration are required to operate companies or startups that are starting with partnership with mutual acknowledge that they alright with operating as partner in company,whether you are a person looking for operating in groups ownership having status of co founders or owners having stakes
Mutual rights and participation of the partners within a LLP are checked by an agreement between the partners or between the partners and the LLP . The LLP, however, is not relieved of the liabilty for its other course of action as a separate legal entity.
Further, no partner is responsible on account of the independent or unauthorized actions of other partners, thus individual partners are shielded from joint liability created by another partner’s bad business decisions or misconduct.
A Limited Liability Partnership (LLP) can be registered in India, by at least two persons, who shall act as the designated partners of the LLP. There is no cap on the maximum number of partners in an LLP form of business.
One designated partner of the LLP must be resident in India. A person is said to be resident if he or she stays in India for at least 182 days during the preceding financial year irrespective of their citizenship. The days of stay can be in phases.
The LLP can be incorporated with any amount of capital as per your business requirements, there is no maximum limit on the capital which can be invested in the LLP. However, the minimum capital can not be less than Rs. 10,000/-
The proposed name of an LLP should not resemble any existing company or LLP Name. Further you must check the trademark registry to ensure that the name does not match with any registered or applied trademark in India.
As the application for LLP Registration is filed online, the process starts with the issuance of the digital signature of class-2 for the partners.
To reserve the name of LLP, an online application is made in Form RUN-LLP. The process of name reservation for LLP takes around 2-6 days.
After LLP name approval, an application for incorporation is filed in Form FiLLiP to the ROC with partners documents & the registered address.
Post registration of the LLP, the partners need to enter into a valid agreement on stamp paper of appropriate value as per respective state.
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Any individual, company or foreign national can be a partner in an LLP.
LLP partner is a general term. Any no. of people can be appointed as a partner but at least 2 people must be named as a designated partner. Designated partners are responsible for doing all the necessary act and make sure that all the provisions are adhered to and compliances are done on time.
Yes, it is possible to register a Limited liabilty Company at a commercial or residential place by providing the sufficient proof.
No, commercial office space is not required. You can show your own residential or rented home address as the registered office address of the Company.