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01 August 2023
LLP (Limited Liability Partnership) Company registration in Delhi provides a legal business entity that combines the flexibility of a partnership and the limited liability protection of a corporation. It leverages partners to jointly manage the business while safeguarding their personal assets. The process of LLP registration involves fulfilling specific requirements, completing an online application, providing necessary documents, paying applicable fees, and adhering to the processing time.
This blog will show you an overview of the LLP registration process, requirements, fees, and processing time in Delhi:
To specifically define, a Limited Liability Partnership (LLP) is a legal corporate entity that offers partners limited liability protection. It combines the benefits of a traditional partnership, where partners have the freedom to manage their business operation, while enjoying the benefit of limited liability.
Step 1. Get Digital Signature Certificate (DSC): Partners need to procure a DSC, which serves as a digital signature for online filing. It can be applied with the support of certified consultants in Delhi.
Step 2. File LLP Registration Form: Partners need to file Form 2 (Incorporation Document and Subscriber's Statement) online on the MCA portal. The form requires details of partners, registered office address, and other relevant information to be there.
Step 3. LLP Agreement: Partners must draft an LLP agreement that defines the rights, responsibilities, and profit-sharing ratios among partners.
Step 4. File LLP Agreement: Once the LLP agreement is prepared, partners need to file Form 3 (LLP Agreement) online on the MCA portal. They should have the necessary details and attachments.
Step 5. Payment of Fees: The applicable fees for LLP registration and filing the required forms need to be paid out online.
Step 6. Document Verification: The MCA or authorized authority will verify the submitted documents and may request additional information if necessary.
Step 7. Certificate of Incorporation: Upon successful verification, the MCA will issue a Certificate of Incorporation, confirming the registration of the LLP.
LLP Company registration in Delhi offers the advantages of limited liability and the flexibility of partnership. By fulfilling the requirements, including having a minimum of two partners, designating a partner with a valid DIN, and providing a registered office address, partners can proceed with the online registration process. This involves obtaining a Digital Signature Certificate, filing the LLP registration form, submitting necessary documents, paying the applicable fees, and adhering to the processing time. LLP registration provides partners with a secure legal structure to conduct business while enjoying limited liability protection.