LLP Formation
A LLP can be incorporated with a minimum of atleast two partners who can be individuals or Body Corporate through their nominees. In total atleast two shall be Designated Partners, of which atleast one must be an Indian Resident.
Procedure
Apply to the concerned ROC to ascertain for reservation of name in LLP EFORM - 1 by providing six alternative name for the proposed LLP and its main object. If proposed name is not available, the user has to apply for a fresh name on the same application.
After the name approval the applicant can apply for Formation of the new LLP by filing the Incorporation Documents ine-forms 2 attaching the Subscriber's Statement and other mandatory attachment, within 3 Months from the date of name approval.
Submit the FORM LLP EFORM - 2 after attaching the digital signature.
After processing of the Form is complete and LLPIN is generated obtain Certificate of Incorporation from ROC within 14 days from the date of filing the Documents.
After obtaining the certificate of incorporation of LLP, submit the drafted and signedLLP agreement in LLP EForm-3 within30 from the date of formation of LLP as per Section 23 of LLP Act, 2008.