How To Register An LLP Company Online?
Embark on an Online LLP Venture in India with Limited Liability
Partnership. Our Profound Expertise in LLP Registration Guarantees
Comprehensive Assistance in the Following Areas: LLP Enrollment
Made Easy Simply complete our straightforward online LLP
questionnaire and submit the required documents.
1
Upon document submission, we'll furnish you with Digital
Signature Certificates (DSC) and Designated Partner
Identification Numbers (DPIN).
2
Once your chosen name is endorsed, you'll prepare
essential documents including partners' consents and
declarations of interest in other entities.
3
We'll meticulously review the information you've
provided, initiating the process for LLP name approval.
4
Upon successful LLP incorporation, you can anticipate
the prompt receipt of essential documents, including
your "LLP Certificate," PAN, TAN, and DSCs, from our
team.
Checklist: If your company qualifies for LLP in India
A must company, fulfill certain requirements, for it to be
enlisted as an LLP
Any company who has:
- Copy of PAN Card of partners
- Passport size photograph of partners
- Copy of Sale Deed/Property Deed (If owned property)
- Landlord NOC (Format will be provided)
- Digital Signature Certificate
- Copy of Notarised Rental Agreement
- Copy of NOC from the property owner
-
Copy of Aadhaar Card/ Voter identity card/ Driver’s license
as address proof
-
Electricity/ Water bill/ Telphone bill/ Latest bank
statement as proof of Registered Office (Business Place)
Key Points to Keep in Mind When Choosing an LLP Name
The Registrar of Companies (RoC) has issued specifying rules for
LLPs. You should meet the standards or your application may wind
up getting dismissed, prompting a much longer procedure..
Keep It Short and Memorable
Select a short, easy-to-remember name that sticks in
people's minds from the first hearing.
Connect to Your Business
Ensure your LLP's name relates to your business and fits
your brand. For example, "Lilliput" suits a kids' clothing
brand.
Be Unique
Avoid names identical to existing companies or trademarks.
Stay Clear of Blacklisted Terms
Words like abstracts, adjectives, and generic terms are not
allowed. Also, terms like "bank," "exchange," and "stock
exchange" are prohibited.
Check Trademarks
Ensure your chosen name isn't a certified trademark on "IP
India." If it is, you can proceed with a No Objection
Certificate (NOC) from the owner.
Be Descriptive
Opt for a name that gives a hint about your LLP's
characteristics.
Use "LLP" Suffix
Finish your LLP Company's name with "LLP" to indicate it's a
limited liability partnership.
Stay Legal and Respectful
Ensure the name is legal, non-offensive, and respects
religious beliefs and values, avoiding any harm to anyone's
dignity.
Penalties Provisions in LLP annual compliance default
According to the “Limited liability Partnership Act, 2008”, it
is compulsory to register for all the prescribed compliances
on an annual basis. There is a provision for a penalty, in
case of any failure in registering Form 8 and Form 11, for
reporting of the LLP’s financial statements and annual
returns. A fixed amount of Rs.100 per day, for each agreement
that is not registered. No maximum limit is specified
Every enrolled LLP is required to do Income tax return filing
with Annual filing. This filing should be done before the 30th
of September every year. After LLP registration, any LLP which
fails to meet this deadline will be imposed with a penalty of
Rs.5,000 and the filing must be done by 31st December of that
year. If the LLP fails to reach this deadline, then the
penalty amount will be double that is Rs.10,000.
Compliance Requirements Following LLP Company Registration in
India
After successfully registering a Limited Liability Partnership
(LLP), there are several compliance obligations to fulfill:
Immediate Post-Incorporation Compliances
-
Partnership Agreement Filing: Prepare and file the LLP
agreement with the Registrar of Companies (RoC) within 30
days of incorporation.
-
Apply for PAN & TAN: Apply for Permanent Account Number
(PAN) and Tax Deduction and Collection Account Number
(TAN) for the LLP.
-
Open Bank Account: Open a bank account in the name of the
LLP and complete the necessary banking formalities.
Annual Compliance Requirements after LLP Registration
-
1. Statement of Account & Solvency: File a Statement of
Account & Solvency within 30 days from the end of six
months of the financial year.
-
2. LLP Annual Return: File the LLP Annual Return within 60
days of the closure of the financial year.
-
3. Income Tax Return: File income tax returns for the LLP,
disclosing partners' income and LLP's income. The due date
for filing is usually September 30th of the assessment
year.