Requirements

• Minimum Partners: At least two designated partners, one must be a resident of India.
• Designated Partner Identification Number (DPIN): Required for all designated partners; can be applied for via the MCA website.
• Digital Signature Certificate (DSC): Necessary for at least one designated partner for electronic filings.
• Name Approval: Choose a unique name and apply through the LLP-RUN service.
• Registered Office: Must provide an address with documentation (utility bill, rental agreement, or ownership proof).
• Incorporation Documents: Draft the LLP Agreement outlining partners’ rights and duties. Fill out Form FiLLiP for incorporation.
• Capital Contribution: Provide details of each partner’s contribution (cash or kind).
• KYC Documents: Identity and address proof for all partners (e.g., Aadhaar, PAN, passport).

Fees

• Registration Fee:
  • Up to ₹1 lakh capital: ₹500
  • ₹1 lakh to ₹5 lakhs: ₹2,000
  • Above ₹5 lakhs: Progressive fees up to ₹10,000 or more.
• Other Costs:
  • Professional fees (if hiring a CA or CS).
  • Digital Signature Certificate (DSC) fees (usually ₹1,000-₹3,000).

Procedure

1. Obtain DSC for at least one designated partner.
2. Apply for DPIN for all designated partners.
3. Apply for name reservation through the LLP-RUN service (approximately ₹1,000 fee).
4. Prepare incorporation documents and collect KYC documents for all partners.
5. Submit Form FiLLiP along with necessary documents and fees to the Registrar of Companies (ROC).
6. Upon approval, the ROC issues a Certificate of Incorporation.
7. Submit the LLP Agreement within 30 days of incorporation.

Timeline

The entire process can take about 7-15 days, depending on the ROC’s processing speed and the accuracy of submitted documents.

Note:

Consult a professional for specific guidance tailored to your situation, and always check the latest requirements on the MCA website.