How to Incorporate a New Limited Liability Partnership Registration India

How to Incorporate a New Limited Liability Partnership Registration India


Setting up your own business is one of the most important decisions you will make in your life. Getting informed about all the options available to you will help you make the right decision for your needs. One of the most popular options is a limited liability partnership. In this article, we will discuss the process of forming a new Limited Liability Partnership Registration India.

Limited Liability Partnership is a hybrid type of business entity that offers the benefits of a company and a partnership. The LLP allows its owners to share profits and losses with partners without being taxed separately. Additionally, the LLP limits the personal liability of its partners for the actions of the business.

When it comes to registering an LLP, the process is relatively simple. You can do so online on the MCA portal. The first step is reserving a name for your LLP. You can do this by quoting the proposed name and conducting a free name search to ensure that it is unique and not similar to any existing names. Once the name is approved, you can file Form 2 for the LLP's incorporation and subscription document. You will also need to pay the applicable stamp duty.

It is important to note that all designated partners must obtain their DIN before submitting their application for LLP registration. You can apply for DIN by filling out an online form. You will need to provide your PAN card & Aadhaar number to get your DIN. You can find a list of government recognized DIN certifying agencies here. In addition, you can also avail of Taxaj's LLP registration plan and get up to 2 DINs included in the package.

 

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