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Procedure to register LLP

Procedure to register LLP

Introduction:

LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership.

The LLP can continue its existence irrespective of changes in partners. It is capable of entering into contracts and holding property in its own name.

The LLP is a separate legal entity, is liable to the full extent of its assets but liability of the partners is limited to their agreed contribution in the LLP.

Further, no partner is liable on account of the independent or un-authorized actions of other partners, thus individual partners are shielded from joint liability created by another partner’s wrongful business decisions or misconduct.

Procedure to register LLP

Step 1:- Acquire the DPIN of desired Partners

Step 2:- Acquire the Digital Signature of one of the desired Partner

Step 3:- Registered DPIN and DSC with LLP website

Step 4:- Check the availability of name from which partners want to make

LLP Step 5:- Download the Necessary Form  (Form 1,2,3 & 4)

Step 6:- upload these form to LLP Website

Step 7:- track the status

Step 8:- Receipt the Certificate

Step 9:- LLP is ready for function

Procedure to register LLP

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