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Minimum Requirements/Steps

  • Minimum 2 Partners
  • Minimum 2 Designated Partners
  • Atleast 1 of the designated partners shall be an Indian Resident
  • If a body corporate is a partner, it has to nominate a natural person as its nominee
  • The Partners and Designated Partners can be same person
  • There is no concept of share capital, but there has to be some sort of contribution from each partner
  • DIN (Director Identification Number) for all the Designated Partners
  • DSC (Digital Signature Certificate) for any one of the Designated Partners

Steps involved in Registration of Limited Liability Partnership (LLP)

STEP NO. STEPS TIME FRAME(Working Days)
1 Preliminary Documentation Discussion between BMC Team & the Promoters of the Company:
  • Ascertaining document requirement and availability
  • Preparation of signing documents by BMC
  • Signing of the Incorporation documents by Promoters
  • Sending the Signed document by Promoters to BMC
5

(Varies by the response time taken by the Promoters)

2 DSC (Digital Signature Certificate)

Getting DSC for any one of the Director for digital authentication of the Incorporation documents

1
3 DIN (Director Identification Number)

Approved DIN is a pre-requisite for incorporation process

1
4 Preparation of Main Object & Name Availability Search
  • Preparation of Main Object by BMC
  • The Promoters have to provide atleast 6 (Six) names in the order of priority
  • To make an online search of availability of names as desired by the Promoters
  • Confirmation of the draft main object & the final name
3
(Varies by the response time taken by the Promoters)
5 Application for Name Availability
  • Filing of Form 1 with the concerned ROC
5
6 Incorporation Process:
  • After ROC's approval for name of the Company, filing all the Incorporation documents with the ROC
  • Online uploading of e-Forms
  • Payment of Registration fees
  • Receiving Incorporation Certificate
5
7 Post-Incorporation Process:
  • Drafting LLP Agreement by BMC
  • Confirmation of LLP Agreement by the Promoters
  • Stamping of LLP Agreement
  • Filing of Form 3
5
(Varies by the response time taken by the Promoters)