Starting a business with partners? A Limited Liability Partnership (LLP) is a great option—flexible, easy to manage, and offering limited liability protection. Here’s a quick walk-through of how to incorporate one.
1. Get Your Partners’ DIN & DSC Ready
Every designated partner needs a Digital Signature Certificate (DSC) and a Director Identification Number (DIN). These are essential for signing and filing documents online.
2. Choose a Unique Name
Propose your LLP name through the RUN-LLP service on the Ministry of Corporate Affairs portal. Make sure the name is unique and not too similar to an existing business.
3. File the Incorporation Form
Submit the FiLLiP form (Form for Incorporation of LLP) online with details like:
Proposed business activity
Registered office address
Partner details
This gets filed with the Registrar of Companies.
4. Draft the LLP Agreement
This document defines how your LLP will work—roles, profit sharing, rights of partners, etc. Once drafted, upload it in Form 3 within 30 days of incorporation.
5. Receive Your Certificate of Incorporation
Once everything is approved, you’ll receive the LLP Incorporation Certificate—and your LLP is officially born!
Final Tip: Keep your documents ready, choose your business partners wisely, and follow the steps in sequence. Incorporating an LLP is simpler than most people expect!
Pooja B S
+ 91 7760 252581
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