Limited Liability Partnership Registration
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Limited Liability Partnership (LLP) Registration in Madhya Pradesh
Limited Liability Partnership is a type of business incorporation which is most suitable for small and medium enterprises or professionals. Online LLP Registration in Madhya Pradesh is the best choice for the small scale business owners and service providers planning to start a company in partnership. Go through the page to read about Online LLP Registration in Madhya Pradesh, Process, Documents required, Govt and Professional Fees, Time required, features.
LLP offers the benefits of both a partnership and a limited liability company, making it an attractive option for those seeking a flexible yet protected business structure. If you're interested in understanding the process of LLP registration in Madhya Pradesh, you've come to the right place.
Consult with Professional Utilities to get your LLP Registration online in Madhya Pradesh at just ₹6,499 in 7-10 working days.
LLP Registration Certificate[Sample]
Table of Content
- What is LLP Registration?
- LLP Registration in Madhya Pradesh - Overview
- Benefits of LLP Registration in Madhya Pradesh
- Checklist for LLP Registration in Madhya Pradesh
- Documents Required for LLP Registration in Madhya Pradesh
- LLP Registration Process in Madhya Pradesh
- LLP Registration Fee in Madhya Pradesh
- How Much Time is Required for Registering an LLP?
- Conclusion
- Frequently Asked Questions
What is LLP Registration?
The full form of LLP is Limited Liability Partnership. LLP is a business structure that combines elements of both a partnership and a limited liability company. An LLP provides its partners with limited liability protection, meaning their personal assets are safeguarded in the event of business debts.
In an LLP, the partners have flexibility in managing the business while enjoying the benefit of limited liability. This means that each partner is not personally liable for the debts or misconduct of other partners in the LLP. The liability of each partner is limited to their agreed contribution to the LLP, and their personal assets are generally protected.
LLP Registration in Madhya Pradesh - Overview
| LLP Registration Online in Madhya Pradesh | Details |
|---|---|
| Cost of LLP Registration Online in Madhya Pradesh | ₹8,499 |
| Time Required to Register LLP in Madhya Pradesh | 7-10 days |
| Documents Required For LLP Registration Online in Madhya Pradesh |
|
| Steps To Register LLP in Madhya Pradesh |
|
| Steps after Company is Registered |
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| Mode of Application for LLP Registration | Online Application |
Benefits of LLP Registration in Madhya Pradesh
Registering a Limited Liability Partnership (LLP) in Madhya Pradesh offers several advantages, making it a popular choice for businesses seeking flexibility, legal protection, and cost-efficiency. Here are the key benefits of LLP registration in Madhya Pradesh:
- Separate legal entity: An LLP is a separate legal entity from its partners. It is a major benefit that is not available for partnership firms.
- Limited liability: It helps in protecting the personal assets of the owners with limited liability protection.
- Lower cost: The cost of registering an LLP is comparatively lower than a private limited company.
- No minimum capital required: An LLP can be formed with the least amount of capital as there is no minimum capital requirement for forming an LLP.
- Minimal compliances: One of the key benefits of registering an LLP is lower compliance requirements. Mandatory criteria for annual compliances of an LLP are on the lower side as when turnover is less than 40 lakhs, LLP audit is optional.
Checklist for LLP Registration in Madhya Pradesh
Following are the requirements for incorporating an LLP in Madhya Pradesh :
- Minimum 2 Partners required
- DSC for designated partners
- DIN for designated partners
- Unique Name Approval for LLP
- Capital contribution by partners
- LLP agreement
- Address Proof of Registered office
Documents Required for LLP Registration in Madhya Pradesh
Given below is the list of documents required for LLP registration in Madhya Pradesh.
Identity and Address Proof of Directors/Shareholders
- Passport size photographs of the directors
- Copy of Aadhar Card
- Copy of PAN Card or Passport (in case of foreign national or NRI)
- Copy of latest bank statement and utility bill
Address Proof of Registered Office
- Copy of electricity/water/gas bill (not older than two months)
- Rent agreement with Aadhar card and PAN card of owner
- Property Tax Receipt / Sale deed / POA
- No Objection Certificate (NOC) from the owner of the property
- 3 GPS Based Photograph of Registred office
LLP Registration Process in Madhya Pradesh
Follow this step-by-step guide to register your LLP in Madhya Pradesh efficiently and complete the process smoothly and quickly.
Step 1: Apply for DSC
The first step in LLP registration is to obtain DSC for all the designated partners as the registration process of LLP is completely online. A DSC or Digital Signature certificate is required to sign the documents electronically for the registration of LLP in Madhya Pradesh.
Application process of DSC is completely online and it can be availed from the concerned authorities as soon as within 24 hours of application. Once the DSC is received, Form DIR-3 is to be filed with ROC for getting a DIN( Directors Information Number).
Step 2: Apply for DPIN
The next step is to apply for DPIN(Designated Partner Identification Number) for all the designated partners of the proposed LLP. The application of DPIN is made through filing Form DIR-3.
Step 3: Reserve Unique Name for LLP
To register an LLP, a unique name has to be approved through the RUN(Reserve Unique Name) facility provided by MCA. The proposed name for the LLP can be entered in the Name Search tool to check if there is any already registered LLP with the same or identical name.
You can also use our LLP Name Search tool to check for the name availability of the proposed LLP.
Step 4: File LLP Incorporation Form
In this step the application form for LLP which is called FiLLiP(Form for Incorporation of Limited Liability Partnership) is filled with the Registrar of Companies who has jurisdiction in the state where the LLP is registered.
This form also provides for the application of DPIN for all the designated partners. If the name is approved then the same name can be used to apply for the application of LLP.
Step 5: Filing of LLP Agreement
An LLP agreement is an important document as it governs the rights and duties of all the designated partners in the LLP. LLP agreement must be filed within 60 days of the LLP incorporation with the MCA.
The LLP agreement must be duly signed on a Stamp paper and the value of the stamp paper will vary from state to state.
By following the above mentioned steps you can easily register your LLP in Madhya Pradesh.
LLP Registration Fees in Madhya Pradesh
The total Registration fees for LLP Registration in Madhya Pradesh is ₹6,499 including Govt Fees as well as Professional fees of Professional Utilities.
| LLP Registration in Madhya Pradesh | Registration Fees |
|---|---|
| Digital Signature Certificate Fee | ₹1,000 |
| Government Fee(Stamp Duty) | ₹1,500 |
| Professional fee | ₹3,999 |
| Total Cost | ₹6,499 |
Charges applicable for DSC certificate would be paid directly to certifying agencies.
Note: The aforementioned Fees is exclusive of GST.
₹8,499
- LLP Incorporation Certificate
- DSC for Partners
- DPIN for Partners
- Stamp Duty Charges
- LLP PAN & TAN Application
- LLP Master Data
- LLP Agreement Drafting
₹15,999
- Basic Plan+
- GST Registration
- Auditor Appointment
- Commencement of business
- Issuance of Share Certificate
- MSME Registration
₹35,499
- Standard Plan+
- Trademark Registration
- Current Account Opening Support
- Annual Compliance
- Startup India Registration
How Much Time is Required for LLP Registering?
The total time required for LLP registration in Madhya Pradesh is around 7-10 working days which is subject to documents verification by MCA.
FAQs on LLP Incorporation in Madhya Pradesh
What is the Registration Fees of LLP Registration in Madhya Pradesh?
The registration fee for LLP companies in Madhya Pradesh is Rs 6,499 which includes DSC for minimum 2 members, 1 Lakh Authorised capital, Government Stamp duty as well as Professional Fees of Professional Utilities.
How to get LLP registration in Madhya Pradesh?
To get your LLP Company registration in Madhya Pradesh, you need to submit all the valid documents, submit govt fees and professional fees,
What documents are required for LLP Registration in Madhya Pradesh?
To register a LLP Company in Madhya Pradesh you need to provide with some of the basic documents such as Aadhar card, PAN Card, registered office address, DPIN, DSC etc.
What is the time required for LLP Registration in Madhya Pradesh?
The usual time required for LLP company Registration in Madhya Pradesh is around 7-10 working days, subject to the document validation from the concerned ministry.
What is the Process of LLP Registration in Madhya Pradesh?
The LLP registration process in Madhya Pradesh includes 5 steps which are getting DSC, DPIN, LLP Name Approval, LLP Incorporation Certificate and LLP Agreement.
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