Legistify
1
2

Incorporation of Limited Liability Partnership

What are the steps to incorporate LLP?


195
Team Legistify
  1. Name reservation: The first step to incorporate Limited liability partnership (LLP) is reservation of name of LLP. Applicant has to file eForm 1, for ascertaining availability and reservation of the name of a LLP business.
  2. Incorporate LLP: After reserving a name, user has to file eForm 2 for incorporating a new Limited Liability Partnership (LLP). eForm 2 contains the details of LLP proposed to be incorporated, partners’/ designated partners’ details and consent of the partners/ designated partners to act as partners/ designated partners.
  3. LLP Agreement: Execution of LLP Agreement is mandatory as per Section 23 of the Act. LLP Agreement is required to be filed with the registrar in eForm 3 within 30 days of incorporation of LLP.

Upvote


Ask Your Legal Question Now

Ask a Query


Tags: Company Incorporation Legal Structuring

Have a Legal Issue?

Get connected to the Best Lawyers and Chartered Accountants Near You!


You might like reading these