Reliable - One Person


Limited Liability Partnership Act, 2008 brought with itself the concept of LLP .The benefits of LLP are that it is simple to maintain & it provides the privilege of limited liability to the owners. Thus combines the benefits of both company & partnership into a single organization. One partner is not responsible or liable for another partner’s misconduct or negligence. Therefore, all partners have a sought of limited liability for each individual’s protection within the partnership, similar to that of the shareholders of a corporation.
The only difference between the company and the LLP is that, the partners have the right to manage the business directly. Also the personal assets are free from the errors, omissions, incompetence, or negligence of the LLP’s employees or other agents. Thus, LLP is one of the easiest forms of business to incorporate and manage.

Minimum Requirement for LLP

  • Minimum two person as partner
  • Minimum Capital shall be Rs. 10,000
  • DIN for the all the Partners
  • Digital Signature for all the partners
  • Consent From the partners
  • Proof of Registered Address
  • NOC from the owner of premises

Document Requirement for LLP

  • Latest Color Photo of all the partners
  • Pan Card of the all the partners
  • Address Proof of all the partners. In case Premises is taken on Rent / Lease, Rent agreement will also be required.
  • Signature on the DSC Form
  • Signature on Affidavit for DIN
  • Signature on Consent form
  • Signature on Subscriber Sheet

Procedure for LLP Registration

Obtaining DSC and DPIN

It takes around 14-20 days to incorporate a LLP at Reliable Innovative which may vary subject to the processing time & whether the proposed partners have their DSC & DPIN ready or not which basically takes around 5-7 days.

Name Approval

Name Approval can be obtained in 5 to 7 working days subject to availability, guidelines, processing time, etc wherein application for Name Approval is filed in Form-1 along with the proposed names of maximum 6 & minimum 1 person with the MCA.

LLP Incorporation

After the name is approved, the LLP Agreement is drafted & sent MCA Approval along with Form-2, Form-3, Form-4 & Form-9.MCA will generally approve the application for incorporation in 5 to 7 days, subject to their E-forms processing time &filed in proper order.

Information required for DIN