Overview - LLP Registration Bangalore
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LLP Registration in Bangalore
A Limited Liability Partnership (LLP) is a form of business that offers the combined features of ‘Partnership’ and ‘Limited Company’ business structures. This business form was introduced in India in April 2009 with the enactment of the Limited Liability Partnership Act, 2008.
Limited Liability Partnership is a trusted and visible business structure in India. LLP in India is registered under the LLP Act 2008.
Bangalore is the fastest growing city in India with a population of over 10 million. The unique benefits of Bangalore is the availability of large pool of technology professionals. Majority of global technology company have presents in Bangalore including Google, Microsoft, Amazon.
For the past 11 years, Bangalore witnessing a boom for start-ups. Now, with better infrastructure, Bangalore is ahead in new business. Talents accrues the country, migrating to Bangalore for starting a new business.
The start-ups prefer for company registration in Bangalore. On an average, 50 companies are getting registered daily in Bangalore.
LLP Registration in Bangalore is an online process with Companiesinn. With over 11 years experience in online LLP registration in Bangalore with an affordable rate to startups, we have helped more than 20000 startups across India. Now with the help of our online order processing tool, we make registration of LLP in bangalore and anywhere in Bangalore more affordable and accessible to every aspiring entrepreneur at the comfort of your home.
LLP registration in Bangalore is regulated by the Limited Liability Partnership Act, 2008, and administered by the Ministry of Corporate Affairs (MCA), Registrar of Companies, Bangalore and is processed at the Central Registration Centre (CRC).
Central Registration Centre (CRC)
Today, LLP registration process in bangalore and other regulatory filings are paperless; documents are filed electronically through the MCA website and is processed at the Central Registration Centre (CRC).
LLP Registration process in Bangalore is completely online. Upon completing all registration formalities, the Registrar of Companies’ issues a digitally signed Certificate of Incorporation (COI). Electronic certificates issued by the ministry can be verified by all stakeholders on the MCA website itself.
Incorporating an LLP in Bangalore is a systematic process of collection and submission of details required as per the requirements of Limited Liability Partnership Act, 2008 and as per the process defined by the Ministry of Corporate Affairs from time to time. Management of the process requires in-depth knowledge of legal requirements and not to mention, practical experience of the same.
Requirements for LLP Registration in Bangalore
There are certain prerequisites to registering a LLP in bangalore.
Basic requirements for LLP registration in Bangalore are given below:
To register an LLP in bangalore, there should be a minimum of two partners. The first partner(s) of LLP should execute the Incorporation documents for registering the LLP.
2. Designated Partners
An LLP should have a minimum of two ‘Designated’ partners who are individuals and at least one of them should be resident in India. Only individuals can be designated as partners in an LLP. Where a corporate body is one of the LLP partners, it should nominate an individual as a Designated Partner.
Where a new LLP is registered by two or more existing Companies or LLPs, the promoter Company or LLP can nominate individuals as Designated Partners of the new LLP. An individual should hold a valid DIN to become a Designated Partner of an LLP.
3. Digital Signature Certificate
All filings including are made through the MCA online application system, appended with a valid Digital Signature Certificate (DSC).
4. LLP Name
The name structure of an LLP is Name (Noun/Coined Word) + Activity Word + LLP. For eg. CompaniesInn Consulting LLP. Proposed LLP Name shall comply with the LLP Name Availability Guidelines under LLP Act/ Rules.
You can check the LLP name availability in bangalore and make sure there is no LLP or LLP name already registered the same or similar name that you propose.
How to select a LLP Name in Bangalore? : Selection of an LLP or LLP is the most unpredictable task in the process of starting a LLP and LLP. Naming of a Business by a promoter is a logical decision and approval of the name by the office of the Registrar of Companies is a legal decision.
How to select a LLP or LLP Name in Bangalore is a logical process an entrepreneur has to carry out before starting the process of LLP Registration in Bangalore
5. Share Capital
The term Share Capital in a LLP means the amount invested by the partners of the LLP for running the business.
There is no minimum capital requirement for registering a LLP. However, the registration fee payable to the Registrar of companies depends on the different slabs of Capital Contribution of the LLP.
6. Registered Office Address of LLP
Registered Office of LLP in Bangalore refers to the official correspondence address of an LLP or its principal place of business. The address of the Registered Office will be used for all official communications of the LLP.
LLP Registration Fees in Bangalore
LLP Registration Fee depends on the Capital Contribution of LLP. Check the LLP Registration Packages for Karnataka
Foreign Direct Investment (FDI) in LLP
FDI is permitted in LLPs operating in business activities where 100% FDI is allowed through the automatic route. FDI in LLPs will not be allowed in sectors such as agricultural/plantation activity, print media or real estate business.
First LLP Registered in India*
CompaniesInn holds the record of registering the First LLP in India through the online filing system of MCA way back on 24-04-2009 (CompaniesInn Consulting LLP; LLPIN:AAA-0002)
LLP Registration Office in Bangalore
Registrar of Companies, Bangalore, Bangalore (ROC, Bangalore, Bangalore) is the governmental authority for Company Registration and LLP Registration and regulation of Limited Companies and Limited Liability Partnership (LLP) in Bangalore State.
Registration and regulatory administration of LLP and LLP in India are regulated by the Limited Liability Partnership Act 2008 and administered by the Ministry of Corporate Affairs-MCA through the Offices of Registrar of Companies (ROC) in each State.
Address of Registrar of Companies, Bangalore (ROC Bangalore) - Bangalore
Registrar of Companies, Bangalore Karnataka, 'E' Wing, 2nd Floor, Kendriya Sadana
Phone: 080-25633105 (Direct), 080-25537449/25633104 | Fax: 080-25538531
How to check LLP Registration in Bangalore
Details of LLP Registered in Bangalore, Maharashtra can be found at the website of the Ministry of Corporate Affairs-MCA
Type a few letters of LLP name in the finder window and do a search first find the Limited Liability Partnership Number (LLPIN). If the LLP is registered, the names will be listed on the page. Select the required LLP name and you will get the details about the LLP.
CA or CS Services for LLP Registration in Bangalore, Bangalore
CompaniesInn is a team of Company Secretaries (CS) and Chartered Accountants (CA) and Lawyers for Company Registration and Business Start-up Consulting & Structuring, Investment Advisory & Funding, Due Diligence and Business Valuation, Regulatory Compliance, Protection of Intellectual Property, Merger & Amalgamations, Insolvency & Bankruptcy and Business Exit Services.
Get your Company/LLP Up in 7 days
Companiesinn is the only online legal service provider have the ability to evaluate legal questions and advise without human intervention.
LLP Registration - Bangalore | Karnataka - Requirements
LLP Registration Process in Bangalore
LLP Name Application
The applicant has two options to proceed with LLP Name Application.
Option 1. Get the LLP Name Approval under RUN Application process and proceed with File an application for LLP name approval first and then go for LLP Registration; or
Option 2. File the Integrated LLP Registration Form.
The LLP name can be reserved through E-Form FiLLip (Form for Incorporation of Limited Liability Partnership) incorporation process. In case of name application through E-Form FiLLip, only one name can be submitted for approval. However, if the first applied name is rejected, the application can be resubmitted 2 more times with alternate names.
Preparation and Filing of LLP Incorporation Documents in Bangalore with MCA:
Under the E-Form FiLLip incorporation process, LLP Incorporation Process in Bangalore consists of preparation and filing of E-Form FiLLip - Form for Incorporation of Limited Liability Partnership
All the documents executed / notarised / attested as per documentation requirements has to be attached to the E-Form FiLLip and the e-Form has to be digitally signed with the Digital Signature Certificate (DSC) of one of proposed partners.
Processing of e-Forms by the office of Central Registrar of Companies - Bangalore
The Central Registration Centre (CRC) processes the application and if found the details / documents are in order, the Central Registrar of Companies shall register the LLP and issue the following:
1. LLP Incorporation Certificate
2. DIN for Designated Partners
After registration of LLP, the partners have to execute an LLP Agreement and shall file LLP Agreement with office of ROC within 30 days from the date of LLP registration.
Documents Required for LLP Registration in Bangalore
To get the LLP registered in Bangalore, you need to provide below documents. The documents can be submitted through online
ID & Address from Designated Partners and partners
Partners and Designated Partners have to submit Identity Proof and Latest address proof
- 1. Primary ID - Permanent Account Number (PAN)
- 2. Additional ID - Aadhaar Card or Driving License
- 3. Latest Address Proof: Telephone Bill or Voter Identity Card or Passport or Electricity Bill or Bank Statement or Bank Passbook with latest entries
Documents to be Signed by all Partners & Designated Partners
LLP Incorporation Subscription Sheet witnessed by a Professional such as Company Secretary / Chartered Accountant / Advocate
- - Consent to Act as Partner / Designated Partner: Form Form-9
- - Details/Information for DIN
- - Application for Digital Signature Certificate (DSC)
- - Declaration of DIN (If DIN is allotted already)
Registered Office – Address
- No-Objection Letter from the owner of the Property
- - Address Proof – Electricity bill
What You Get From CompaniesInn LLP Registration Services?
You will get a comprehensive list of services for LLP Registration in Bangalore with registrations certificates and primary documents requirements to start the business with peace of mind.
Submit your details and check the Packages.
The following documents are required on a case to case basis:
- NOC for Use of Name from Trademark owner
- Resolution and NOC from an existing LLP / LLP for user of similar names Declaration for complying sectoral regulatory compliance
Advantages of LLP Registration Bangalore
Better Business Credibility and Acceptance
LLP is the credible and accepted business organization across the business world as its structure is well known o the business community and public.
Ease of attracting Customers and Vendors
LLP can attract more Customers. Also, Corporate customers, Vendors and. Agencies prefer to work with a Company / LLP than a Partnerships or Proprietorship.
Ease of Fund Raising from Investors
LLP is the best business model for structuring investments with specific requirements and differential profit ratios.
Ease of attracting Employees
Talented workforce prefer to work with organised business setups.
Risks for Business Liability
An LLP is a liability organization. The partners liability is to the extent of shares held in the LLP and ends once he pays for the share.
Protection of Personal Assets to owners
Since the liability of owners is , their personal assets are protected against business risk as the LLP's liability is not the owner's liability. partners and Designated Partners of LLP are not personally responsible for business liabilities unless th