Step 1: Apply for a digital signature certificate:

For the LLP registration process, a digital signature certificate is important, and apply for it. It needs to be available with all the proposed designated partners. These are important for filling out the LLP registration and tax returns along with ROC compliance forms.

Step 2: Name approval:

Look out the name you wish to have to your LLP. The name of the approval form will be filed out through ROC through LLP run facility, which is right there on the MCA portal. Two names will be available through this method, and a maximum of 3 working days are required for the approval and registration of the name.

Step 3: Filing of incorporation application:

When the name has been approved for the LLP, incorporating the application is important to be filed out. On the MCA website, it will be filled out, and you need to pay fees. The incorporation application has the details considering the proposed designated partner and the document as attachments. It will be filed through the registrar who has jurisdiction over the state and also a registered office in the situated LLP.

Step 4: File limited liability partnership agreement:

A partnership agreement is also important, and the applicant needs to submit a duly notarized partnership agreement in form 3 on the MCA portal. Within 30 days of incorporation, it needs to be submitted because if it gets late, the same would be rejected, and the whole process needs repetition. When this gets complete, a receipt of a certificate of registration from MCA will be issued.

Step 5: File PAN application:

For the newly registered LLP, PAN is integral and provides all the details and relevant documents for the same.

Step 6: Bank Account

Finally, you are all set to open the LLP bank account and start your financial transactions.