1. What are the registration formalities relating to LLPs?
LLPs shall be registered with the Registrar of Companies (ROC) (appointed under the Companies Act, 1956) after following the provisions specified in the LLP Act. Every LLP shall have a registered office. An Incorporation Document subscribed by at least two partners shall have to be filed with the Registrar in a prescribed form. Contents of LLP Agreement, as may be prescribed, shall also be required to be filed with Registrar, online.
Contents of LLP Agreement or any changes made therein, if any, may be filed in Form 3 and details of partners/designated partners may be filed in Form 4 in accordance with LLP Rules, 2009. If you apply for LLP registration with us, you will not have to worry about any formalities we will do every formality for you.
2. Whether foreigners can incorporate LLP?
Yes, the LLP Act 2008 allows Foreign Nationals including Foreign Companies & LLPs to incorporate a LLP in India provided at least one designated partner is resident of India. However, the LLP/Partners would have to comply with all relevant Foreign Exchange Laws/ Rules/ Regulations/ Guidelines.
3. What are the broad provisions of the Act in respect of names of LLPs?
Every limited liability partnership shall have either the words “limited liability partnership” or the acronym “LLP” as the last words of its name. LLPs would not be given names, which, in the opinion of the Central Government, are undesirable. Registrar would be under obligation to follow such rules, which would be framed by the Central Government in connection with allotting names to LLPs. There are also provisions in respect of ‘rectification of name’ in case two LLPs have been registered with the same name, inadvertently.
4. For what period a name can be reserved by Registrar?
The name can be reserved by ROC on approval of Form 1, for a period of 3 months from the date of intimation by the Registrar. However, Foreign LLP/Companies have an option to reserve their existing names, under which they are operating outside India, for a period of 3 years in India, which can be further renewed on application to Registrar in Form 25.
5. Can LLP give any other address (besides its registered office) for the purpose of receiving communication from Registrar?
It has been provided in the Act that a document may be served on a LLP or a partner or designated partner by sending it by post or by any other mode (to be prescribed under Rules) at the registered office and any other address specifically declared by the LLP for the purpose in such form and manner as may be prescribed (in the rules). Thus, an LLP shall have option to declare one more address (other than the registered office) for getting statutory notices/letters etc. from Registrar.
6. How can I apply for a company name?
You can apply online for company name at LegalRaatsa . You must have DSC to incorporate a company.
7. What is the minimum paid up capital requirement for a private company?
There is no minimum capital requirement.
8. What are the types of Private company?
There can be 3 types of Private company : Company limited by shares, company limited by guarantee, unlimited company.
9. How can I incorporate a private company?
You can incorporate a private company online from here.
10. What is a registered office?
A registered office of a private company is the official address of the company.It is the place where the company exists in the books.
11. Who can be a director of private company?
Minimum 2 directors are required for a private company, usually the shareholders are the directors. There are certain disqualification of director which should be kept in mind.
Contact us at (+91) 875 000 8585.
12. What is a certificate of incorporation?
A COI is a legal document/license given by MCA that confirms the incorporation of the company. A private company does not require COI.
13. Do I need to appoint a company secretary?
A private company having paid up capital of more than 5 crores is required to appoint a CS.