You are on page 1of 3

REGISTRATION OF LAW FIRM

Pre-requisites for registration of law firm:


 Min. 21 Years of age.
 Law degree from any university of India or foreign recognised by BCI.
 Registered with any of the Bar councils.
Registration as LLP:
Limited liability Partnership is a partnership in which all or some of the partners have limited
liabilities. It limits the liabilities of partners to their contributions to the business and also
offers protection to each partner from the negligence, misdeeds or incompetence of other
partners.
Min. Members: 2
Max. Members: No limit (Less than 200)
There can be 2 type of partners in a LLP.
(a) Normal Partners: He is not liable for legal compliances.
(b) Designated Partners: Responsible to manage affairs, take decision, liable for legal
compliances.
PROCEDURE:
Step 1 NAME APPROVAL:
The first step is to check whether the name for LLP is already registered or not. This can be
checked on the official website of MCA (Ministry of Corporate affairs). Visit MCA website,
then click on MCA Services then Master data and then click on View Company or LLP
master data. Check whether the name is already registered or not.
If not then proceed to MCA services and click on LLP e-filing then apply for RUN-LLP
(Reserve Unique name). Also add LLP along with name.
Application Fees: Rs. 200
After name approval you will get SRN (Service Request no.)
Step 2 DSC:
Obtain Digital Signature Certificate of Class 2 category of Min. 2 designated Partners. It can
be obtained from eMudhra website and is usually valid for 1-3 years.
Fees: Max Rs.1500/person
Step 3 DIN/DPIN:
DIN/DPIN(Designated Partner Identification Number) is a unique 8 digit no. required for any
present or future designated partners. It never expires and allotted immediately when
application is filed but in some case, additional documents may be requested.
It can be applied while registration of LLP but if address on aadhar card and bank statement
of any designated partner is not same then it is to be applied separately with an additional
cost of Rs. 500.
Step 4 Rent Agreement:
Rent Agreement for address on which LLP is registered in the name of any one designated
partner which certifies that the designated partners are working in the name of approved LLP
on that address.
Rent Agreement Format:
https://drive.google.com/file/d/1mFKfG4XSf84qE7ocfoaE6kbDa6IlvMkG/view
In addition, a rent receipt on a simple paper made by landlord declaring that rent received
from the designated Partner.
Rent Receipt Format:
https://drive.google.com/file/d/1mivPMZBL55Uz_LBaycage8b6npEW3f5N/view
Step 5 NOC:
NOC from landlord declaring that he had no objection if designated partner do business on
their land.
NOC format:
https://drive.google.com/file/d/1kc3OZB7qUi5ikMLj1n2Sd2Nwt1YX0XbT/view
Step 6 LLP Registration form:
After all the above documents are prepared then download LLP Registration form format
from MCA website available under E-filing tab in MCA Services and fill the same.
LLP registration fees depends upon capital,
Upto 1 lakh: Rs. 500
Upto 5 lakhs: Rs. 2000
Upto 10 lakhs: Rs. 4000
Above 10 lakhs: Rs. 5000
After filling form and paying registration fees, verify it with any CA, CS, CMA or Advocate
who by digital certificate certify this form and that the application is submitted.
Step 7 LLP Agreement:
After receiving certificate of Registration/incorporation, LLP Agreement must be formed and
submitted within 30 days whichi include name, address, rights, liabilities, share of profit and
loss on stamp paper, Stamp duty to be paid on the same which varies from state to state.
LLP Agreement format:
https://drive.google.com/file/d/1BrjlQjz8mfuSuc49aWlcCBXe9lY_-Zhx/view
In Delhi: For capital Upto 1 lakh: Rs. 1000
Upto 5 lakh: Rs 3000
Above 5 lakh: Rs 5000
LLP Stamp duty collection for each state:
https://drive.google.com/file/d/1ho-vpwTJwGYMzqEYldaULv0yuVXVmFVK/view

You might also like