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