LLP REGISTRATION PROCESS AMENDED – VIRTUAL AUDITOR3 min read

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LLP REGISTRATION PROCESS AMENDED

LLP which stands for Limited Liability Partnership has undergone a dramatic, now LLP Registration in Chennai, LLP Registration process in Bangalore or any other state will be done centrally through CRC ( Centralised Registration Center) vide LLP (Second)  Amendment Rules 2018-Applicable from 02.10.2018 Now LLP can be incorporated with upto 2 individuals as Partners who do not have DIN (Director Identification Number).on the similar lines of Company Registration Forms SPICE

MCA AMENDS LLP REGISTRATION RULES NEW RULES APPLICABLE FROM 02.10.2018

Name Form for LLP must be done through  Form RUN LLP will be filed for reservations of LLP NamUp to upto 2 Persons not having din and want to be appointed as designated partners can file DIN ( Director Identification number) application along  with LLP incorporation forms.

From 02nd October, LLP name reservation application can be filed through Web form RUN like company name application and persons need not have a DIN ( Director Identification Number) for applying the name, Earlier many were unable to apply for reservations of LLP name and incorporation of LLP if the partners don’t have DIN. To access the full process of LLP Registration a step by step guide

No. Existing eForm New eform Change Proposed To be processed by
1 Form 1(Application for

reservation or change of

name)

LLP RUN(Reserve Unique Name) Web Service Web Service RUN will replace Form 1 Central Registration

Centre(CRC) under Non-

STP

2 Form 2(Incorporation document and Subscriber’s statement FiLLiP(Form for incorporating LLP) I. FiLLiPwill be an integrated form offering multiple services viz. allotment of DIN/Reservation of Name and Incorporation of LLPs.

II. Consequent upon notification of FiLLiP, existingForm 2 will be deprecated.

Central Registration

Centre(CRC) under Non-

STP

3 Addendum to Form

2(Details in respect of

designated partners and

partners of Limited

Liability Partnership)

Addendum toFiLLiP

(Details in respect of

designated partners and

partners of Limited

Liability Partnership)

I. RUN-LLP SRN to be substituted for

LLP Registration LLP RUN Form SRN in relevant field

II. PAN is allowed to be entered in

DSC section

Central Registration

Centre(CRC) under Non-

STP

4 Form 5 (Notice for

change of name)

Same form withminor

modifications

I. Details which were hitherto

getting prefilled in the form (based on LLP Registration LLP RUN Form) shall now be entered by the user.II. RUN-LLP SRN to be substituted for

LLP Registration LLP RUN Form in relevant field

Central Registration

Centre(CRC) under Non-

STP

5 Form 17(Application and

statement for the

conversion of a firm into

LLP)

Same form withminor

modifications

RUN-LLP SRN to be substituted for

LLP Registration LLP RUN Form in relevant field

II. PAN is allowed to be entered in

DSC section

Central Registration

Centre(CRC) under Non-

STP

6 Form 18(Application and

Statement for conversion

of a Private

Company/Unlisted Public

Company into LLP)

Same form withminor

modifications

RUN-LLP SRN to be substituted for

LLP Registration LLP RUN Form in relevant field

II. PAN is allowed to be entered in

DSC section

Central Registration

Centre(CRC) under Non-

STP

Following process flow changes are proposed to enable the LLP incorporation process re-engineering:

  • All Form 1 and Form 2 (along with Form 17/18/Addendum) which are pending processing from the date of notification of revised forms, shall be marked under Resubmission.
  • All forms which have to be resubmitted, must be submitted again in the new web service/new forms only.
  • All names which have been approved and against which Incorporation form is not filed till the date of notification of revised forms shall be allowed to be used to file form FiLLiP for incorporation.;
  • All names which have been approved and against which Change of name Form 5 is not filed till the date of notification of revised forms, shall be allowed to be used to file in revised Form 5.

Conclusion :

It is a much awaited and welcome move by the government in order to ease the process of LLP Registration,

In case of any help or assistance in LLP registration  contact Virtual auditor support team on 9962 260 333/99622 49 333/044- 48560333 /mail us [email protected], our team will guide through the entire process and help you comply

Summary
LLP REGISTRATION PROCESS AMENDED
Article Name
LLP REGISTRATION PROCESS AMENDED
Description
LLP REGISTRATION PROCESS AMENDED
Author
Viswanathan
Publisher Name
Virtual Auditor Pvt Ltd
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