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    Showing posts with label Incorporation. Show all posts
    Showing posts with label Incorporation. Show all posts

    Wednesday, 17 January 2018

    Declaration of Deposits

    Declaration for non-acceptance of Deposit is required to be submitted alongwith Company Incorporation Application which is required to be signed by each subscriber to Memorandum of Association and each proposed Director. (Click here for preparing Incorporation documents online for free)


    In case if you want any help with respect to Declaration or Incorporation of Company, you can Contact us.

    NOC for Registered Office

    NOC for Registered Office is required from the Owner of the premises of the Registered Office to be used by the Company. When a Company propose to situate particular premises as its Registered Office address and such premises is not owned nor rented by Company, then it is necessary for owner of such premises to allow use of the premises to Company by way of issuing No Objection Certificate.

    This document is mainly used at the time of
    1. Incorporation of a Company (Click here to prepare Incorporation documents online for free)
    2. Situation of Registered office of the Company
    3. Shifting of Registered office of the Company

    Few Important points
    1. This NOC is to be issued alongwith the latest Utility Bill of the premises
    2. This NOC should be issued only by the person whose name is reflecting on the Utility bill.
    3. The address of registered office to be mentioned in NOC should be same as mentioned in Utility Bill. 


    In case if you want any help with respect to NOC or Registered office, you can Contact us.

    Saturday, 12 August 2017

    Incorporation of Limited Liability Partnership

    Limited Liability Partnership

    Limited Liability Partnership (LLPs) is the new form of business entity which is combination of traditional partnership and a Company. It has a feature of having partners with their liability upto the extent of their contribution. LLPs are governed by Limited Liability Act, 2008 and its corresponding rules. 


    Basic Procedure to Incorporate a LLP


    1. Digital Signature and DIN
    It is mandatory to have atleast two Designated Partners (DP) at the time of Incorporation of LLP and throughout the existence of LLP. To become DP, it is necessary to obtain DPIN (DIN). You need to ensure that you should have atleast have two persons with DIN.
    For filing necessary applications for LLP incorporation, Digital Signature (DSC) of alteast one person is required. However, it is advisable to have DSCs for all such persons who are promoting LLP.

    2. Application for Name availability
    Once the DIN and DSCs are in place, we need to apply for Name which you are looking for your new LLP. This is application is filed in Form 1 to Registrar of Companies (ROC).

    3. Incorporation Application
    Once the name is reserved, you need to file incorporation application with necessary documents in Form 2 to ROC.

    4. Issue of Certificate of Incorporation
    Upon approval of application (as per point 3), ROC will issue a Certificate of Incorporation and from the date of issue of this certificate, the LLP will be incorporated.

    5. Filing of LLP Agreement
    Within 30 days from the date of Incorporation, you need to file LLP Agreement in Form 3 to ROC.

    Pre-requisites for incorporating a new LLP


    1. Atleast Two Partners are required to incorporate a LLP.
    2. Out of total number of Partners, atleast two partners shall have DIN and such persons shall become Designated Partners of LLP.
    3. Atleast one of total partners should be resident Indian.
    4. Digital Signature of atleast one person is required to file necessary incorporation applications.

    Detailed Steps to incorporate a new LLP


    Step - 1: Obtain DIN and DSC of atleast two partners (check procedure for obtaining DIN here)

    Step - 2: Determine the proposed names for new LLP and the business for which LLP is being incorporated

    Step - 3: File application for name availability for new LLP in Form 1. Details required for this application is as follows
    - Maximum Six names can be given out of which one will be approved
    - Object clause for new LLP shall be mentioned in detail (Search the object clauses Here)
    - Total Capital contribution of the new LLP

    Step - 4: File an application for Incorporation in Form 2. Following documents shall be attached.
    - Subscribers sheet
    - Consent letters in Form 9
    - Proof of registered office
    - Utility bill for registered office

    Step - 5: Upon approval of Form 2, ROC will issue a Certificate of Incorporation of new LLP

    Step - 6: Prepare LLP Agreement, pay applicable stamp duty on it and execute the agreement by partners. Once it is executed, file the LLP Agreement's copy to ROC in Form 3. Do you want to create LLP Agreement for free? Click here

    Create Documents for Free without any hassle


    You can fill up the form given below to prepare relevant documents for incorporation of LLP online which will save your precious time and most importantly WITHOUT ANY COST. 

    If you want to fill up the form in separate tab, Click Here

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