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Introduction

In India, managing and forming a Limited Liability Partnership is quite simple. A minimum of two partners are needed to register an LLP; there is no maximum number. The Partners' obligations and rights are outlined in the LLP agreement. One partner in an LLP is not liable for the wrongdoing and carelessness of the other partner. The LLP agreement's requirements must all be followed, and the partners are in charge of doing so.

With a total state domestic product of ₹. 35.81 lakh crore (2021-22 data), Maharashtra has India's largest economy (GSDP). Maharashtra, which contributes 13% of the nation's industrial production, is India's leading industrial state. Some of the state's key industries include pharmaceuticals, petrochemicals, heavy chemicals, electronics, cars, engineering, food processing, textiles, and plastics.

Documents for LLP Registration in Maharashtra

  • PAN card of all the partners
  • Photograph of all the partners
  • ID Proof of all the partners (Driving License/Passport/Voter ID)
  • Electricity Bill or any other utility bill for the address proof of the registered office

All the documents must be submitted right otherwise delay in the process might occur. However, Vakilsearch experts will help you with proper documentation and double-check them.

Advantages to Incorporating as an LLP

The major advantages of setting up an LLP are:

  • An LLP has fewer requirements and is simpler to establish and administer.
  • Compared to a company, it is less expensive to register.
  • An LLP is similar to a business entity that exists independently of its partners.
  • LLPs can be established with any minimum capital requirement.

Forms for Registering an LLP

Through the use of the following MCA forms, LLP registration may be completed:

  • Form 1: Request for a reservation of a name change.
  • Form 2: Statement and deed of incorporation.
  • Form 4: Notification of the appointment of a partner or designated partner, as well as any changes therein, as well as the consent of the partner to become a partner or designated partner.
  • Form 12: Notification of alternate address for document service.
  • Form 15: Notice of Change of Registered Office
  • Form 16: Certificate of Incorporation Form
  • Form 23: Application for the name change of the LLP
  • Form 25: Application for name reservation/renewal by a foreign LLP/foreign firm using Form 25

These forms are used for various purposes as mentioned above. One can talk to our Vakilsearch expert for further clarity on any aspect related to LLP registration.

Process for LLP Registration in Maharashtra.

Here are the 5 steps we have to follow for registering an LLP in Maharashtra:

  • The first stage in creating an LLP in Maharashtra is to gather digital signatures from each prospective partner.
  • The next step is to submit a request to the MCA to reserve the LLP's name.
  • The company incorporation documents are prepared by us, and they are delivered to the partners for signature. The documents must be scanned and uploaded to the Vakilsearch website, and our experts will provide you with the necessary information.
  • The MCA must approve the signed copy of the documents before they are sent to our company.
  • The final step in registering an LLP in Maharashtra is that our legal professionals confirm and submit the LLP deed which has to be signed by all the partners

Why Vakilsearch?

Vakilsearch offers the best services from the best legal experts in India to assist you with LLP registration in Maharashtra. Under the given time frame, we assure you to submit the LLP deed at your convenience. 100% online and hassle-free services, which makes legal services comprehensive for our 500k+ trusted customers!

FAQ's on LLP Registration in Maharashtra

In Maharashtra, an LLP can be registered with a minimum of 2 partners and a maximum of any number of partners.
In Maharashtra, an LLP may be registered by any person who is at least 18 years old. Foreign nationals may register LLPs in Mumbai or anywhere in India under the LLP Act 2018.
In Maharashtra, there is no such thing as a minimum capital requirement, hence any sum of money can be used to launch an LLP. So, LLP registration is definitely convenient and cheaper.
In the given timeframe according to the clients, Vakilsearch may assist with the registration of an LLP in Maharashtra. However, the registration period is dependent on the applicant's submission of the required paperwork.
Yes! In Maharashtra, one can convert the partnership firms into an LLP.
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