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IT service firm as a LLP in India?
Can I setup an IT service firm as a LLP in India?
Hello Abhi,

LLP is a body corporate, which combines the characteristic of both Partnership and a company. Any legal business can be started under the organisation like LLP. Set-up of an LLP under IT sector can be at ease after consultation of Professional.

The incorporation procedure of an LLP can be briefed as below:

1. To acquire DSC of the partners (minimum 2).

2. Application for DIN of the Partners.

3. Application for name approval in Form 1

4. Application for Incorporation of LLP in Form 2.

5. Registration of LLP Agreement with Ministry in Form 3.

The procedure of incorporation takes 15 to 18 working days, subject to approval from MCA.


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