Deepak Gupta | Sep 20, 2018 |
Process Re-engineering of LLP Incorporation Related Forms : Below is the Summary of changes inLLP Incorporation Related Forms
SNo. | Existing e Form | New e form | 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 Subscribers statement) | FiLLiP (Form for incorporating LLP) | I. FiLLiP will be an integrated form offering multiple services viz. allotment of DIN/Reservation of Name and Incorporation of LLPs. II. Consequent upon notification ofFiLLiP, existing Form 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 to FiLLiP (Details in respect of designated partners and partners of Limited Liability Partnership) | I. RUN-LLP SRN to be substituted for Form 1 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 with minormodifications | I. Details which were hitherto getting prefilled in the form (based on Form 1 SRN) shall now be entered by the user. II. RUN-LLP SRN to be substituted for Form 1 SRN 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 with minormodifications | I. RUN-LLP SRN to be substituted for Form 1 SRN 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 with minormodifications | I. RUN-LLP SRN to be substituted for Form 1 SRN 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 reengineering:
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