LLP Incorporation Sequence Explained

To incorporate a new Limited Liability Partnership (LLP), the following steps must be followed in the correct chronological order:

LLP Incorporation Process Steps

1. Procure Digital Signature Certificate (DSC): All proposed Designated Partners must obtain a valid Class 3 DSC. This is required for online form submissions.
2. Reserve LLP Name: Apply for the reservation of the proposed LLP name using the RUN-LLP (Reserve Unique Name-Limited Liability Partnership) web form.
3. Prepare Incorporation Documents: Gather and prepare necessary documents, including the LLP incorporation form (Form FiLLiP), subscribers' sheets, and other required declarations and proofs.
4. LLP Incorporation and DIN Application: File Form FiLLiP with the Registrar of Companies (RoC). This form serves for LLP incorporation and also facilitates the application for Director Identification Number (DIN) for designated partners if they don't already have one.
5. Apply for PAN and TAN: After successful incorporation, apply for the Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) for the LLP. This is often applied for alongside or immediately after incorporation filing.
6. Drafting and Filing LLP Agreement: Draft the LLP Agreement, which outlines the mutual rights and duties of the partners. This agreement must be filed with the RoC in Form 3 within 30 days of incorporation.

Therefore, the correct sequence is B, A, C, D, F, E.