LLP: A corporate business vehicle that enables professional expertise and entrepreneurial initiative to combine and operate in flexible, innovative and efficient manner, providing benefits of limited liability while allowing its members the flexibility for organizing their internal structure as a partnership.
Process to Start LLP
 Ministry of Corporate Affairs

Notice for filing Form-8 & 11 for the Financial Year ended 31-03-2012
All LLPs registered upto 30-September-2011 have to mandatorily close the financial year as on 31-03-2012 and file Form-11 by 30-May-2012 and Form-8 by 30- October-2012.

LLPs registered from 01-10-2011 to 31-03-2012 have option either to close financial year as on 31-03-2012 or 31-03-2013 and to file Form-8 & 11 accordingly.

Please note that if LLP fails to file Form-8 & 11 within time, an additional fees of Rs. 100/- is payable per day till date of filing.
 Ministry of Corporate Affairs

Hints for successful DSC association of Designated Partners
1. On LLP website (www.llp.gov.in ), every designated partner has to associate his/her digital signature under the tab "Associate DSC" along with personal information like name, father's name, PAN, Date of Birth & email address.
2. If you have allotted DPIN under LLP system then Before associating DSC, please check the new DIN/DPIN under the tab "Check Unique DPIN".
3. Spelling of name & father's name, and other particulars should be exactly same as approved in DIN/DPIN application.
4. If in the DIN was approved without email id and PAN, then Designated Partner should first file DIN4 (in MCA-21) to update email id & PAN and next day try for DSC association.
5. Name in the DSC and DIN /DPIN should be same otherwise name in the DSC or DIN/DPIN should be rectified.
6. At present, LLP system is not allowing name with the single word because of LLP forms validation. Either user should wait for resolution of the issue or file DIN4 for adding 2nd word in the name known as last name.
 Ministry of Corporate Affairs

1. The Ministry is in process of integration of LLP system into MCA-21 in the month of June 2012 by allowing filing & approval of LLP forms at MCA-21 website (www.mca.gov.in) for better e-governance facility for stakeholders, by making necessary changes in e-forms. On post integration, old e-forms of the existing LLP system lying in "Pending User Clarification" (PUCL) status cannot be re-opened.

2. LLPs and designated partners are also advised to reopen/ resubmit the LLP form, if any lying in "Pending User Clarification" (PUCL) / Under Resubmission (RESUB) mode by 21-05-2012 after complying with the requirements failing which the pending forms will be liable for rejection or will be marked as invalid and LLP shall be required to file of fresh e-forms with fees & additional fees.