The Articles of Organization for Domestic LLC is a crucial document required when establishing a Limited Liability Partnership (LLP) in India. This document must be filed with the Registrar of Companies and complies with the Limited Liability Partnership Act, 2008, along with other relevant Indian business laws. It is used when entrepreneurs or business partners wish to form an LLC that combines the flexibility of a partnership with the limited liability protection of a corporation. The document includes essential information such as the organization's name, purpose, registered office address, management structure, member details, and capital contributions. It serves as the foundational charter that governs the LLC's existence and basic operations, providing a legal framework that protects members' interests while ensuring compliance with Indian regulatory requirements.
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1. Article I - Name and Purpose: States the official name of the LLC and its primary business purpose
2. Article II - Registered Office: Specifies the registered office address and principal place of business
3. Article III - Registered Agent: Details of the registered agent who will receive legal documents on behalf of the LLC
4. Article IV - Duration: Specifies whether the LLC has a perpetual duration or a specific end date
5. Article V - Management Structure: Defines whether the LLC is member-managed or manager-managed and outlines the basic management structure
6. Article VI - Members: Lists the initial members and their contribution details
7. Article VII - Capital Contributions: Specifies the initial capital contributions of each member
8. Article VIII - Basic Rights and Responsibilities: Outlines fundamental rights and duties of members
9. Article IX - Compliance: States commitment to comply with all applicable laws and regulations
10. Article X - Execution: Signature section for authorized organizer(s)
1. Article on Foreign Investment: Required when there are foreign investors or potential for foreign investment, detailing FEMA compliance
2. Article on Special Business Activities: Required when the LLC will engage in regulated activities requiring special licenses or permits
3. Article on Intellectual Property: Needed when the LLC owns or will develop significant intellectual property
4. Article on Branch Offices: Required when the LLC plans to operate multiple offices or branches
5. Article on Special Purpose Vehicle: Needed when the LLC is formed as a special purpose vehicle for specific projects or investments
1. Schedule A - Member Details: Detailed information about members including contact information and ownership percentages
2. Schedule B - Capital Contribution Details: Detailed breakdown of initial capital contributions including nature of contribution (cash/property/services)
3. Schedule C - Business Plan: Initial business plan and operational framework
4. Appendix 1 - Consent Letters: Consent letters from registered agent and initial members
5. Appendix 2 - Compliance Certificates: Copies of necessary permits, licenses, and certificates
6. Appendix 3 - Property Details: Details of any property owned by or transferred to the LLC at formation
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Relevant Teams
Legal
Compliance
Finance
Corporate Affairs
Risk Management
Board of Directors
Executive Leadership
Company Secretarial
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Relevant Roles
CEO
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Company Secretary
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Compliance Officer
Chief Financial Officer
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Founding Partner
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Director of Operations
Corporate Lawyer
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General Counsel
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