Limited Liability Partnership (LLP) Registration
Combine the flexibility of a partnership with the limited liability protection of a company. Our experts guide you through the entire LLP registration process.
Benefits of LLP Structure
Discover why many businesses choose the LLP structure for their ventures in India
Limited Liability Protection
Partners' liability is limited to their agreed contribution, protecting personal assets from business debts and obligations.
Flexible Management
No requirement for board meetings or complex corporate governance. Partners can manage the business with minimal compliance.
Tax Efficiency
LLPs are not subject to dividend distribution tax. Profits are taxed only in the hands of partners, avoiding double taxation.
Perpetual Succession
The LLP continues to exist regardless of changes in partners, ensuring business continuity.
Lower Compliance Burden
Fewer statutory compliances compared to private limited companies, reducing administrative overhead.
Easy Transferability
Ownership interests can be transferred according to the LLP agreement, providing flexibility for ownership changes.
Documents Required
Prepare these documents to ensure a smooth LLP registration process
For Designated Partners
- βPAN Card
- βAadhaar Card
- βPassport-sized photographs
- βResidential proof (Utility bill, Passport, Driving License)
- βIdentity proof (Passport, Driving License, Voter ID)
- βMobile number linked with Aadhaar
- βEmail address
For LLP Registration
- βProposed name of LLP (at least 2 options)
- βDescription of proposed business activities
- βAddress proof of registered office
- βDigital Signature Certificate (DSC) of designated partners
- βDirector Identification Number (DIN) of designated partners
- βDetails of contribution by each partner
- βDrafted LLP Agreement
LLP PROCESS
LLP Registration Process involves several essential steps. Here's a step-by-step guide to incorporating your LLP:
Obtain DSC & DIN
Obtain DSC & DIN
Apply for Digital Signature Certificate (DSC) and Director Identification Number (DIN) for all designated partners.
Name Reservation
Name Reservation
Reserve your LLP name through RUN-LLP service.
Filing form with LLP Agreement
Filing form with LLP Agreement
Submit Form FiLLiP for Incorporation along with LLP Agreement & declaration from the partners consenting to act as designated partners and comply with the LLP regulations within 30 days of Name Approval.
Certificate of Incorporation
Certificate of Incorporation
Receive the Certificate of Incorporation from the Ministry of Corporate Affairs, officially establishing your LLP.
Post-Registration Compliance
Post-Registration Compliance
Complete post-registration requirements including PAN/TAN registration, GST registration, bank account opening, and other statutory registrations.
Frequently Asked Questions
Get answers to common questions about LLP registration
What is the minimum number of partners required for an LLP?
An LLP requires a minimum of two partners. There is no upper limit on the maximum number of partners in an LLP.
What is the minimum capital requirement for LLP registration?
There is no minimum capital requirement for forming an LLP in India. Partners can contribute as per their agreement.
How long does it take to register an LLP?
The entire process typically takes 15-20 working days, depending on government processing times and document readiness.
Can a foreign national be a partner in an Indian LLP?
Yes, foreign nationals can be partners in an Indian LLP, subject to FDI regulations and approval from the Reserve Bank of India if required.
What are the annual compliance requirements for an LLP?
LLPs must file Annual Return (Form 11) and Statement of Accounts & Solvency (Form 8) annually with the Registrar of Companies.
Can an LLP be converted into a private limited company?
Yes, an LLP can be converted into a private limited company by following the conversion procedure prescribed under the Companies Act, 2013.
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Our team of experts will guide you through every step of the LLP registration process, ensuring compliance with all legal requirements.
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