What is LLP Registration?
LLP (Limited Liability Partnership) registration is the process of legally establishing an LLP business structure in India under the Limited Liability Partnership Act, 2008. An LLP combines the benefits of a partnership firm with limited liability protection of a company.
When you register an LLP, you receive a unique LLP Identification Number (LLPIN) that serves as your business's legal identity. This registration enables you to:
- Operate with limited liability protection for partners
- Enjoy flexibility of a partnership structure
- Separate personal assets from business liabilities
- Gain credibility with clients and vendors
Key Benefits of LLP Registration
Registering as an LLP offers numerous advantages that can help grow and protect your business:
Limited Liability
Partners are not personally liable for debts of the LLP beyond their contribution.
Flexible Structure
Easy to manage with minimal compliance requirements compared to companies.
Business Credibility
Enhance your professional image and gain trust from customers and vendors.
Tax Advantages
No dividend distribution tax and lower tax rates compared to companies.
Easy to Expand
Simple process to add or remove partners as per LLP agreement.
Who Should Form an LLP?
LLP registration is ideal for:
- Startups and small businesses looking for liability protection
- Professionals like CA, CS, lawyers, architects, consultants
- Joint ventures between businesses
- Family businesses wanting structured operations
- Service providers with multiple partners
- Businesses planning to raise funds but want simpler compliance
Documents Required for LLP Registration
The documents needed vary based on partner type:
For Individual Partners:
PAN Card
Mandatory for all partners
Address Proof
Aadhaar, Voter ID, Passport etc.
Photograph
Passport size photo
Residence Proof
Bank statement or utility bill
For Corporate Partners:
Certificate of Incorporation
MOA/AOA for companies
Board Resolution
Authorizing investment in LLP
Digital Signature
Class 2 or 3 DSC of authorized signatory
PAN Card
Of the corporate entity
For Registered Office:
Rent Agreement
If premises is rented
Utility Bill
Not older than 2 months
NOC from Owner
If premises not owned
Our Simple 7-Step LLP Registration Process
We make LLP registration quick and hassle-free:
1. Obtain DSC
We help partners obtain Digital Signature Certificates (DSC) required for online filing.
2. Apply for DIN
Director Identification Number (DIN) is obtained for all designated partners.
3. Name Approval
We file RUN-LLP form to get your preferred LLP name approved by MCA.
4. Draft LLP Agreement
Our experts draft a customized LLP agreement defining partner rights and duties.
5. File Incorporation Form
We prepare and file FiLLiP form with all required documents and details.
6. Certificate of Incorporation
MCA issues Certificate of Incorporation with LLPIN within 7-10 days.
7. PAN & TAN Application
We help obtain PAN and TAN for your newly formed LLP.
Transparent Pricing
Our LLP registration package includes:
Service | Government Fee | Our Fee | Total |
---|---|---|---|
Basic LLP Registration | ₹500-₹1500 | ₹4,999 | ₹5,499-₹6,499 |
LLP with 2 DSCs | ₹500-₹1500 | ₹6,999 | ₹7,499-₹8,499 |
LLP Agreement Drafting | ₹200 | ₹1,999 | ₹2,199 |
Post-Incorporation Compliance | - | ₹2,999/year | ₹2,999/year |
Post-Registration Compliance
After obtaining your LLPIN, you need to maintain compliance:
Annual Filings
Form 11: Statement of Partners (within 60 days of FY end)
Form 8: Statement of Accounts & Solvency (within 30 days from 6 months of FY end)
ITR: Income Tax Return filing
Changes Updates
File forms for any changes in:
- Partners (Form 4)
- Registered Office (Form 15)
- LLP Agreement (Form 3)
- Business Activity
Accounting
Maintain proper books of accounts including:
- Cash flow statements
- Profit & loss accounts
- Balance sheets
- Audit reports (if applicable)
Tax Compliance
GST: If turnover exceeds threshold
TDS: Deduction and filing as applicable
Professional Tax: State-specific requirements
Frequently Asked Questions
Common queries about LLP registration answered by our experts:
Typically 7-10 working days after document submission. With our expedited service, we can often complete it within 5-7 working days for urgent cases.
There is no minimum capital requirement for LLP. You can start an LLP with any amount of capital.
LLP has simpler compliance, no requirement of board meetings, and partners have direct control. Private Limited offers better fundraising options but has stricter compliance.
Yes, foreign individuals or entities can be partners in Indian LLP, subject to FDI guidelines and at least one resident designated partner.
Audit is mandatory if LLP contribution exceeds ₹25 lakhs or annual turnover exceeds ₹40 lakhs.