Just one click away

Limited Liability Partnership Registration

20+

Years of Experience
400+

Success Reports
15K+

Happy Clients

Why People Believe in Us

Always render more and better service than is expected of you, no matter what your ask may be.

Table of Content

Overview

Worried about the ins and outs of the process of registering your Limited Liability Partnership?

YOU CAN NOW REGISTER YOUR COMPANY AT AFFORDABLE PRICES!

Setting your LLP is now made easy with Company Adda. This type of company offers limited liability for its partners. It therefore can exhibit elements of partnerships and corporations. In an LLP, each partner is not responsible or liable for another partner's misconduct or negligence. Want to set your LLP up? We will take care of all your legal formalities like DIN, DSC, Name Approval, a Company Incorporation Certificate (CoI), PAN and TAN, Udyog Aadhaar, ITRs, copyrights, patents, the LLP Agreement and all the compliances mandated by the Indian Government. All you will have to do is to contact us and start the company of your dreams.

Benefits

1. Easy to form

Forming a LLP is an easy process. It is a way simpler and shorter process than that of formation of a Pvt. Ltd. Company. We help startups in starting their LLP by a completely online and transparent process to avoid any unnecessary delay.

2. Limited Liability

LLP offers limited liability to its partners, therefore they are not liable to pay the debts of the LLP from their assets. No partner is responsible for any other partner's misconduct.

3. Perpetual Succession

The LLP is an individual entity, therefore continues to exist beyond the death, retirement, or insolvency of its partners. The LLP can be wound up only as per the provisions of the LLP Act.

4. Easy Restructuring

The relationship between the partners is governed by an LLP Agreement. Following an easy and straightforward process, it can be easily amended to introduce or retire a partner.

5. No Compulsory Audit

Under the LLP Act, the statutory audit is not mandatory for small LLP. However, if the annual turnover of the LLP crosses Rs 40 Lakh or the LLP Capital is more than 25 Lakh, a statutory audit becomes mandatory.

6. Fewer Compliance

Another benefit of an LLP is that its compliance requirements are way fewer than those of a company. Additionally, the annual return filing is a smooth and cost-effective process. The LLP is required to file its ITR just like any other business and file ROC Annual Returns.

Checklist

1. Minimum Two Partners of LLP:

A minimum of 2 partners are required to act as the initial designated partners in the new LLP. There exists no limit on the maximum number of partners in an LLP.

2. One Resident Designated Partner:

At least one director of the company should be a resident in India. A person is a Resident Indian if they’ve stayed in India for over 182 days during the previous financial year. Citizenship isn’t required.

3. Registered Address:

For Registered Office Proof, NOC from the owner is needed. LLP also requires proof of the registered address in the form of a utility bill not older than two months.

4. Capital Requirement:

There is no prescribed minimum or maximum capital requirement as per the LLP Act, 2008.

5. New & Unique Name:

We can help you find a unique and eligible name for your proposed LLP which is dissimilar to the name of any other Company, or LLP.

How to register?

Step - 1: Documents & Information For LLP Registration

The first step is to keep your essential documents like PAN, ID, and address proof ready for all the proposed partners of the LLP, along with proof of the LLP's registered address. Ensure that the documents are updated and correct.

Step - 2: Selection of Name for LLP

The name of your company should be unique and must not violate any copyright or someone else's trademark. We will help you not only in coming up with a creative name to fit your firm, but also by conducting a detailed search in the MCA and Trademark database for a possible match of the name.

Step - 3: Making of Partners DSC

A DSC (Digital Signature Certificate) is equivalent to a physical or paper signature under the Information Technology Act. In order to register your LLP, all the applications to ROC are filed in digital format signed by its designated partners. The filing process starts with issuing a DSC for all the partners of the LLP.

Step - 4: Name Approval for LLP Registration

The name of the LLP must be approved by law. In order to get the approval, an online FormForm RUN LLP application for the name registration is filed. Two names in order of preference can be filed with a note on the significance of the name and the business activities.

Step - 5: ROC Filing for LLP Incorporation

Once the name is approved, the application of New LLP Registration is filed immediately. The partners’ KYC documents and proof of the registered address are submitted along with the application form. We will attest your FormForm, FILIP. The government filing fee for the registration will depend upon the proposed capital of the LLP.

Step - 6: Issue of the Certificate of Incorporation of LLP

The Certificate of Incorporation is issued after the verification of the application for LLP Registration is filed in FormForm FILIP. It is the conclusive proof of the LLP registration by ROC.

Step - 7: Drafting of LLP Agreement and Filing to ROC

The mutual rights and duties of partners of the LLP are governed by the agreement between partners or between the LLP and the partners. The LLP Agreement should be signed before a notary public on stamp paper of appropriate value as per respective state. The duly signed & Notary Attested LLP Agreement is then filed with ROC in Form 3 within 30 days of the LLP Incorporation.

Step - 8: PAN Card & TAN Number for the LLP

The LLP needs to apply in the prescribed Form 49A to the income tax department for the allotment of PAN; the acknowledgement of the pan application for the LLP is received on the same day. However, the pan is allotted within a week. A TAN number is mandatory to submit TDS Returns while making payments.

Search a company

List of Documents Required For Company Registration

Documentation is the first and most vital step in setting up your company. You must ensure the availability of the following documents for a smooth registration process. Please submit self-attested copies of the documents that are clear and valid.

Documents Required

To register an LLP you need scanned copies of the following documents:
From partners:

1. PAN card or passport (foreign nationals or NRIs)
2. Aadhar card/ voter’s ID/ passport/ driving license
3. Latest bank statement/ telephone bill/ mobile bill/ electricity bill/ gas bill
4. Passport-size photograph
5. Blank document with specimen signature.

Note: One partner must self-attest the first three documents. In the case of foreign nationals or NRIs, all the documents must be notarized (if currently in India or a non-commonwealth country) or apostilled (if from a commonwealth country).

For the registered office:

1. Utility bills
2. Notarized rental agreement in English
3. No-objection certificate from the property owner
4. Sale deed/property deed in English (in case of owned property).

How can we help in registering

We help by providing a transparent and smooth registration process, including, but not limited to,

1. DSC for two partners
2. DIN for two partners
3. Drafting of MoA & AoA
4. Drafting of LLP Agreement
5. Registration fee and stamp duty
6. Company Incorporation Certificate
7. Filing of forms
8. Online Accounting Software valid for one year
9. Zero Balance Current Account

Why Companyadda

Hiring a personal CA or CS is costly for a startup. Considering all the additional expenses and complications that come with setting up your new LLP, we offer an alternative to you to get your LLP registered and going with our help. We care, therefore we understand your dreams and make it our goal to fit your needs on a transparent online professional service platform.

Types Of Goverment Registrations

	Pvt. L.td Company (PLC)	Limited Liability Partnership (LLP)	One Person Company (OPC)
Ideal For	Businesses having high turnover, startups in need of external funding	Service oriented businesses, businesses with low investment needs	Proprietors looking to limit their liability and have 100% control
Min. no. of members	2	2	1
Compliance	High	Low	Moderate
For raising capital	Easy	Moderate	Difficult
Offers ESOP to employees	Yes	No	No
Dividend Distribution Tax (DDT)	Yes	No	Yes

Find experts for all your needs

Legal

Your documents, contracts, and registrations handled by expert lawyers.

Tax

Filing returns and paying your taxes – made easier for you.

Compliance

Our chartered accountants & company secretaries will keep your books in order.

LLP Agreement

We will help you with getting your flawless LLP Agreement ready.

Trademark

Get rid of all your Copyright and Trademark related worries. Our creative professionals will find you a unique company name.

Drafts and Forms

Frequently Asked Question

What is an LLP?

An LLP is a new form of body corporate introduced in India through the LLP Act, 2008. An LLP in India is an advancement over the existing partnership firm with advantages of corporate structure such as the limitation on the liability of the partners. Since LLP contains elements of both ‘a corporate structure’ as well as ‘a partnership firm structure’ LLP is called a hybrid between a company and a partnership. An LLP is considered as a separate legal entity, with the liability of partners limited to the capital being contributed by them. Hence, a partner is never personally liable for the debts of the LLP.

For small businesses, what are the benefits of LLP?

The LLP is the most suitable form of business for small businesses in India, where there are fewer regulations to comply with. Unlike a company, audits are not necessary till the turnover crosses 40 Lac or the capital crosses 25 lac. Under the LLP Act, the statutory audit is not mandatory for small LLP. I am carrying business as a sole proprietor/partnership, can I register a Limited Liability Partnership (LLP)? Yes, you can either incorporate a fresh LLP or choose to convert the existing partnership as an LLP. However, the cost of conversion is comparatively higher when compared to opening a new LLP.

What is LLP Identification Number (LLPIN)?

Every LLP is allotted a unique (LLPIN) for its identification by the registrar of companies after its incorporation. The LLPIN is mentioned on the certificate of incorporation of the LLP.

What kind of Business Can be Done in LLP Form of Business?

Section 2(e) of the LLP Act, defines the word "Business" as [every trade, profession, service and occupation.] This definition excludes “Manufacturing” and “Production” explicitly. Therefore, it is advised to pursue only those activities which are unlike Manufacturing or Production.

What is the difference between Partners and Designated Partners?

A designated partner is accountable for the compliance of all the laws applicable on the LLP. In case of any fault, the designated partners are penalised with fine, additional fee and penalty.

Who can be a partner in an LLP?

Any person capable of entering into contracts such as an individual, company or foreign national can be a partner in an LLP.

How to add partners in LLP?

The consent of all other partners of the LLP and compliance with the LLP Agreement are, both, required to add a new partner. The process of appointing a new partner is to host a meeting of all the existing partners and then pass a resolution. The reporting of the new partner addition is made to the ROC in Form 4 and Form 3.

How long will it take to incorporate an LLP?

The incorporation of an LLP is an online process and gets incorporated within a week's time. However, as it is a legal process, giving an exact timeline is not practical and sometimes due to non-availability of the proposed name of deficient documents of the partners of the registered address it can get delayed.