LLP Registration

LLP Registration in India

Choose Your Plan to Get Started Now...

Intro

₹ 9,899/-

All-inclusive Price for LLP Registration

  • 2 Digital Signatures
  • 2 PDIN
  • LLP Name Search & Apply
  • LLP Deed Drafting1
  • 1 Lakh Authorised Capital Fee
  • PAN & TAN
  • Certificate of Incorporation
  • Call, Chat(WA),& Email Support
  • Frequent Updates through your account
Select Plan

Base

₹ 24,999/-

All-inclusive Price for LLP Registration, Accounting & Compliances

  • Everything in Intro Plan
  • GST Registrations
  • MSME Registration
  • Accounting (Upto 250 Entries for Whole F.Y)2
  • Annual Compliances for 1 Year3
  • ITR Filing for 1st Year4
  • MCA eKYC for 2 Partners -1 Yr
  • Call, Chat(WA),& Email Support
  • Frequent Updates through your account
Select Plan

Pro

₹ 32,499/-

All-inclusive Price for LLP Registration Accounting & Compliances with Trademark Registration or GST Return Filing

  • Everything in Base Plan
  • Trademark Registration OR GST Return5 (Upto 25 Invoices/Month) Filing for 1 Year
  • Call, Chat(WA),& Email Support
  • Frequent Updates through your account
Select Plan

Got Queries?

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As per the following timeline, your selected plan will be processed

Day 1-4

We collect the necessary information and documents for LLP Registration

Day 5-10

We Reserve the LLP Name, draft the required documents for LLP Registration

Day 11-16

We proceed to submit the documents with MCA for LLP registration

Finally

Government Processing Time. You will be notified upon LLP Registration

LLP Registration: An Overview of Limited Liability Partnership

Limited Liability Partnerships (LLPs) have become increasingly popular among entrepreneurs as they combine the advantages of partnership and company into one. As an alternative to limited liability companies, limited liability partnerships offer the flexibility for members to organise their internal management by mutual agreements, as in a partnership. Limited Liability Partnership Act, 2008 recognizes the advantages of limited liability partnerships and offers them in emerging markets. There is no upper limit on how many partners can form an LLP. However, there is a minimum of two required to start an LLP. With expert assistance and support, LLP registration has now become hassle-free

What are the benefits of LLP Registration?

Separate legal entity

LLPs are separate legal entities, just like companies. The LLP is different from its partners. An LLP can be sued and can sue in its name. In addition, every contract is signed in the name of the LLP, which builds the trust of almost all stakeholders, including the customers and suppliers.

Limited liability of the partners

Each partner is responsible for only their contributions. Therefore, their liability is limited to their contribution, and they are not liable for any other losses in the business.

Less compliance and lower costs

It is cheaper to form an LLP than to incorporate a public or private company. LLPs also need to follow a low level of compliance. An LLP must file two statements per year, i.e., Annual Return and a Statement of Accounts and Solvency.

Minimum capital contribution not required

No minimum capital is required to form an LLP. Also not necessary to have a minimum paid-up capital before becoming incorporated. The partners can contribute any amount of capital to the company.

What is the difference between Partnership and LLP?

In LLP

LLP partners are liable up to the extent of their contributions. Furthermore, one Partner is not liable for the actions of another

In Partnership

A partnership’s liability does not have limits and may extend to its assets. A Partner’s actions can bind another

List of Documents Required for LLP Registration

  • PAN Card of all partners must be provided
  • Aadhar Card/ Voter ID/ Passport/ Driving License of all partners
  • Latest Passport size photograph of all Partners
  • Latest Electricity Bill/ Telephone Bill of the Registered Office Address
  • NOC has to be obtained from the owner of the registered office
  • Rent Agreement of the registered office should be provided if any

Here Are Some Frequently Asked Questions

Is it necessary to file and get registered with the partnership agreement under an LLP?
According to the LLP Act, in the absence of an agreement regarding any matter, the mutual rights and liabilities shall be outlined in Schedule I. Therefore, if an LLP proposes to exclude provisions/requirements of Schedule I to the Act, it should enter into an LLP Agreement, explicitly excluding any or all conditions of Schedule I.

LLP partners are those who subscribed to the “Incorporation Document” at the time of LLP incorporation. The LLP can admit new partners as long as all of the conditions and requirements of the LLP Agreement are met.

To conduct the business of an LLP, every partner is a representative of the LLP, but not of the other partners. Liability of partners shall be limited except in case of unauthorized acts, fraud, and negligence. However, partners shall not have any personal liability for the negligence or omission of any other partner.

Every year, LLPs must file LLP Form 8 (Statement of Account & Solvency) and LLP Form 11 (Annual Return).
An LLP can be formed in India for any amount. With a small amount of capital, any business can be started. A minimum contribution is not required for LLP formation, but each partner must contribute financially. The capital contribution amount is disclosed in the LLP Agreement, and the total contribution amount determines the stamp duty amount.