LLP Company Registration
A Limited Liability Partnership (LLP) combines the benefits of a partnership with those of a limited liability company. It offers the flexibility of a partnership while providing limited liability protection to its partners, ensuring that personal assets are not at risk in case of business debts or liabilities.
Step 1:
Obtain Digital Signature Certificate (DSC)
- Requirement: All designated partners need to
obtain a DSC.
- Documents Needed: Passport-sized photograph,
PAN card, Aadhaar
card, and email ID.
Step 2: Apply for Director Identification Number
(DPIN)
- Requirement: All designated partners must
have a DPIN.
- Process: Apply for DPIN using Form DIR-3,
providing proof of
identity and address.
Step 3: Name Reservation
- Form: LLP-RUN (Limited Liability
Partnership-Reserve Unique
Name).
- Considerations: The proposed name should not
be identical or
similar to any existing company/LLP name.
Step 4: Incorporation of LLP
- Form: Fill Form FiLLiP (Form for
Incorporation of Limited
Liability Partnership).
- Attachments: Subscriber’s sheet, consent of
designated partners,
proof of registered office address, and details of LLP
partners.
Step 5: File LLP Agreement
- Form: Form 3.
- Timeline: Must be filed within 30 days of
incorporation.
- Contents: Mutual rights and duties among
partners,
profit-sharing ratios, etc.
Partners' Documents: PAN card, address proof
(Aadhaar card, voter ID, passport, driving license), and
passport-sized photographs.
Registered Office Address Proof: Rental
agreement, NOC from the property owner, utility bills (not older
than two months).
LLP Agreement: Details of partners,
profit-sharing ratios, rights and duties.
Limited Liability Protection: Partners'
liability is limited to their agreed contribution in the
LLP.
Separate Legal Entity: LLP is a separate legal
entity from its partners.
Perpetual Succession: The LLP continues to
exist irrespective of changes in partners.
Flexibility in Management: No requirement for a
board of directors, allowing for easier management.
No Audit Requirement: LLPs with a turnover of
less than ₹40 lakhs and a capital contribution of less than ₹25
lakhs are exempt from audit.
Less Compliance: Compared to Private Limited
Companies, LLPs have fewer compliance requirements.
Pricing Plans
Start
₹ 11,999 /-
Inclusive of all Tax
- Dedicated account manager
- DPIN for Designated Partners
- DSC for Designated Partners
- LLP Incorporation Certificate
- LLP PAN +TAN
- LLP Agreeement
- GST Certificate
Scale
₹ 21,999 /-
Inclusive of all Tax
- Dedicated account manager
- DPIN for Designated Partners
- DSC for Designated Partners
- LLP Incorporation Certificate
- LLP PAN +TAN
- LLP Agreement
- GST Certificate
- Annual Compliance ( Form 8 & 11 )
Grow
₹ 31,999 /-
Inclusive of all Tax
- Dedicated account manager
- DPIN for Designated Partners
- DSC for Designated Partners
- LLP Incorporation Certificate
- LLP PAN +TAN
- LLP Agreement
- GST Certificate
- Annual Compliance ( Form 8 &11 )
- 3 Months GST Filing (Turnover up to 25 lakhs)
- 3 Months Bookkeeping (Upto 200 Transaction)
- TDS Filing for 1 Quarter
- Monthly 1hr/Call with Senior CA/CS for your Business Growth
FAQ on Limited Liability Partnership Registration
A Limited Liability Partnership (LLP) is a business structure that combines the benefits of a partnership with those of a limited liability company. It offers the flexibility of a partnership while providing limited liability protection to its partners.
In an LLP, partners have limited liability, meaning they are not personally responsible for the business's debts and liabilities. In a traditional partnership, partners have unlimited liability and can be held personally responsible for the business's debts.
Yes, an LLP is a separate legal entity from its partners. This means it can own assets, enter into contracts, and sue or be sued in its own name.
LLPs must file:
- Annual Return (Form 11) within 60 days from the close of the
financial year.
- Statement of Account & Solvency (Form 8) within 30 days from the
end of six months of the financial year.
- Income tax returns annually.
An audit is mandatory if the LLP's turnover exceeds ₹40 lakhs or the capital contribution exceeds ₹25 lakhs. Smaller LLPs are exempt from audit requirements.