Limited Liability Partnership (LLP) Registration
@ Rs. 9,000 *
In 7 days From Any where At a Single Click
Get Quote Instantly in a Minute
Limited Liability Partnership
Ministry of Corporate Affairs implemented the limited liability act in 2008 to legally authorize the concept of Limited Liability Partnerships (LLPs). It is a corporate business vehicle that enables private companies and partnerships to combine and operate flexibly and efficiently by providing benefits of limited liability while allowing its members to organize their internal structure as a traditional partnership.
Unlike typical partnership firms that owe unlimited liabilities towards legal consequences by levying a direct threat to their personal assets for meeting the firm’s debts, a limited liability partnership acts as a security key to the person’s personal commodities by imposing limited liabilities on them individually for any kind of business threats.
Since the MCA specifically governs the LLP Act 2008, the provisions of the Partnership Act, 1932 do not apply to LLPs. Unlike regular partnerships firms, LLPs have separate legal recognition. They are capable of buying assets, entering, and suing contracts in their names. All partners in an LLP share business profits similarly to that of a typical partnership firm.
To register an Indian LLP, a subscriber foremost needs to apply for DIN or DPIN (Designated Partnership Identification Number) and acquire DSC (Digital Signature Certificate). Proceeding further the user needs to register themselves on the LLP portal for availing any of their services. On successful approval by the concerned official, one needs to file an LLP Agreement.
Here’s how it works
1. Fill Form
Simply fill the above form
to get started.
2. Call to discuss
Our expert will connect with you
& prepare documents.
3. Get certificate
Get your Company
Incorporation certificate
Benefits of LLP Registration
Limited Liability
The liability of each partner is limited to the extent of their share in the fir. This acts as a safety barrier for their personal assets that might be on the stake while dealing with the repayment of business debts and liabilities.
No minimum capital contribution required
Unlike the minimum capital requirement of INR 1 Lakh to set up a Private Limited Company, Limited Liability Partnerships (LLPs) can be formed without any such restrictions of minimum capital contribution.
Separate Legal Entity
A Limited Liability Partnership (LLP) has its own separate and independent existence from its partners as specified by the LLP Act. This means that the presence or absence of partners doesn’t affect the existence of LLP, mostly because a LLP incorporates various stakeholders.
No requirement of an annual audit
Unlike One Person Companies (OPC) or other business forms, Limited Liability Partnership (LLP) does not mandate an annual audit of its accounts or file requisitions. Although, it is advisable to get them done in due time to be able to avail significant compliance benefits.
Taxation
The taxes levied on Limited Liability Partnerships are much lower than that imposed on the other form of companies. Moreover, Limited Liability Partnership (LLP) is also not subjected to pay any tax while distributing profits to its partners.
Lower compliance burden means greater savings
A limited liability partnership is required to make only annual compliances, unlike private limited companies where approximately 6-10 compliances are to be filed annually. This eventually results in a larger and higher amount of total savings.
Minimum requirements for LLP Registration
Minimum 2 Partners
One of the Directors must be an Indian resident
DSC for All Partners
Minimum Authorized Share Capital 10,000/-
Rent Agreement
Address Proof
DIN for all Designated Partners
Documents required for LLP Registration
LLP Name
LLP Object
All Designated Partners PAN Card
All Designated Partners Aadhaar Card
All Partners Voter ID / Driving License
All Partners Latest Bank Statement
Latest Electricity Bill (For Address Proof)
Rent Agreement (If the office is Rented)
All Partners Email ID
All Partners Mobile Number
All Partners Photo
Inclusive In Our Service
DIN for 2 Designated Partners
Name Search & Approval
MOA + AOA
ROC Registration Fees
Drafting of LLP Agreement
Digital Signature Token for 2 Partners
Incorporation Certificate
LLP PAN Card
Domain Name + Web Hosting
LLP Name Approval
New Incorporation Kit
LLP TAN
+ 10 Email Ids for 1 year
Startup
9,000 00 ₹
7 Working Days - Two DIN, DSC, PAN, and TAN
- One RUN Form, Deed Matter
- All Government fee
- X
- Current Bank Account Open
- X
- X
- X
- X
Economy
10,000 00 ₹
7 Working Days - Two DIN, DSC, PAN, and TAN
- One RUN Form, Deed Matter
- All Government fee
- GST and MSME Certificate
- Current Bank Account Open
- X
- X
- GST Billing Software
- X
Business
20,000 00 ₹
7 Working Days - Two DIN, DSC, PAN, and TAN
- One RUN Form, Deed Matter
- All Government fee
- GST and MSME Certificate
- Current Bank Account Open
- Trademark Registration
- ISO Certification
- GST Billing Software
- X
Corporation
25,000 00 ₹
7 Working Days - Two DIN, DSC, PAN, and TAN
- One RUN Form, Deed Matter
- All Government fee
- GST and MSME Certificate
- Current Bank Account Open
- Trademark Registration
- ISO Certification
- GST Billing Software
- Website, Domain, Hosting, and Email Id’s