best-tips-for-llp-registration

LLP Registration In India

Apply for LLP Registration Online in India. Easy Process and Documentation. Register for Limited Liability Partnership Now!

Need Help with LLP Registration?

LLP stands for Limited Liability Partnership and is governed by the Limited Liability Partnership Act, 2008. The partner’s liability is to the extent of unpaid capital investment, already committed. LLP, requires a minimum of two partners, and there is no minimum limit of capital investment involved. LLP is preferred for small types of businesses in India. In the case of LLP one cannot raise funds from the general public. The process of LLP registration is fast and easy.

LLP is preferred over a Private Limited Company due to a lesser compliance burden as comparison to a Private Limited Company.

Before Registering Your Company Directly under Govt. of India

Avail Consultation from our expert CAs for Free!

Documents for LLP Registration

Colour Photograph of all Partners
PAN Card
Identity Proof

Voter ID / Drving License / Apssport / Adhaar Card.

Address Proof

Bank Statement / Electricity Bill/ Mobile Bill

Proof of Registered Office Address
Utility Bill as proof must not be older than two months.

Benefits of owning a Limited Liability Partnership

Limited Liability

Limited liability means that if the partnership fails, then creditors cannot go after a partner’s personal assets or income.
Helpful in Startup India Registration

Under the Startup India scheme one can avail various benefits like raising funds under Govt. Scheme, tax holiday, discounted fees for trademark registration etc.

No Mandatory Audit Requirement

In LLP, Mandatory Audit is not required as compared to Private Limited Company. The audit would be necessary only if turnover of the LLP exceeds sepcified limit.

Separate Property

A LLP being a seperate legal entity owns its assests and other properties in its own name. The property of LLP is not the property of its Partners.

Better Governed

LLPs are governed by the LLP Act, 2008 and have to follow various other regulatory procedures as issued by MCA21 from time to time.

Taxation Relief

LLP is not required to pay tax on profits distributed to partners whereas Company is required to pay dividend tax distributed to its shareholders.

How we can help in Registration Process

Fill our Application Form.

⟶1

We shall Call You for further Necessary Documents and details as and when required.

⟶2

We shall help in DSC application process

⟶3

Form FiLLiP will be filed for application of LLP Name, DIN and Registration Certificate together.

⟶4

LLP Agrrement Draftint and Notorised.

⟶5

LLP Agreement will be filed with ROC in Form – 3.

⟶6

Bravo! You’ve registered your LLP. 

👍

⟶7

FAQ

The Limited Liability Partnership (LLP) in India is governed by the provisions of the Limited Liability Partnership Act, 2008 under the guidelines of the Ministry of Corporate Affairs (MCA).

Yes! The registered LLPs in India can legally bring in the foreign investments from various sources.

It usually takes 15-20 days to incorporate an LLP, subject to ROC processing time.

There is no requirement of minimum capital contribution in a LLP.

Yes. A LLP can be partner in another LLP as it is formed as a separate legal entity as per the provisions of the Limited Liability Partnership Act, 2008.

The LLP Act prohibits LLPs from engaging in activities of Financial Services. An LLP cannot provide any financial services to the public, including banking and insurance, Investment in securities.