LLP Registration
Get the best of both worlds with Limited Liability Partnership - the flexibility of partnership with limited liability protection of a company.
What's Included:
- ✓DPIN for Designated Partners
- ✓DSC for Partners
- ✓Name Reservation
- ✓LLP Agreement Drafting
- ✓LLP Incorporation
- ✓PAN Registration
- ✓TAN Registration
- ✓GST Registration
- ✓Bank Account Opening Support
What is Limited Liability Partnership?
Limited Liability Partnership (LLP) is a hybrid business structure that combines the flexibility and tax benefits of a partnership with the limited liability protection of a company. It's governed by the LLP Act, 2008, and is perfect for professional service providers and small to medium businesses.
Limited Liability
Partners' personal assets are protected from business debts
Separate Legal Entity
LLP has its own legal identity independent of partners
Flexible Structure
Internal management structure can be customized as per needs
Perpetual Succession
LLP continues to exist despite changes in partnership
Benefits of LLP
LLP vs Other Business Structures
Compare LLP with other business structures to make an informed decision.
| Features | LLP | Partnership | Private Limited | Proprietorship |
|---|---|---|---|---|
| Limited Liability | ✓ Yes | ✗ No | ✓ Yes | ✗ No |
| Minimum Members | 2 | 2 | 2 | 1 |
| Compliance Burden | Low | Very Low | High | Very Low |
| Audit Requirement | If turnover > ₹40L | If turnover > ₹1Cr | Always Required | If turnover > ₹1Cr |
| Fundraising | Limited | Difficult | Easy | Very Difficult |
| Tax Rate | 30% + Cess | Partner Level | 25-30% + Cess | Individual Rate |
LLP Registration Process
Step-by-step process to register your Limited Liability Partnership.
DPIN & DSC
Obtain Designated Partner Identification Number and Digital Signature for partners.
Name Reservation
Reserve unique LLP name through online name reservation application.
LLP Agreement
Draft comprehensive LLP agreement defining partner rights and responsibilities.
Incorporation
File incorporation documents and obtain Certificate of Incorporation.
Required Documents
Documents needed for LLP registration and compliance setup.
Partner Documents
- •Aadhaar Card of all partners
- •PAN Card of all partners
- •Address proof of partners
- •Passport size photographs
- •Mobile number and email ID
- •Bank statement (recent)
- •Educational certificates
Registered Office
- •Rent agreement/Lease deed
- •Property ownership documents
- •NOC from landlord
- •Recent utility bills
- •Municipal tax receipt
- •Property tax receipt
LLP Documents
- •Proposed LLP name
- •LLP Agreement draft
- •Business activity details
- •Capital contribution details
- •Profit sharing ratio
- •Partner roles definition
LLP Agreement Contents
Essential clauses to be included in your LLP Agreement.
Basic Information
- ✓LLP name and registered office address
- ✓Partner names, addresses, and DPIN
- ✓Nature of business and main objects
- ✓Duration of LLP (if any)
- ✓Commencement of business date
Capital & Contribution
- ✓Initial contribution by each partner
- ✓Mode of contribution (cash/assets)
- ✓Additional capital requirements
- ✓Interest on capital contributions
- ✓Partner drawings and limits
Rights & Responsibilities
- ✓Rights and duties of partners
- ✓Designated partner obligations
- ✓Management and decision making
- ✓Authority and power of partners
- ✓Restriction on partner activities
Profit Sharing & Exit
- ✓Profit and loss sharing ratio
- ✓Distribution of profits
- ✓Partner retirement process
- ✓Transfer of partnership interest
- ✓Dissolution procedures
Annual Compliance Requirements
LLP compliance requirements are minimal compared to companies.
Annual Return
File annual return with statement of accounts and solvency
Statement of Accounts
Prepare and file statement of accounts and solvency
Income Tax Return
File ITR-5 for LLP income tax return
GST Returns
Monthly/Quarterly GST returns if registered
Audit (if applicable)
Statutory audit if turnover exceeds ₹40 lakhs
Change Intimation
Intimate changes in LLP within 30 days
Transparent Pricing
Complete LLP registration with comprehensive agreement and compliance setup.
Complete Package
- ✓DPIN for Designated Partners
- ✓DSC for Partners
- ✓Name Reservation
- ✓LLP Agreement Drafting
- ✓LLP Incorporation
- ✓PAN & TAN Registration
- ✓GST Registration
- ✓Bank Account Opening Support
- ✓Compliance Calendar
- ✓1 Year Expert Support