Effortless LLP Registration Made Possible with IndiaFilings

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IndiaFilings is your trusted companion throughout the entire LLP registration online journey. Here’s how we can assist you:

Experienced Professionals: Our skilled team knows the ins and outs of LLP company registration. We’ll provide you with accurate information, ensuring you grasp each step.
Name Availability: We’ll help you check if your desired Limited Liability Partnership (LLP) name is available and reserve it according to the rules.
DSCs and DINs: We’ll assist you in getting the Digital Signature Certificates (DSCs) and Director Identification Numbers (DINs) necessary for the process.
LLP Agreement: Our experts will aid in drafting the LLP Agreement, ensuring it’s legally sound. We’ll also manage to file the required documents with the authorities, keeping things accurate and compliant.
PAN and TAN Application: We’ll simplify the application process for your LLP’s Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN).
Customer Support: We’re here for you. Our customer support will address your questions, ensuring your LLP registration process journey is seamless.
Affordable LLP registration fees: Our LLP registration fees are designed to be affordable with high-quality service including, MCA name approval, instant filing, name choices, etc., for a seamless startup experience.
Timely Updates: You’ll receive timely updates on your LLP company registration progress, keeping you informed every step of the way.

With IndiaFilings as your partner, you can confidently navigate LLP formation with reasonable LLP registration fees, guided by experienced professionals who will ensure a hassle-free experience from start to finish.

Search Business Name Search Trademark

Check Business Name Availability

Find if business name can be registered with MCA in IndiaSearch

To register a company in India, the first step is to obtain name approval for the business from the Ministry of Corporate Affairs (MCA). This process takes about 24-48 hours. A private limited company name in India must end with the words private limited. One Person Company ends with (OPC) private limited. LLP end with LLP and Section 8 companies can end with words like foundation, association or institution.

A company name proposed to be registered cannot be identical or similar to an existing company name. Also, every company name must include a word that denotes the activity undertaken. For example, in VERVE Financial Services Private Limited – Financial Services denote the activity undertaken. Check Business Name Availability.

Proprietorship vs Limited Liability Partnership (LLP) vs Company

Features	Proprietorship	Partnership	LLP	Company
Definition	Unregistered type of business entity managed by one single person	A formal agreement between two or more parties to manage and operate a business	A Limited Liability Partnership is a hybrid combination having features similar to a partnership firm and liabilities similar to a company.	Registered type of entity with limited liability to the owners and shareholders
Ownership	Sole Ownership	Min 2 PartnersMax 50 Partners	Designated Partners	Min 2 DirectorsMin 2 ShareholdersMax 15 DirectorsMax 200 ShareholdersFor One Person Company1 Director1 Nominee Director
Registration Time	7-9 working days
Promoter Liability	Unlimited Liability		Limited Liability
Documentation	MSME GST Registration	Partnership Deed	LLP DeedIncorporation Certificate	MOA AOA Incorporation Certificate
Governance	–	Under Partnership Act	LLP Act, 2008	Under Companies Act,2013
Transferability	Non Transferable	Transferable if registered under ROF	Transferable
Compliance Requirements	Income tax filing if turnover is more than Rs.2.5 lakhs	ITR 5	Form 11 Form 8 ITR 5	ITR 6 MCA filing Auditor’sappointment Know More

Documents Required For LLP Registration

PAN Card Driving License

Passport (Foreign Nationals Only) Aadhaar Card

Voters Identity Card Passport Size Photo

Ration Card Recent Utility Bill : Business Place

LLP Registration FAQ’s

Who are eligible for LLP?

To form an LLP, at least two individuals (called Designated Partners) must be appointed. The individuals must be aged 18 or above and must possess a valid Indian address. Designated Partners can be individuals or bodies corporate (such as companies). Foreign nationals, foreign corporate bodies and limited liability partnerships can also be appointed as Designated Partners.

What is the LLP registration fees?

The LLP registration fees in India depends on the number of partners, the amount of the contribution made by each partner and any additional registration fees. There are additional costs associated with setting up an LLP in India, such as professional fees, stamp duty, and other registration requirements.

Is GST required for LLP?

Yes, Goods and Services Tax (GST) is required for all Limited Liability Partnerships (LLPs) depending on the type of services or goods they offer. LLPs are required to obtain a GST registration and file GST returns on a regular basis.

How to register LLP?

The process to register LLP is completely online. All you need to do is submit the documents online. Regular follow-ups will be done by our consultants.

What is DPIN (Designated Partner Identification Number)?

DPIN is a unique identification number assigned to both current and prospective designated partners of a Limited Liability Partnership (LLP). All present or future directors must obtain a DPIN.

How long does it take to incorporate an LLP?

The timeframe for LLP incorporation depends on document submission and government approvals. IndiaFilings can assist you in incorporating an LLP within approximately 14-20 days.

Can NRIs/Foreign Nationals be designated partners in an LLP?

An NRI can serve as a designated partner in an LLP, provided they possess a Designated Partner Identification Number (DPIN). However, it’s important to note that at least one designated partner in the LLP must be a resident Indian.

Do LLPs allow Foreign Direct Investment (FDI)?

FDI is allowed under automated route in an LLP by the Foreign Investments Promotion Board (FIPB). Note: Foreign Institutional Investors and Foreign Capital Investors are not allowed to invest in LLPs.

Can we convert a Partnership Firm into an LLP?

An existing partnership firm or a Company that is unlisted can be converted into an LLP. This conversion into an LLP brings in many benefits.

What documents are required for incorporating an LLP?

For the Partners

PAN or Passport
Any Identity proof
Bank statements
Registered office proof
NOC from the landlord to use the premises of the registered office
Any utility bills of the premises which are not less than two months.

Is LLP a good idea?

LLP is a combination of both Partnerships and a Limited Company, offering the advantages of both the companies

What are the compliances for LLP?

An LLP is supposed to file 1. LLP Annual return by Filing Form 11. 2. Final Statement of Account and Solvency 3. Income Tax Return.

Is it possible for an LLP to raise funds?

An LLP cannot raise funds from the public in any form. In an LLP only partners can contribute their capital and the liability of the Partners is limited to the extent of their contribution.

What is LLP registration?

LLP Registration is the registration of an entity that provides the advantages of a Company and the flexibility of a Partnership firm in a Single organization.

Which is better LLP or Private Limited Company?

It is always better to incorporate an LLP over a Private Limited Company as though both offer the same features. The cost to incorporate an LLP is less as compared to the Private Limited Company. Similarly, the LLP owner holds the ownership as well as control over the Company. The Compliances in the LLP are fewer as compared to a Private Limited Company.

How to start an LLP?

The process of starting an LLP is completely online. All you need to do is submit the documents online. Regular follow-ups will be done by our consultants.

How many people are required to incorporate an LLP?

A minimum of two partners is required to incorporate an LLP.

What are the benefits of the LLP?

There are various reasons why one should incorporate an LLP. The registration cost is low. No requrement for minimum contributuion. No limits on the owners of the business. It is not necessary to carry audit. There are fewer tax compliances

How many people are required to incorporate an LLP?

A Limited Liability Partnership must have a minimum of two Partners and an LLP can have any number of Partne

How to be a Partner in an LLP?

The designated Partner must be a natural person who is above 18 years of age. LLP Act 2008 allows a foreign national including Foreign Companies to incorporate an LLP in India, provided at least one designated partner is Indian.

How much capital is required to start a Limited Liability Partnership?

An LLP can be started with any amount of money there is no such minimum requirement. A partner may contribute both tangible and intangible property.

What is the main purpose of a limited partnership?

The main purpose a limited liability partnership (LLP) is to provide limited liability protection for the partners and also allowing them to share in the profits and losses of the business.
Refer to our article for more details on the purpose of LLP.

Who pays the debts of an LLP?

An LLP is responsible for its obligations, which means that the partners are not personally liable for any debts incurred by the LLP. But if an LLP can’t pay its debts, the partners only have to pay out any money they’ve invested into the firm and nothing more.
Click here to read more about who pays the debts of an LLP?

What are the limitations of LLP?

A single person cannot form LLP, a minimum of two members needed
Two foreigners cannot form LLP without having one Indian partner
LLP structure takes more days to form
Partners undertake to contribute some amount towards the LLP firm
Difficulty in the transfer of ownership
FDI in LLP is allowed only through the Government route. FDI in LLP under automatic way is not permissible.
LLP cannot raise External Commercial Borrowing (“ECB”)

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