Quick & Easy LLP Registration

Registering a limited liability partnership is the most popular way of starting a professional services firm. It has various tax advantages and minimal compliance requirements.

    There are only 3 simple steps:
  • We will help you register your partners with the MCA (Ministry of Corporate Affairs)
  • We will help you pick the right LLP name
  • We will draft your company's constitution (LLP Agreement)
  • That's it. LLP incorporation is done. We will then help you get an LLP PAN and TAN.
    Please fill up the form below so you can speak to our legal advisor on the LLP registration process.
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LLP Registration: Online Process, Documents & Application

What is Limited Liability Partnership (LLP) Registration?

Limited Liability Partnership (LLP), introduced only in 2008, has quickly become a popular legal structure for businesses. Its main improvement over the General Partnership is that, as the name indicates, it limits the liabilities of its partners to their contributions to the business and also offers each partner protection from the negligence, misdeeds or incompetence of the other partners.

The LLP is also cheaper to incorporate than a private limited company, requires fewer compliances and can be a smart choice from a tax perspective. However, if you're looking to raise venture capital or attract talent with employee stock options, private limited is the way to go as LLPs cannot easily accommodate it. This is why they are most popular with professional services firms (web designers or architects, for example) that require no equity funding.

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Procedure for LLP Registration

6 Working Days

All the proposed partners need a Digital Signature Certificate (DSC), which is necessary to get them a Digital Partner Identification Number (DPIN). You will only need to provide a handful of scanned documents; our representatives will ensure the forms are correctly filled.

12 Working Days

As soon as we apply for the DSC, we will ask you for the unique name you wish to give your LLP. These will be used to file for incorporation with the MCA. The Certificate of Incorporation will be approved at the end of this process.

2 Working Days

Every LLP needs a registered Permanent Account Number (PAN) and Tax Account Number (TAN). We will make the application online ourselves, but you will need to courier hard copies of the required documents yourself. The PAN and TAN will be couriered to the your registered office address in 21 working days.

Steps to Register an LLP in India

Step 1: DPIN Application

The Designated Partner Identification Number (DPIN), which the two proposed designated partners must apply for, requires the following: passport-sized photograph, a scanned copy of either the telephone bill, driver’s license or previous two months bank statement, soft copy of the PAN card and a completely filled form. If the partner is a non-resident Indian, then a copy of the passport will replace the PAN card. The passport copy and address proof should be notarised by the Indian embassy, a foreign public notary or company secretary in full-time employment.

Step 2: DSC Application

With the DPIN, you can apply for the DSC for the two designated partners. The documents you need to submit for this are the same as those you need for DIN 1, along with the e-form.

Step 3: Name Reservation

You need to fill e-form 1 (available on llp.gov.in) to reserve the name of your LLP. Along with this, you must provide the main objects of your business and the significance of the name. You can check the availability of your name for free online. Factors to consider in LLP name reservation: a) Your name must be unique, at least in the sector in which you operate. b) There cannot be a trademark by the same name. You can verify this by running a search for free. c) You must include the business activity in your name. d) Abbreviations, adjectives and generic words are rejected, as are the words bank, exchange and stock exchange (unless you have the approval or RBI or SEBI).

Step 4: Document Verification & Approval

The documents filed for name reservation are examined, and, if approved, you can file the incorporation documents and subscription statement in e-form 2. This must be done within 60 days of name approval. If e-form 2 is accepted, you will receive the certificate of incorporation. But you’re still not done. Within 30 days from the receipt of incorporation certificate, you will need to file the LLP Agreement Form-3. The government will verify this and, if satisfied, approve your LLP Agreement.

Documents Required for LLP Registration

To be submitted by Partners

  • Scanned copy of PAN Card or Passport (Foreign Nationals & NRIs)
  • Scanned copy of Voter's ID/Passport/Driver's License
  • Scanned copy of Latest Bank Statement/Telephone or Mobile Bill/Electricity or Gas Bill
  • Scanned passport-sized photograph
  • Specimen signature (blank document with signature [partners only])
  • Note: Any one of the partners must self-attest the first three documents. In case of foreign nationals and NRIs, all the documents must be notarised (if currently in India or a non-Commonwealth country) or apostilled (if in a Commonwealth country).

    For the Registered Office

  • Scanned copy of Latest Bank Statement/Telephone or Mobile Bill/Electricity or Gas Bill
  • Scanned copy of Notarised Rental Agreement in English
  • Scanned copy of No-objection Certificate from property owner
  • Scanned copy of Sale Deed/Property Deed in English (in case of owned property)
  • Note: Your registered office need not be a commercial space; it can be your residence, too.

Advantages of LLP Registration

Limited Liability

Businesses often need to borrow money. In a General Partnership, partners are personally liable for all this debt. So if it cannot be repaid by the business, the partners would have to sell their personal possessions to do so. In an LLP, only the amount invested in starting the business would be lost; all personal property would be safe.

Reduced Compliance

An LLP only requires audited annual returns to be filed if it has a turnover of greater than Rs. 40 lakh or capital contribution of over Rs. 25 lakh. It also needs to communicate fewer business transactions and structural changes than a private limited company.

Tax Advantages

There are some important advantages over the private limited company. For example, Dividend Distribution Tax and tax surcharge don't apply. Loans to partners are also not taxable as income.

FAQs on LLP Registration

  • 1. What is the eligibility of designated partners/partners in an LLP?
    Any individual, or even a company or an LLP, can become a partner. However, only an individual can become a ‘designated partner’ in an LLP.
  • 2. I am an NRI. Can I start an LLP business in India?
    Yes, non-resident Indians and foreign nationals who are willing to enter into an LLP partnership can do so, provided they submit the necessary documents after getting it notarized by the concerned authorities. Although, at laest one of the designated partners in an LLP should be an Indian national.
  • 3. What are the rules of starting an LLP?
    Any group of persons who have or want to invest money in a business can start an LLP. A person or an investor becomes a partner, according to the LLP agreement, as provided in the Act of 2008. Also, the investors/partners are owners of the business started under the LLP.
  • 4. What is an LLP agreement?
    An LLP agreement is one that is made between the partners and the LLP regarding the relationship between the individual partners in the LLP. An LLP agreement usually consists of management policies, inclusion of new partners, policy making strategies, and so on.
  • 5. What is the minimum number of partners required to start LLP?
    According to the LLP Act, a minimum of two designated partners are required to start an LLP. The designated partners are responsible for fulfilling all the essential requirements involved in starting and running an LLP.
  • 6. What kind of start-ups commonly register LLPs?
    Typically, only start-ups that will not be looking for venture capital funding register LLPs. This is because venture capitalists only invest in private and public limited companies.
  • 7. Is it cheaper to run an LLP than a private limited company?
    Yes, it is much cheaper to run an LLP than a private limited company, particularly in your early start-up days. This is because many compliances, such as an audit, apply to LLPs only after their turnover is sizeable. Most LLPs spend about half as much as a private limited company in their first year on registrations and compliance work.

Compare Your Options

Limited Liability Partnership One Person Company Private Limited Company Partnership Firm Sole Proprietorship
Recommended For
Professional services firms Solo promoters Start-ups and growing companies Home businesses Small manufacturers & traders
Ease of Accommodating Investment
Possible, but unlikely Possible, but severely unlikely Very easy to accommodate Almost impossible Impossible
Limited Liability Protection
Yes Yes Yes No No
Tax Advantages
Most efficient Few benefits Few benefits Minimal Minimal
Perpetual Existence
Yes Yes Yes No No
Statutory Compliances
Low High High Minimal Minimal
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Why Vakilsearch

20 Working Days

Just tell us a little bit about your business and you'll have the incorporation certificate in 20 working days. It's that simple. In addition to yours, we'll be handling around 400 requests this month.

9.1 Customer Score

We make your interaction with government as smooth as is possible by doing all the paperwork for you. We will also give you absolute clarity on the process to set realistic expectations.

160 Strong Team

Our team of experienced business advisors are a phone call away, should you have any queries about the process. But we'll try to ensure that your doubts are cleared before they even arise.