LLP Registration

LLP Registration in India

A Limited Liability Partnership (LLP) combines the flexibility of a traditional partnership with the limited liability protection of a company. Governed by the LLP Act, 2008, it is ideal for professionals, service firms, small businesses, and startups seeking a low-compliance yet legally robust structure.

About LLP

An LLP is a separate legal entity from its partners — it can own property, enter contracts, and sue or be sued in its own name. Unlike a Private Limited Company, an LLP does not have shareholders but has designated partners who manage its affairs. It is particularly popular among CA firms, law firms, consulting firms, and technology service providers.

Key Benefits

• Limited liability protection for all partners — personal assets not at risk.
• No minimum capital requirement to register.
• Lower compliance burden compared to a Private Limited Company.
• Separate legal entity with perpetual succession.
• No mandatory statutory audit if annual turnover is below ₹40 lakhs.
• No dividend distribution tax — profits distributed directly to partners.
• Flexible profit-sharing and management arrangements.

Documents Required

• PAN Card and Aadhaar Card of all designated partners.
• Address proof of all designated partners.
• Proof of registered office address (rent agreement + utility bill or NOC).
• LLP Agreement defining profit-sharing, roles, and obligations.
• Class 3 DSC of all designated partners.
• DPIN (Designated Partner Identification Number) for all partners.

Registration Process

1. Reserve the LLP name via RUN-LLP form on the MCA portal.
2. Obtain Class 3 DSC for all designated partners.
3. Apply for DPIN for all designated partners.
4. File FiLLiP (Form for incorporation of LLP) on the MCA portal.
5. Draft and file the LLP Agreement in Form 3 within 30 days of incorporation.
6. Receive Certificate of Incorporation from ROC.
7. Apply for PAN, TAN, and GST registration.

Timeline

Approximately 10–15 working days.

Why Choose Tax Precision?

• Expert LLP Agreement drafting tailored to your business needs.
• End-to-end registration from name reservation to Certificate of Incorporation.
• DSC, DPIN, and FiLLiP filing handled seamlessly.
• Post-incorporation GST, PAN, and bank account assistance.
• Annual compliance (Form 8, Form 11) management available.