Online Limited Liability Partnership Registration

  • Get Partners DIN & Digital Signature
  • We help In Unique Business Name Registration
  • Our Expertise in Drafting LLP Agreement For Your Business
  • PAN
  • TAN

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Limited Liability Partnership (LLP) Registration

Limited Liability Partnership has been introduced in India by way of Limited Liability Partnership Act, 2008. LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a Partnership. A Limited Liability Partnership combines the advantages of both the Company and Partnership into a single form of organization and one partner is not responsible or liable for another partner’s misconduct or negligence. It is very easy to do LLP Registration in India , as the process is very simple as compared to Companies and does not involve much formality. A LLP is indeed advantageous because of comparatively lower cost of formation, lesser compliance requirements, easy to manage and run, partners are not liable for the acts of the other partners.

LLP Incorporation in India is made more easy by Ministry of Corporate Affairs. From 2nd October 2018 earlier process of LLP registration has been modified. Now the new process is much simpler and with fast tack mode. Experts at Lalit Aggarwal & Co. have helped number of start-ups for LLP Registration. In all major cities of India Our services are reliable and quick.

Legal Compliances for Limited Liability Partnership (LLP)

Advantages of Limited Liability Partnership Registration

It’s quick and easy to get started

It’s now very easy to start up a proprietorship business. In fact you can get a proprietorship firm register within few days. We will help you to Register the name of your business with the Secretary of State or the Department of Corporations in your jurisdiction.

Limited Liability

A Limited Liability Partnership (LLP) exists as a separate legal entity from your personal life. Both LLP and person, who own it, are separate entities and both functions separately. Liability for repayment of debts and lawsuits incurred by the LLP lies on it and not the owner.

Easy transfer of ownership

It is easy to become a Partner with minimum number of documents or leave the LLP or otherwise it is easier to transfer the ownership in accordance with the terms of the LLP Agreement.

Body Corporate

Just like a Company, LLP is also body corporate, which means it has its own existence as compared to Partnership. LLP and its Partners are distinct entity in the eyes of law. LLP will know by its own name and not by the name of its partners.

Taxation Aspect on LLP

For income tax purpose, LLP is treated on a par with partnership firms. Thus, LLP is liable for payment of income tax and share of its partners in LLP is not liable to tax. Thus no dividend distribution tax is payable.

Raising Money

Financing a small business like Sole Proprietorship or Partnership can be difficult at times. A LLP being a regulated entity like Company can attract finance from Investors, financial institutions etc.

To register your LLP firm...

Call us at: 999 956 5491 or Email us: Lalit.agrwal@gmail.com

What Your LLP Registration Agreement Contains

  • Basic information about all partners , addresses and type of business
  • Amount of capital introduced in LLP
  • Profit and Loss sharing ratio of Partners
  • Details of scope of business to be carried by LLP
  • Description like adding new partner or retirement of partner

Documents Required for LLP Registration

ID and Address Proof (Partners Details) & LLP Address

REGISTER OFFICE DETAILS (IF RENTED)

  • A copy of rental agreement or lease agreement is required.
  • Copy of Latest Electricity bill or Property Tax receipt or Water Tax receipt.
  • Copy of No Objection Certificate from the owner of the property (We shall share format)

REGISTER OFFICE DETAILS (IF OWNED)

  • A copy of Sale Deed and Electricity bill is sufficient.

What We Offer for LLP Registration

Name Approval

Certificate of Incorporation

PAN Registration

TAN Registration

Digital Signature

DIN of Director

10+ Premium Legal Agreements

MSME Registration

Shop Act Registration

Limited Liability Partnership (LLP) Registration Process

1

Digital Signature

DSC is required for Proposed Partners.

2

DPIN Application

An application shall be made for opting Designated Partners Identificatoin No. (DPIN)

3

Name Approval

Making Application for Proposed Name of LLP from Option given by directors

4

Incorporation

Submission of documents to MCA with Consent Letter , Partnership Deed and supporting documents. And follow up for certificate.

5

Start Business

Once incorporated, can commence business ,Apply PAN, Open bank account.

Send us all information about LLP Registration in our mailbox

FAQ -Limited Liability Partnership (LLP) Registration

A LLP is a new form of legal business entity with limited liability. It is an alternative corporate business vehicle that gives the benefits of limited liability but allows its partners the flexibility of organizing their internal structure as a traditional partnership. The LLP is a separate legal entity and, while the LLP itself will be liable for the full extent of its assets, the liability of the partners will be limited.

At least two partners required to register a LLP

The Designated Partners needs to be over 18 years of age and must be a natural person. Even foreign nationals can be appointed as a Partner with the approval for Foreign Contribution Promotional Board.

Yes. LLP registration can be done at friend / relative address. You just need to submit Address proof that can be Light bill / Corporation tax Paid receipt / Index II and NOC ( No objection certificate ) for same.

Yes. The LLP Agreement contain details about partners , nature of business , rights and liabilities of partners. LLP Agreement need to be filed with in 30 days from date of registration of LLP.

After LLP Registration , need to apply separately for PAN & TAN of firm with NSDL Centre. It generally takes 1 week time to get PAN & TAN physical copies.

For Opening a current account need firms PAN , COI , deed , address proof and partners KYC documents. Generally bank take 2-4 working days for opening a current account.

Yes. Company can become partner in LLP. Basic requirement is LLP need to have minimum designated partner.

Yes. FDI is allowed in LLP by using automatic route in the sectors which are allowed by Foreign Investments Promotion Board (FIPB). Also point to note that LLP can not avail External Commercial borrowing (ECB).

1. Minimum 2 Individuals as designated partners 2. out of above 2 , one must be Indian resident. 3. Place of LLP registration should be in India

Our process of registration is 100 % online. There is no need you be to be present at our office. We just need few scanned documents over mail. You will get registration documents by courier from our side.

Yes. However pre condition is that they holding a DIN/DPIN. One partner need to be Indian residence. Foreign partner can hold majority of percentage in LLP

Yes. Salaried person can become Partner in LLP. Person need to check with employer that where there is any restriction on it. However most of time companies don’t have such conditions.

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Call us at: 999 956 5491 or Email us: Lalit.agrwal@gmail.com

Compare Your Options

Recommended For
Investment
Limited Liability Protection
Tax Advantages
Perpetual Existence
Statutory Compliances
Persons Required

Private Limited Company

Start-ups and growing companies
Very easy to accommodate investment & bank Loan
Yes
Few benefits
Yes
Moderate
Minimum 2

Limited Liability Partnership

Professional services firms
Possible, but unlikely
Yes
Few benefits
Yes
Low
Minimum 2

One Person Company

want be One Owner
Possible, but severely unlikely
Yes
Few benefits
Yes
Low
Max 1

Partnership

Regular Business
Possible to take loan from bank
No
Minimal
No
Minimal
Minimum 2

Sole Proprietorship

Small & Midsize business
Moderate
No
Minimal
No
Minimal
Max 1

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+91 999 956 5491