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LLP Registration in India – RUDRA BPO
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LLP Registration in India

Free Expert Consultation

Limited Liability Partnership (LLP) Registration is easy, online and fast. We provide DIN, DSC, Name Approval, and LLP Registration Certificate in all our packages. Post Incorporation we assist in LLP Agreement filing and getting the LLP’s PAN and TAN Numbers.

Package Inclusions
  • Two Digital Signature
  • DIN for Two Partners
  • Name Availability Search
  • Certificate of Incorporation
  • LLP Agreement Drafting
  • LLP e-PAN and TAN
  • Filing of Form -3
  • E-Kit With Application Copies

Only administrators can add new users.

LLP Registration in India – Overview

Limited Liability Partnership is a new form of Partnership Structure introduced in India under the LLP Act of 2008. The purpose behind its introduction is to overcome all traditional partnership flaws and provide a better alternative to startups. The flaws an LLP overcomes include unlimited liability, no separate management structure, and limited existence of the firm. These flaws bring immense challenges in operating a firm and for the want of a better alternative, the LLP was introduced.

LLP is Best Suited For:
Partnership Businesses
Having Multiple Partners
Seeking Continued Existence
Flexibility in Management
Easy Transfer of Ownership

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Checklist & Documents

The table below contains two checklists. The first checklist mentions all the minimum requirements for LLP incorporation. The second checklist refers to the LLP registration documents and include the documents of Partners and Registered Office Premises. Both these checklists are necessary for a successful LLP Registration in India.

Minimum Requirements
Minimum 2 Partners
No Maximum Limit for Partners
2 to 15 Designated Partners
Any Level of Capital
A New & Unique Name
A Registered Office Address
List of Documents
  • Documents of Partners
    • Colour Photo
    • PAN Card
    • Aadhar Card
    • Latest Address Proof
  • Registered Premises
    • Latest electricity or water bill
    • NOC from the owner

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Note:
  1. Partners include Partners as well as Designated Partners of the LLP.
  2. We recommend you send the soft copies of all documents. Also, send us the filled questionnaire that our startup advisors will share with you. We will verify the information and legal documents sent to us. Please contact us for clarification and a copy of the prescribed NOC format.
How to Register LLP in India? – Stepwise Process

With digitization of all MCA services, the LLP Registration process has become quicker, easier and way more hassle-free than before. There is no requirement for visiting the ROC’s Office to submit the required application and documents now. The entire process has been shifted online and can be completed in just a few simple steps.

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Benefits of LLP Registration in India

A Limited Liability Partnership was introduced with the primary objective of overcoming all the flaws of a traditional Partnership structure. So, most of its features closely resemble a Limited Company rather than a traditional Partnership Firm. This enables it to offer multiple benefits that a Firm does not. The table below lists all such LLP benefits in detail for your comprehensive understanding.

Limited Liability

Liability of Partners is limited as per the terms mentioned in the LLP Agreement. Their personal assets are not at risk while paying-off the LLP’s liability.

Attractive for Investors

A distinct legal identity of the LLP lends it credibility and makes it attractive for investors. Investors can inspect the LLP’s data before investing their capital into it.

Preferred by Creditors

Banks and Financial Institutions prefer to lend funds to businesses that are registered with the government. This is because their credentials and financial status are verifiable in real time.

Easy to Incorporate

An LLP is quick, easy and affordable to incorporate, thanks to a 100% online mode of application. Every step is completed online from filing to documents and authorised signature.

Preferred by Creditors

An LLP is only required to file its annual returns and financial statements to the ROC every financial year. Such a low number of Compliance makes operating an LLP extremely affordable and hassle-free.

Flexible to Manage

An LLP is managed according to the terms of the LLP Agreement. Also, partners from among themselves choose and appoint designated partners as sole authority to control the management.

Partnership Firm vs LLP Registration

If you’re looking forward to setting up a Partnership business, an LLP can be your best choice! To know why, refer to the table below. We have compared a traditional partnership firm with an LLP here, highlighting both their advantages and disadvantages. Weighing LLP advantages and disadvantages against a Partnership Firm will help you make an informed choice among the available options.

Limited Liability Partnership (LLP)

Merits (Pros)

Limited Liability
Perpetual Existence
Distinct Legal Identity
Low Compliances
Quick & Affordable Incorporation
Low Tax Rate
High Investment Potential
Separate & Flexible Management

Demerits (Cons)

Ownership Transfer Can be Challenging
Lack of Strong Management Structure
High Penalties for Non-Compliances
Public Disclosure of Records & Documents
Partnership Firm

Merits (Pros)

Optional Registration
Low Compliance
Flexible in Operating
Simple Formation

Demerits (Cons)

Unlimited Liability for Partners
Limited Existence
Limited Investment Potential
No Transfer of Ownership
No Separate Management
No Tax Benefits for Partners
Your Attractive Heading

We at Setindiabiz offer comprehensive legal assistance for the formation of Limited Liability Partnerships. Our services cover everything from documentation to incorporation and compliance, with a team of experienced CAs, CSs, and lawyers working on our behalf. Additionally, our customer support is available 24/7 to address any questions you may have.

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