LLP Registration Online
Get your LLP registered @ ₹8,499 Only!
- Lowest Price Guarantee
- Quick and Hassle-Free Process
- Incorporation Certificate in 7 Days
- Free Expert Assistance for Lifetime
LLP Registration in India - Online Procedure, Documents Required, Cost
The LLP full form is a Limited Liability Partnership. LLP is a newer form of business in India with limited liability benefits of a private limited company and the flexibility of a partnership firm. The concept of the LLP was introduced in India in 2008 and is regulated by the Limited Liability Partnership Act, 2008.
The maintenance cost and compliances are less in LLP; hence, it has become a preferred form of business organization among entrepreneurs. This form of business structure is ideal for small and medium-sized businesses.
It is easy to start and manage a Limited Liability Partnership in India. A minimum of two partners are required to register an LLP, and there is no upper limit. The LLP Agreement governs the rights and duties of the designated partners. They are directly responsible for the compliances and all the provisions specified in the LLP agreement.
Table of Content
What is LLP Registration?
Limited Liability Partnership Registration, or LLP Registration, is a company type that merges the characteristics of corporations and partnerships. The core idea behind LLP is that the partners enjoy limited liability. Business partners in LLP have nonabsolute liability. The partners are not personally liable for business losses or indebtedness that is more than their investments within the partnership enterprise.
Although LLP registration offers the flexibility and tax advantage of a partnership, it also provides protection from liabilities such as a corporation. LLP registration is favored by professional service providers such as accountants, lawyers, and consultants. They are also employed by firms operating in various industry segments. LLPs are regulated by the laws and rules of the relevant jurisdictions for incorporation and business.
Benefits of LLP Registration
1. Separate legal entity
An LLP is a separate legal entity from its partners. It is a major benefit that is not available for partnership firms.
2. Limited liability
It helps in protecting the personal assets of the owners with limited liability protection.
3. Lower cost
The cost of registering an LLP is comparatively lower than a private limited company.
4. No minimum capital required
An LLP can be formed with the least amount of capital as there is no minimum capital requirement for forming an LLP.
5. Minimal compliances
One of the key benefits of registering an LLP is lower compliance requirements. Mandatory criteria for annual compliances of an LLP are on the lower side as when turnover is less than 40 lakhs, LLP audit is optional.
Checklist for LLP Registration
Following are the requirements for incorporating an LLP in India:
Minimum two partners
At least one partner should be a resident of India
DSC for all designated partners
DPIN for all designated partners
Unique name of the LLP that is not similar to any existing LLP or company or trademark
Capital contribution by the partners of LLP
LLP agreement between the partners
Address proof for the office of LLP
LLP Registration process
The step-by-step procedure of LLP registration in India is as follows:
LLP Registration Fees in India
The incorporation cost of registering an LLP in India, including government and professional fees, is ₹8,499 Only with Professional Utilities.
Steps |
Cost (Rs.) |
|
|---|---|---|
1 |
Digital Signature Certificate |
₹3,000 |
2 |
Government Fee |
₹1,500 |
3 |
Professional Fee |
₹3,999 |
4 |
Total Fee |
₹8,499 |
Explore Our Company Incorporation Packages
Basic
Suitable for Startups
- LLP Incorporation Certificate
- DSC for Partners
- DPIN for Partners
- Stamp Duty Charges
- LLP Master Data
- LLP Agreement Drafting
- LLP PAN & TAN Application
Standard
Suitable for Startups
- GST Registration
- Auditor Appointment
- Commencement of business
- Issuance of Share Certificate
- MSME Registration
- Copies of Business Documents
Premium
Suitable for Startups
- Trademark Registration
- Current Account Opening Support
- Annual Compliance
- Startup India Registration
Documents required for LLP registration
Documents of both the partners and LLP have to be submitted for incorporating a Limited Liability Partnership:
Documents of partners
ID proof of partners
Address proof of partners
Residence proof of partners
Passport size photograph
Passport (in case of foreign nationals / NRI)
Documents of LLP
Proof of registered office address
Digital Signature Certificate
How to register an LLP with Professional Utilities?
The expert team at Professional Utilities can help you incorporate a Limited Liability Partnership in India. Register your LLP online in a fast and most affordable manner in three easy steps:
Conclusion
Registering a Limited Liability Partnership (LLP) in India offers businesses a flexible and legally recognized framework that merges the benefits of limited liability with ease of operation. It is especially ideal for startups, professionals, and small enterprises looking for an affordable substitute for a private limited company.
The registration of an LLP allows for smoother compliance, tax advantages, and legal protection, thus ensuring smooth business operations while protecting the interests of the partners. With Professional Utilities, you can make the registration process easier with expert support, ensuring seamless documentation and government approvals.
Start your LLP registration today and take the first step toward building a legally compliant and scalable business!