LLP Registration in India

LLP Registration in India

Welcome to Tax Gyaani, your reliable partner for hassle-free LLP registration in India. A Limited Liability Partnership (LLP) combines the flexibility of a traditional partnership with the limited liability protection of a company. It's perfect for professionals, consultants, startups, service providers, and small businesses seeking credibility, tax efficiency, and easier management. Governed by the Limited Liability Partnership Act, 2008, and regulated by the Ministry of Corporate Affairs (MCA), our experts handle the entire online LLP registration process smoothly and compliantly.

What is a Limited Liability Partnership (LLP)?

An LLP is a separate legal entity where partners enjoy limited liability—personal assets remain protected from business debts beyond their contribution. Unlike general partnerships, LLPs offer perpetual succession and professional structure without heavy compliance burdens. Key highlights include:

• Minimum 2 partners (no upper limit).
• At least 2 designated partners, with one Indian resident.
• Partners can be individuals, NRIs, foreigners (subject to rules), or body corporates.
• No minimum capital contribution required.
• Ideal for professional firms, SMEs, and service-oriented businesses.

LLP registration in India is fully online via the MCA portal using forms like FiLLiP (for incorporation) and Form 3 (for LLP Agreement), making it quick and efficient.

Benefits of LLP Registration

Choosing LLP registration in India offers significant advantages over other structures:

• Limited Liability Protection: Partners' personal assets are safe from business liabilities.
• Lower Compliance & Cost: No mandatory audit if turnover < ₹40 lakh and contribution < ₹25 lakh.
• Flexible Management: Easy to add/remove partners; governed by LLP Agreement.
• Tax Efficiency: Treated as a partnership for tax purposes—pass-through taxation, eligible for deductions.
• Separate Legal Entity: Owns assets, enters contracts, and continues despite partner changes.
• Ease of Funding: Better credibility for loans and investments.
• No Minimum Capital: Start with low or zero contribution.
• Perpetual Succession & Credibility: Enhances trust with clients, banks, and government schemes.

Opt for online LLP registration to enjoy these benefits with minimal hassle.

Eligibility Criteria for LLP Registration

To qualify for LLP registration in India, meet these requirements:

• Minimum 2 partners (individuals or entities); no maximum limit.
• At least 2 designated partners (natural persons); one must be an Indian resident.
• Partners must be 18+ years old and not disqualified under law.
• Valid registered office address in India.
• No minimum capital contribution needed.
• At least one designated partner must be an Indian resident (stayed 120+ days in previous year).

NRIs and foreigners can partner, but comply with FDI and RBI norms for Limited Liability Partnership registration.

Documents Required for LLP Registration

Gather these key documents for smooth LLP registration online—our team verifies and submits them digitally:

• Identity Proof: PAN card (mandatory for Indians), Passport (for NRIs/foreigners, notarized/apostilled if needed).
• Address Proof: Aadhaar, Voter ID, Driving License, Passport, or utility bill (not older than 2 months).
• Registered Office Proof: Rent agreement/NOC from owner + recent utility bill.
• Photographs: Passport-size photos of partners.
• DSC: Class 3 Digital Signature Certificate for designated partners.
• DPIN/DIN: For designated partners (applied via FiLLiP if not held).
• Other: LLP Agreement draft, consent letters, proof of contribution.

We ensure accurate submission to prevent MCA rejections during LLP incorporation in India.

Step-by-Step Process for LLP Registration

Tax Gyaani streamlines the LLP registration process in India, typically completed in 7-15 days:

• Obtain DSC: Class 3 DSC for all designated partners.
• Apply for DPIN: Via FiLLiP form (free if applied together).
• Name Reservation: File RUN-LLP with 2 name options (approval in 1-2 days).
• File FiLLiP Form: Integrated form for incorporation, PAN, TAN, and other details.
• Pay Fees & Stamp Duty: Online based on contribution level.
• LLP Agreement: Draft and file Form 3 within 30 days of incorporation.
• Certificate Issuance: MCA issues Certificate of Incorporation with LLPIN.
• Post-Registration: Open bank account, apply for GST (if applicable), start operations.

Our experts manage filings, follow-ups, and compliances for quick online Limited Liability Partnership registration.

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