Limited liability Partnership Company Registration in India
Through 100% online process, we provide fast and economical service to register a limited liability partnership company.
Starting at ₹5998*
What is a Limited liability partnership in India?
A Limited Liability Partnership is the newest type of business entity that was introduced in 2008 by the Ministry of Corporate Affairs.
Limited Liability is shortly known as LLP. Basically, it is a lawful partnership between two or more business partners just similar to a private limited company. Each business partners are provisioned with limited responsibility which means they are not completely responsible for the business debts or accountabilities.
Partners in LLP are not responsible for insignificant action or violation of a single partner. Each partner is liable for their own actions.
Limited Liability partnership Registration Benefits
It is very simple to start and manage a business like entrepreneurs. LLP agreements are personalized according to the requirements of partners involved.
Minimum capital :
It can be started with a minimum amount of capital money. Capital money can be substantial(real), assets like land, machinery or intangible form. In case of private limited company and public limited company the capital money required is Rs.1,00,000 or Rs. 5,00,00. Whereas no such necessary capital is required under LLP.
Two Partners Minimum :
LLP requires a minimum of two business partners. It can be varied from 2 or more business partners. There is no such restriction on the maximum number of business partners in contradiction to a private limited company wherein there is a restriction of not having more than 200 partners.
Cost of registration is less :
The cost of registration is low compared to other companies like private and public limited company.
Compulsory audit is not required :
In LLPs, it is not mandatory to audit the accounts.But it is necessary to audit the accounts in the following circumstances
*when LLP exceeds the contribution of Rs.25 Lakhs.or
*when LLP exceeds the annual turnover of Rs.40 Lakhs.
Limited Liability Partnership Registration FEES: How much does it cost to start an LLP in India?
The Cost of LLP Registration in India would start around INR 5,000/- to INR 10,000+ depending upon the No. of Partners, No. of members, authorized capital and Professional fees.
Professional fees vary on the complexity of the business formation.
Starting at ₹5998*
How to search a LLP registration name availability?
Go to MCA’s official website
The Registrar of Companies (RoC) which is part of MCA across India expects applicants to follow a few naming guidelines. Some of them are subjective, which means that approval can depend on the opinion of the officer handling your application. However, the more closely you follow the rules listed below, the better your chances of approval.
The first part of the name should be a unique and not similar or trademarked name. The second part/suffix should be describing the area of business. The name will end with LLP.
For Eg., Salubrity Nutritional Ventures LLP
Abbreviations, adjectives and generic words are rejected.
Consult us for specific advice on getting your desired legal name for your company
Documents required to register a Limited Liability Partnership
Utility Bill as proof must be Latest less than 30 days old
NOC from owner of premises + Rental agreement OR sale deed
Signed Declaration (s) from Promoters.
Email of LLP
Mobile of LLP
Address Proof Documents
Bank Statement or Passbook with the transaction entry less than 30 days old,
Electricity Bill in the name of the promoter less than 30 days old,
Telephone bill, or any other Mobile Bill less than 30 days old,
Utility bill in the name of promoters like Gas Bill less than 30 days old,
Photographs of Partners.
PAN Card of Each Partner.
Passport if available
Address Proof of Promoter
Mobile Number (personal)
NOTE: Further documents and scrutiny can be made on a case by case basis which is beyond our control.
LLP Registration Process:(with time required)
To register an LLP, it takes minimum of 5 working days* to process if all documents are received without any issues.
The issues arise when there is name mismatch between identity documents of partners.
We will help you with all the documents through our Documents verification team.
Frequently Asked Questions
The application of DIN allotment is made with incorporation application in FiLLiP subject to maximum 2 DIN.
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