Page is loading, just a sec...

Easily Register a LLP

Limited Liability Partnership (LLP) offer limited liability protection for an association of persons doing business. LLP is ideal for small businesses. IndiaFilings offers LLP registration from Rs.7899/-

LLP Registration, LLP Incorporation, Register a LLP, Limited Liability Partnership

Thank you for contacting us! Our Business Advisor will contact you soon.


Limited Liability Partnership

Limited Liability Partnership has been introduced in India by way of Limited Liability Partnership Act, 2008. The basic premise behind the introduction of Limited Liability Partnership (LLP) is to provide a form of business organization that is simple to maintain while at the same time providing limited liability to the owners. 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. Therefore, all partners have a form of limited liability for each individual's protection within the partnership, similar to that of the shareholders of a corporation. However, unlike corporate shareholders, the partners have the right to manage the business directly. An LLP also limits the personal liability of a partner for the errors, omissions, incompetence, or negligence of the LLP's employees or other agents. LLP is one of the easiest form of business to incorporate and manage.

Advantages of Limited Liability Partnership

Separate Legal Entity

A LLP is a legal entity and a juristic person established under the Act. Therefore a LLP form of organization has wide legal capacity and can own property and also incur debts. The Partners of a LLP have no liability to the creditors of a LLP for such debts.

Uninterrupted Existance

A LLP has 'perpetual succession', that is continued or uninterrupted existence until it is legally dissolved. A LLP, being a separate legal person, is unaffected by the death or other departure of any Partner but continues to be in existence irrespective of the changes in Partnership.

Audit NOT Required

A LLP does not require audit if it has less than Rs. 40 lakhs of turnover and less than Rs.25 lakhs of capital contribution. Therefore, LLPs are ideal for startups and small businesses that are just starting their operations and want to have minimal regulatory compliance related formalities.

Easy Transferability

The ownership of a LLP can be easily transferred to another person by inducting them as a Designated Partner of the LLP. LLP is a separate legal entity separate from its Managing Partners, so by changing the Managing Partners, the ownership of the LLP can be changed.

Owning Property

A LLP being a juristic person, can acquire, own, enjoy and alienate, property in its own name. No Partner can make any claim upon the property of the LLP so long as the LLP is a going concern.

Limited Liability

Limited Liability means the status of being legally responsible only to a limited amount for debts of a LLP. Unlike proprietorships and partnerships, in a LLP the liability of the members in respect of the LLP's debts is limited.

Got questions? Ask Lela

Hi, I am Lela...I can answer questions on
Call
Ask
  • Hi, I am Lela. I can answer any questions you have about starting a business or taxation or funding. You can click on the icons to the left or begin typing to find questions I can answer.

Want to know the basics?

Click below or start typing to get questions!

Corporate Entity Registration

Proprietorship Registration

Trademark Registration

VAT or TIN Registration

Service Tax Registration

MSME or SSI Registration

Import Export Registration

Bank Loan and Funding

Check Name Availability

Enter proposed LLP name to check availability against MCA database

Simple & Transparent Pricing

Basic

Rs.7899/-
all inclusive fees
Checkout

    LLP registration with DSC, DIN, LLP deed drafting, name approval, PAN, TAN and government fees for incorporation.

Standard

Rs.11899/-
all inclusive fees
Checkout

    LLP registration with DSC, DIN, LLP deed drafting, name approval, PAN, TAN, government fees for incorporation and one year TDS return filing.

Premium

Rs.17899/-
all inclusive fees
Checkout

    LLP registration with DSC, DIN, LLP deed drafting, name approval, PAN, TAN, government fees for incorporation, one year TDS return filing and trademark registration.

LLP Incorporation Process

LLP Incorporation

IndiaFilings.com can incorporate a Limited Liability Partnership in 14 to 20 days, subject to ROC processing time.





Obtaining DSC & DIN

Digital Signature Certificate(DSC) and Designated Partner Identification Number(DPIN) is required for the proposed Partners of the LLP. DPIN and DSC can be obtained for the proposed Partners within 5 to 7 days.

Name Approval

A minimum of one and a maximum of six proposed names must be submitted to the MCA. Subject to availability, naming guidelines and MCA processing time, Name Approval can be obtained in 5 to 7 working days.


LLP Incorporation

Incorporation documents can be submitted to the MCA along with an application for incorporation. MCA will usually approve the application for incorporation in 5 to 7 days, subject to their processing time.



INDIAFILINGS

India's Largest Business Services Platform
Welcome IndiaFilings

OUR MISSION

We help Entrepreneurs start and operate successful businesses

IndiaFilings.com is India's largest online business services platform dedicated to helping people easily start and manage their business, at an affordable cost. Our aim is to help the entrepreneur on the legal and regulatory requirements, and be a partner throughout the business lifecycle, offering support at every stage to ensure the business remains compliant and continually growing.

IndiaFilings.com partners with a network of experienced Chartered Accountants, Company Secretaries, Lawyers, Cost Accountants, Chartered Engineers, Ex-Bankers and Financial Experts across India to provide a comprehensive range of services for small and medium sized enterprises.


Reasons to choose IndiaFilings

In The Media

LEARNING CENTER

We have put together an amazing collection of article, guides, videos and business tips in our Learning Center. Planning to start a business or need legal help? Visit the IndiaFilings Learning Center and you will find articles and guides on a wide range of topics. Feel free to share our articles and bookmark the IndiaFilings Learning Center.
trademark-filing

Bank loan for Startups

Banks are one of the largest funders of startups in India, providing funding to thousand of startups each year. Learn about the types of bank loan available for startups in India.

start-business

2016 Budget

Review of the 2016 budget and measures announced for startups like tax breaks and changes announced in the Companies Act to enable fast company registration.

women-entrepreneur

Business Ideas

Business ideas for women, which give them an opportunity to work from home or independently - while easily managing their work, social and family life.

Money Back Guarantee

Not happy with the service? You can request a refund at anytime within 30 days!

24/7 Support

Get support through phone, email, mobile app or live chat - 24/7, 365 days.

EMI Payment

Easily pay online with EMI payments, credit or debit card, net banking, PayPal and more.