Service image: LLP Registration1200 × 630 px
The flexibility of a partnership, with limited liability
A Limited Liability Partnership (LLP) is registered under the LLP Act, 2008. Partners are not personally liable for the business's debts, and compliance is lighter than for a company. It suits professional firms, consultancies and family businesses.
Who it suits
- Professionals such as consultants, architects and agencies
- Small and medium businesses that want limited liability with fewer filings
- Founders who do not plan to raise equity from investors soon
Requirements
- At least 2 designated partners, with at least one resident in India
- A registered office address in India
- No minimum capital contribution
Documents you'll need
- PAN card and Aadhaar of all partners
- Passport-size photographs
- Recent bank statement or utility bill of each partner
- Office address proof with NOC from the owner
What we handle
- DSC for the designated partners
- Name reservation (RUN-LLP)
- Incorporation filing through FiLLiP
- Drafting and filing the LLP agreement (Form 3) within 30 days
- PAN and TAN for the LLP
Frequently asked questions
How long does LLP registration take?
Usually 10 to 15 working days, depending on name approval and the Registrar.
What are the yearly filings for an LLP?
Form 11 (annual return) and Form 8 (statement of accounts and solvency), plus the income tax return.
Can an LLP be converted into a company later?
Yes. An LLP can be converted into a Private Limited Company when you are ready to raise investment.