LLP Registration

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LLP Company Registration

   with our Expert Assistance

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  • Funding Assistance upto 10 crores
  • Compliance Assurance
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What is LLP Registration?

The concept of the Limited Liability Partnership (LLP) was introduced in India in 2008. The Limited Liability Partnership Act, 2008 regulates the LLPs in India. Minimum two partners are required to incorporate an LLP, however, there is no upper limit on the maximum number of partners of an LLP. 

Limited Liability Partnership (LLP) has become a preferred form of organization among entrepreneurs in India. An LLP incorporates the benefits of a partnership firm and a company. As the name suggests, an LLP is a partnership firm established by a minimum of two partners who enter into an LLP agreement. However, the partners of an LLP have limited liability and the LLP has perpetual succession just like a company.

Among the partners, there should be a minimum of two designated partners who must be natural persons, and at least one of them should be resident in India. The rights and duties of designated partners are governed by the LLP agreement. They are directly responsible for the compliance of all the provisions of the LLP Act, 2008 and provisions specified in the LLP agreement.

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Features of LLP Registration

Why most people choose MicroFinance as compared to other Business entities
1• Separate Legal Entity
An LLP has a distinct legal identity separate from its partners. It can own property, enter contracts, sue, and be sued in its own name, just like a company.
2• Minimum Two Partners Required
To establish an LLP, at least two individuals must come together as partners. These partners agree to run the business jointly while sharing responsibilities and profits.
3• No Limit on Maximum Partners
There is no upper limit on the number of partners in an LLP, making it suitable for both small and large professional teams, firms, or businesses.
4• Designated Partners
Every LLP must have at least two designated partners, responsible for regulatory and legal compliance. These partners are officially accountable under the LLP Act.
5• One Resident Partner Required
At least one designated partner must be a resident of India, meaning they should have stayed in India for a minimum of 182 days in the previous year.
6• Limited Liability Protection
Each partner’s liability is limited to the extent of their capital contribution. This protects personal assets from business debts and legal obligations.
7• Low Cost of Formation
Setting up an LLP is cost-effective compared to incorporating a company. Lower registration fees and relaxed regulations make it ideal for startups and small firms.
8• Fewer Compliance Requirements
LLPs enjoy less regulatory burden than private limited companies. There is no mandatory audit unless turnover exceeds ₹40 lakh or contribution exceeds ₹25 lakh.
9• No Minimum Capital Requirement
There is no minimum capital needed to register an LLP. Partners can start with any amount, even without an initial cash investment.

Benefits of LLP Registration

1. Limited Liability
Partners are only liable up to the amount they contribute. Their personal assets remain protected, even if the business faces financial losses or legal issues, providing a safety net similar to companies.
2. Separate Legal Entity
An LLP is a distinct legal entity. It can own property, open bank accounts, enter contracts, sue, or be sued in its own name—independent of its partners.
3• No Minimum Capital Requirement
LLPs can be formed without any minimum capital. Partners can contribute in cash, kind, or services. This flexibility makes it easy to start even with limited resources.
4• Low Compliance Burden
Compared to private limited companies, LLPs face fewer legal obligations. There are no compulsory board meetings or AGMs, and audit requirements apply only above specific thresholds.
5• Flexible Structure
Partners can create a custom LLP Agreement to define their roles, responsibilities, profit-sharing ratios, and decision-making processes. This makes the governance highly adaptable.
6• Unlimited Partners Allowed
There is no restriction on the maximum number of partners in an LLP, making it scalable and suitable for growing firms and professional groups.
7• Perpetual Succession
The LLP continues to exist even if one or more partners resign, retire, or pass away. It ensures business continuity, unaffected by individual partner changes.
8• Simple Registration & Management
LLPs offer a streamlined registration process through online filing with the Ministry of Corporate Affairs. Ongoing compliance and document submissions are also simple and cost-effective.
9• Better Credibility
LLPs are more credible than sole proprietorships or traditional partnerships. Registration under MCA and structured reporting builds trust with banks, investors, clients, and suppliers.
4• Low Compliance Burden
Compared to private limited companies, LLPs face fewer legal obligations. There are no compulsory board meetings or AGMs, and audit requirements apply only above specific thresholds.
5• Flexible Structure
Partners can create a custom LLP Agreement to define their roles, responsibilities, profit-sharing ratios, and decision-making processes. This makes the governance highly adaptable.
6• Unlimited Partners Allowed
There is no restriction on the maximum number of partners in an LLP, making it scalable and suitable for growing firms and professional groups.

What do you get?

  1. Unique Name Approval
  2. Company PAN & TAN
  3. Digital Signature Certificate – 2
  4. Designated Partner Identification Number – 2

What we offer to accelerate your LLP Registration?

In order to boost the “Make in India”, “Start-Up India” and “Skill India”Q Initiatives launched by the Central Government, there are several benefits that has been associated with the Pvt. Ltd. Company Registration. The process of registering a Private Limited Company has also changed to 100% online so as to reduce the formalities and time that was quite high previously.

LLP Registration process

1. Preprations of Digital Signature (DSC)
1st we apply for DSCs of all the Directors & members. Digital Signatures are required for signing all the documents while incorporating your Section 8 Micro Finance company.
2. Filing Application for Director's DIN
The next step is the application of Director Identification Number (DIN). It is the unique number allotted by the MCA to each of the directors of the Section 8 Micro Finance Company.
3. Choosing Unique Name
Meanwhile applying for your DSCs, we help you in selecting Unique Name for your dream Section 8 Micro Finance Company. This process completes in a single day.
4. Preparing Forms and Documents
After the approval of the Company’s name, we prepare all the e-forms and other documents.
5. Filing e-forms with MCA
After completing all the formalities and documentation work, we upload e-forms along with the attachments prepared in step-4 on the MCA portal for approval.
6. Allotment of COI, PAN & TAN
The department will allot Certificate of Incorporation for your Section 8 Microfinance Company along with company's PAN & TAN. You can now open Current Bank Account and start the operations. CONGRATULATIONS...
Frequently Asked Questions

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Why choose Us!
7 Working Days Personal Assistance Lowest Price in India Customer Support Document Processing

We provide the fastest Online Company Registration Services in India. Our team knows the importance and thrill of getting your first company registration. Thus, delivers services with utmost seriousness.

We provide the fastest Online Company Registration Services in India. Our team knows the importance and thrill of getting your first company registration. Thus, delivers services with utmost seriousness.

We provide best in class personal assistance

Once, you decide to get started with your company registration process with us, we assign you a personal dedicated assistant who ensures a smooth & efficient user experience and answers all your queries on time

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First step is always that toughest”; we have redefined this phrase and thus help you take your first step towards entrepreneurship with ease. You can rely on Vakilgiri- Best CA Consultants in India as we are committed to serve you at the lowest possible cost.

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We are very committed to serve you with the best of our capabilities. Reach out to us even at odd hours. We will gladly resolve your queries. That’s why we have a whopping “5-star rating” on Google. 
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Since, the incorporation is 100% online, we have developed a CRM through which you can upload and download the required e-forms and documents and can also track the process your online company incorporation. Our system is 100% transparent. Thus, we don’t have anything to hide.

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