All in one business solution in India: mrbandy.in

Loading

LLP Registration in India Complete Process and Benefits

                    Managing 300+ Startups & Companies
                        Kickstart Your

LLP Registration in India: Complete Online Process

   with our Expert Assistance

  • MicroFinance (Sec-8) Company
  • CRIF Highmark Credit Score
  • MicroMuneem Accounting Software
  • ENach Auto Debit Services by ICICI Bank
  • Expert support by Adv Mohit Singh
  • Funding Assistance upto 10 crores
  • Compliance Assurance

What is (LLP) Limited Liability Partnership Company 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.

MR. BRANDY ALL IN ONE BUSINESS SOLUTION
Start Your Journey from Idea to Identity with Mr.Brandy!

Key Features of an LLP:

 

  • It has a separate legal entity just like companies.
  • Minimum two persons should come together as partners to establish LLP. 
  • There is no upper limit on the maximum number of partne₹
  • There must be a minimum of two designated partne₹
  • At least one designated partner must be a resident of India.
  • The liability of each partner is limited to the contribution made by the partner.
  • The cost of forming an LLP is low.
  • Less compliance and regulations.
  • No requirement of minimum capital contribution.
  • The LLP must file Form 8 (Statement of Account & Solvency) and Form 11 (Annual Return) each year.

Benefits of a Limited Liability Partnership Company (LLP):

  • Limited Liability: Partners’ personal assets are protected; liability is limited to their contribution.
  • Separate Legal Entity: LLP is distinct from its partners and can own assets, sue or be sued in its own name.
  • No Minimum Capital Requirement: You can start with any amount of capital.
  • Low Compliance Burden: Fewer regulatory requirements compared to private limited companies (no mandatory board/AGM meetings).
  • Flexible Structure: Internal governance and profit-sharing can be customized via LLP Agreement.
  • Unlimited Partners: No cap on the number of partne₹
  • Perpetual Succession: LLP continues even if partners change or exit.
  • Simple Registration & Management: Online incorporation and simplified filing process.
  • Better Credibility: Compared to sole proprietorships or traditional partnerships, LLPs offer more credibility to clients and vendors

Documents Required for Limited Liability Partnership Company Registration: 

1. Registering an LLP for the first time

  • Passport Size Photograph of all Partners
  • Name Approval Letter with 2 proposed names
  • Board Resolution authorizing a partner for GST purposes.
  • Form 9 for all partners for Details. (Consent form to act as Designated Partner.)
  • Address proof of all Partner (Bank statement/Electricity bill/) (not more than 2 months)
  • PAN card and Aadhar card of all Partner
  • Identity proof of the all Partner (Driving license/ Voter ID card/passport)
  • Email id and mobile number of all Partner
  • Registered office address proof. (Electricity bill/ Telephone bill/Gas Bill) (not more than 2 months)
  • Rent Agreement (Company name should be mentioned with complete address) (on ₹ 100 stamp paper with Notary)
  • NOC (Company name should be mentioned) (on ₹ 100 stamp paper)

2. Already a Partner of an LLP.

  • Passport Size Photograph of all Partners
  • Name Approval Letter with 2 proposed names
  • Board Resolution authorizing partner for GST purposes.
  • Form 9 for all partners for Details. (Consent form to act as Designated Partner.)
  • Address proof of all Partner (Bank statement/Electricity bill/) (not more than 2 months)
  • PAN card and Aadhar card of all Partner
  • Identity proof of the all Partner (Driving license/ Voter ID card/passport)
  • Email id and mobile number of all Partner
  • Registered office address proof. (Electricity bill/ Telephone bill/Gas Bill) (not more than 2 months)
  • Rent Agreement (Company name should be mentioned with complete address) (on ₹ 100 stamp paper with Notary)
  • NOC (Company name should be mentioned) (on ₹ 100 stamp paper)
  • Digital Signature Certificate for all Partner

(Please Note: Any other document can be called for, as and when required.)

 

Eligibility Criteria/Checklist under the Limited Liability Partnership Act, 2008:

  • Minimum 2 partners (individuals or body corporates).
  • At least 2 designated partners, and one must be a resident of India 
  • No maximum limit on the number of partne₹
  • Individuals and companies/LLPs can be partners (foreign nationals/entities allowed).
  • Must file an LLP Agreement within 30 days of incorporation.
  • No minimum capital requirement – contribution can be tangible, intangible, or monetary.
  •  Must comply with FDI rules if any foreign entity/partner is involved.

Step-by-Step LLP Registration Process

 

Step 1 – Obtain Digital Signature Certificate (DSC)

Every partner must have a DSC for online filing.

 

Step 2 – Apply for Director Identification Number (DIN)

DIN is required for each designated partner.

 

Step 3 – Name Reservation

Submit name choices for approval with the Ministry of Corporate Affairs.

 

Step 4 – File Incorporation Documents

Draft and submit incorporation forms along with MOA and AOA equivalents.

 

Step 5 – Receive Certificate of Incorporation

Once approved, you will receive a certificate confirming your LLP’s legal existence.

What do you get?

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

Why Choose Mr.Brandy for LLP Registration

 

  • End-to-end online registration support

 

  • Experienced professionals with legal and compliance expertise

 

  • Affordable packages with 100% result

 

  • Assistance with GST registration and compliance filings

 

  • Trusted by 500+ businesses across India

Ready to register your LLP in India?

Let Mr.Brandy handle all the paperwork and compliance while you focus on growing your business.

FAQs about LLP Registration in India 

Q: What is the minimum number of partners required for LLP registration?

A minimum of two partners is required to register an LLP in India.

Q: How long does the LLP registration process take?

The process usually takes 7 to 10 working days, depending on MCA approvals.

Q: Can an LLP be converted into a private limited company later?

Yes, an LLP can be converted into a private limited company with proper legal procedures.

Q: Is LLP registration better than private limited company registration?

LLP is more suitable for small businesses and professionals, while a private limited company is preferred for startups aiming for funding.