LLP Registration Process

LLPs are similar to Private Limited Companies with regard to compliance and operational requirements. Acknowledged as a separate legal entity from the partners, it can engage or include in any legal proceedings in its own name. That allows the partners of an LLP to separate business accounts or debts being collected from their personal assets.

Register your Limited Liablity Partnership (LLP)

Get LLP Registration To Protect your Business.

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ABOUT

WHAT IS LIMITED LIABILITY PARTNERSHIP?

A Limited Liability Partnership, also known as an LLP, operates as an independent entity with scope for flexibility as far as the changing partners are concerned. This implies that even with business partners replacing, their rights, liabilities, and interests remain unchanged.This is one of the principal reasons people choose LLPs when considering their company registration in India. If you're wondering how to register a company as an LLP, then note that you need at least two partners to do so. While there is no limit on the number of partners that can be present at the time of the company registration, it is essential to keep in mind that at least one partner has to be a citizen of India.

When it comes to the company's registration for a small business, an LLP is often regarded as the best route. This is mainly because it not only grants limited liability but is also easy to manage and cost-effective. One of the biggest reasons why LLPs are so widespread in India's company registration is that partners do not have to be mutually responsible for any problems that may arise due to the other partner.

Additionally, LLPs offer various benefits such as no minimum capital required, easy company incorporation, tax benefits, and so on. Do keep in mind that LLP companies cannot raise money from the public since this partnership does not provide equity distribution.

What is LLP registration?

LLP Registration was started in India through the Limited Liability Partnership Act 2008. Although there were existing entities, there was a requirement to have an entity that merges the benefits of a partnership firm and a company.Hence, a Limited Liability Partnership was started which offered simple maintenance and lesser compliance conventions. 

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Low costs

Company registration can often be a costly affair; however, this is not the case when it comes to LLPs.Compliances are also at a much lower rate.

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Separate Legal Existence

The owner and the company are considered as two separate legal entities.

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Perpetual Succession

Company incorporation as an LLP means that it is a separate legal entity from the owner

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Limited Liability

In the case of a proprietorship firm, the owner’s personal assets are in danger if the company is at financial losses,however, this is not the case when you pursue a company registration in India as an LLP.

PROCESS FOLLOW

With Pareek G, it is refreshingly simple to register your company online. Here’s what you need to do:

1-2 HOURS
Select Package

Start by selecting the appropriate one, fill out the requiredforms, or simply speak to our experts online for assistance. 

2 WORKING DAYS
Obtain Digital Signatures

We will help you apply for the MoA after obtaining digitalsignatures and will generate a link to complete eKYC verification. 

2 WORKING DAYS
Get Your Name Approved

We will help you identify unique names, and get them approvedby filing the RUN form. 

1-2 HOURS
Final Document Submission

Company incorporation documents can then besubmitted to the Ministry of Corporate Affairs (MCA). We     draft the LLP Partnership Deed and upload it on the MCA portal. 

DOCUMENTS REQUIRED

Minimum criteria

  • A minimum of 2 people should be the partners
  • A minimum of 2 Directors are required (note that shareholders can be directors, and at least one director must be a resident of India)
  • There is no minimum share capital required for starting an LLP

Documents for Directors

  • Self-Attested Copy of the Pan Card
  • Self Attested copy of Aadhaar Card / Passport / Driving License / Voter Identity Card
  • Passport size photograph
  • Self Attested Copy of Bank Statement /Telephone Phone

Documents required to register the office

  • No-Objection letter from the Owner of Address to use the address of the registered office of the Company.
  • Electricity Bill/Telephone Bill /Gas Bill/ Water Bill -To be signed by the of the Owner of Premises

PRICING

Basic Package

Save upto-10% cost on this package

₹ 6,999

(Inclusive All)

  • Name Search Report
  • Name approval by form1 (Reserve Your Unique Name)
  • DSC(2no) (Extra Dsc Per Director – Rs-1000)
  • Filing LLP Form2
  • Issue of Incorporation certificate
  • Include Government Fees & Stamp Duty for Authorized Capital Upto -1 Lakh except for the state of Punjab, MP and Kerala.
  • Msme Registration
  • Share Certificate (Soft Copy)
  • PAN & TAN
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Growth Package

Save upto-20% cost on this package

₹ 8,499

(Inclusive All)

  • Name Search Report
  • Name approval by form1 (Reserve Your Unique Name)
  • DSC(2no) (Extra Dsc Per Director – Rs-1000)
  • Filing LLP Form2
  • Issue of Incorporation certificate
  • Include Government Fees & Stamp Duty for Authorized Capital Upto -1 Lakh except for the state of Punjab, MP and Kerala.
  • Msme Registration
  • Share Certificate (Soft Copy)
  • GST Registration
  • Stamp and Company Seal
  • Bank – Current Account Opening
  • 10% Discount on Future Service
  • PAN & TAN
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Premium

Save upto-30% cost on this package

₹ 16,999

(Inclusive All)

  • Name Search Report
  • Name approval by form1 (Reserve Your Unique Name)
  • DSC(2no) (Extra Dsc Per Director – Rs-1000)
  • Filing LLP Form2
  • Issue of Incorporation Certificate
  • Include Government Fees & Stamp Duty for Authorized Capital Upto -1 Lakh except for the state of Punjab, MP and Kerala.
  • Msme Registration
  • Share Certificate (Soft Copy)
  • GST Registration
  • Trademark Registration
  • 1month free GST filing
  • NDA
  • Guideline for Startup India Registration.
  • Stamp and Company Seal
  • Bank – Current Account Opening
  • 10% Discount on Future Service
  • PAN & TAN
BUY NOW

FAQ's on Limited Liability Partnership (LLP)

When pursuing company incorporation as an LLP, you must have the designated partner identification number (DPIN/DIN) for all the partners, your DSIC, and a copy of e-form 1 (which is used to register your company’s name). It generally takes 3-4 days to obtain these documents.
You need a minimum of two partners for an LLP company registration in India. There is no upper cap on the number of partners you can have.
Yes, a body corporate be a partner of an LLP.
If you are wondering whether your partners are eligible, note that any individual or body corporate can be a partner. However, there are a few basic exceptions. The person must be of sound mind, be an undischarged solvent, or applied to be adjudicated as an insolvent and the application is pending.
Anyone can be a designated partner as long as they are residents of India.
You must keep in mind that an LLP has to be registered with the Registrar of Companies (ROC). Additionally, every LLP has to have its own registered office. Partners must send an incorporation document to the Registrar, when required and in the right format. The contents of the LLP also have to be filed in the registration form. These are some of the most important pointers to keep in mind when wondering how to register a company.
Yes, you do have the option to provide a separate address if required. You must check the registration form to confirm whether your chosen address can be used.
Yes, a Statement of Accounts and Solvency form must be filled by LLPs annually and sent to the Registrar
A private limited company is a company that is privately operated by directors and shareholders. It is not authorized to market its shares to public investors. Hence they are not entitled to sell on the stock exchanges.
A public company is a company that has the authority to issue registered bonds to the general public by an initial public offering (IPO) and it is sold on at least one stock exchange market.
Typically, only start-ups that will not be looking for venture capital funding register LLPs. This is because venture capitalists only invest in private and public limited companies.
Yes, a NRI or Foreign National can be a Designated Partner in a Limited Liability Partnership after obtaining Designated Partner Identification Number. However, at least one Designated Partner in the LLP must be a Resident India.
Step 1: Go to the MCA website.
Step 2: Go to the ‘MCA Services’ tab. In the drop-down click on ‘View Company/LLP Master’
Step 3: Enter the companies CIN. Enter the captcha code. Click on ‘Submit’.
Company registration status step 2
You can also explore for CIN by clicking on the search icon near the LLP Name field.
Yes, Foreign Direct Investment (FDI) is permitted in LLP under the automatic way in the sectors provided by the Foreign Investments Promotion Board (FIPB). However, Foreign Institutional Investors (Flls) and Foreign Venture Capital Investors (FVCIs) will not be allowed to invest in LLPs. LLPs will also not be allowed to avail of External Commercial Borrowings (ECB.)
A contribution of a partner may consist of physical, movable or immovable or intangible property or other advantages to the limited liability partnership, including money, promissory notes, other contracts to contribute cash or property, and agreements for services performed or to be performed.