Limited Liability Partnership

Company RegistrationLimited
Liability Partnership (LLP)

A limited liability partnership is a partnership in which some or all partners have limited liabilities. It therefore can exhibit elements of partnerships and corporations.

Under a Limited Liability Partnership (LLP), two or more partners form a special partnership and have limited liabilities. It is registered as per the compliance and regulatory guidelines of the Ministry of Corporate Affairs (MCA).

Limited Liability Partnership (LLP) in India took shape after January 2009, making it an instant success with startups and professional services. Limited Liability Partnership Registration, governed by the Limited Liability Partnership Act, 2008, combines the benefits of a partnership with that of a limited liability company. LLP was introduced to provide a form of business that is easy to maintain and to help owners by providing them with limited liability.

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Benefits of a

Limited
Liability Partnership (LLP)

Seperate Entity:

LLP is a separate entity from the partners. Each partner can sue the other in case a situation arises.
It has an uninterrupted existence that follows perpetual succession, i.e., the partners might leave, but the business remains. A term of dissolution has to be mutually agreed on for the firm to dissolve.

Suitable For Small Business:

LLPs having a capital amount less than 25 lakhs and turnover below 40 lakhs per year do not require any formal s. It makes registering as LLP beneficial for small businesses and startups.
An LLP can own or acquire property because it is recognized as a juristic person. Partners of LLP cannot claim the property as theirs.

Flexible Agreement:

No Owner /Manager Distinction:

An LLP has partners, who own and manage the business. This is different from a private limited company, whose directors may be different from shareholders. For this reason, VCs do not invest in the LLP structure.

Documents Required for

Limited Liability
Partnership Registration (LLP)

The method of LLP registration in India does not require much legwork when it comes to documents.

To Be Submitted By Partners

Scanned copy of PAN Card or passport (Foreign Nationals & NRIs)
Scanned copy of Adhar Card/ Voter’s ID/Passport/Driver’s License
Scanned copy of Latest Bank Statement/Telephone or Mobile Bill/Electricity or Gas Bill
Scanned passport-sized photograph Specimen signature (blank document with signature [partners only])

Note : Any one of the partners must self-attest the first three documents. In the case of foreign nationals and NRIs, all the documents must be notarized (if currently in India or a non-Commonwealth country) or apostilled (if in a Commonwealth country).

For The Registered Office

Scanned copy of latest bank statement/telephone or mobile bill/electricity or gas Bill
Scanned copy of Notarised Rental Agreement in English
Scanned copy of No-objection Certificate from the property owner
Scanned copy of Sale Deed/Property Deed in English (in case of owned property)

Note: Your registered office need not be a commercial space; it can be your residence, too.

Procedure For

LLP Registration

You can operate your business under a Limited Liability Partnership in India online. We hold immense knowledge and expertise in LLP registration and help you in the following ways.

Complete our Partnership Form

You are required to fill the details in our simple online questionnaire and submit documents.

Verification of Documents

For further procedures, details provided by you will be verified by our experts.

Partnership Deed Drafting

Further after submitting your documents we shall draft your Partnership deed.

Apply for TAN & PAN

We will create all the required documents and file them with ROC on your behalf.

Your work is completed

Congratulations.

HowWE WORK

Step : 1 - Mail us Documents

Step : 2 - Make Payment

Step : 3 - Will Send You Copy