End-to-end registration of a Limited Liability Partnership (LLP) with the Ministry of Corporate Affairs (MCA), including name reservation, incorporation, PAN, TAN and LLP Agreement filing.
A Limited Liability Partnership (LLP) is a body corporate incorporated under the Limited Liability Partnership Act, 2008, combining the operational flexibility of a partnership with the benefits of limited liability. An LLP has a separate legal identity from its partners and enjoys perpetual succession.
The incorporation process is governed by the Limited Liability Partnership Act, 2008, the Limited Liability Partnership Rules, 2009, and the applicable provisions of the Companies Act, 2013 relating to Digital Signature Certificates (DSC) and Director Identification Number (DIN)/Designated Partner Identification. The registration process includes obtaining Digital Signature Certificates (if required), reservation of the LLP name through the MCA portal, preparation and filing of incorporation documents, allotment of LLP Identification Number (LLPIN), PAN and TAN generation, and filing of the LLP Agreement in within the prescribed time.
An LLP must have at least 2 partners.
If the number of partners falls below two and the LLP continues business for more than six months then the sole partner may become personally liable for obligations incurred during the period after six months where the statutory conditions are satisfied.
An LLP must have at least 2 designated partners who are individuals.
At least one designated partner must satisfy the applicable residential requirement in India.
An individual or body corporate may generally become a partner subject to the conditions prescribed under the LLP Act.
An individual cannot become a partner where the statutory disqualifications relating to unsoundness of mind or insolvency apply.
The proposed LLP should be formed for carrying on a lawful business with a view to profit. An LLP is therefore not intended to be formed merely for charitable or non-economic purposes.
The LLP must have a registered office in India for statutory communications and notices.
A body corporate may become a partner subject to the applicable requirements. Where the partners are bodies corporate appropriate individuals or nominees may need to act as designated partners in accordance with the law.
Foreign individuals and eligible foreign entities may participate in an LLP subject to applicable foreign investment, exchange control and other regulatory requirements.
Our professionals ensure complete compliance with MCA requirements, document verification, drafting of incorporation documents, and seamless registration of your LLP.
The points of distinction between a limited liability partnership and partnership firm are tabulated as follows:
| Basis | LLP | Partnership Firm |
|---|---|---|
| Regulating Act | The Limited Liability Partnership Act, 2008. | The Indian Partnership Act, 1932. |
| Body corporate | It is a body corporate. | It is not a body corporate. |
| Separate legal entity | It is a legal entity separate from its members. | It is a group of persons with no separate legal entity. |
| Creation | It is created by a legal process called registration under the LLP Act, 2008. | It is by an created agreement between the partners. |
| Registration | Registration is mandatory. LLP can sue and be sued in its own name. | Registration is voluntary. the registered Only partnership firm can sue the third parties. |
| Perpetual succession | The death, insanity, retirement or insolvency of the partner(s) does not affect its existence of LLP. Members may join or leave but its existence continues forever. | The death, insanity, retirement or insolvency of the partner(s) may affect its existence. It no has perpetual succession. |
| Name | Name of the LLP to contain the word limited liability partners (LLP) as suffix. | No guidelines. The partners can have any name as per their choice. |
| Liability | Liability of each partner limited to the extent to agreed contribution except in case of willful fraud. | Liability of each partner is It can unlimited. be up to extended the of personal assets the partners. |
| Mutual agency | Each partner can bind the LLP by his own acts but not the other partners. | Each partner can bind the firm as well as other partners by his own acts. |
| Designated partners | At least two designated partners and at least one of them shall be resident in India. | There is no provision for such partners under the Indian Partnership Act,1932. |
| Common seal | It may have its common seal as its official signatures. | There is no such concept in partnership. |
| Legal compliances | Only designated partners are responsible for all the compliances and penalties under this Act. | All partners are responsible for all the compliances and penalties under the Act. |
| Annual filing of documents | LLP is required to file: (i) Statement of accounts and solvency (to be filed annually) (ii) Annual return with the registration of LLP every year. | Partnership firm is not required to file any annual document with the registrar of firms. |
| Foreign partnership | Foreign nationals can become a partner in a LLP. | Foreign nationals cannot become a partner in a partnership firm. |
| Minor as partner | Minor cannot be admitted to the benefits of LLP. | Minor can be admitted to the benefits partnership with the prior consent of the existing of the partners. |
This service may be suitable for:
• Entrepreneurs starting a new business.
• Professionals such as Chartered Accountants, Company Secretaries, Cost Accountants, Advocates, Architects, Doctors and Consultants.
• Start-ups seeking a flexible business structure.
• Small and Medium Enterprises (SMEs).
• Family-owned businesses.
• Trading, Manufacturing, and Service Businesses.
• Businesses looking for limited liability protection with lower compliance than a company.
• Existing partnership firms planning to establish a new LLP.
Registration of a new LLP for carrying on a lawful business or professional activity.
Registration of an LLP where one or more eligible body corporates are proposed as partners.
Registration involving eligible foreign participation subject to applicable regulatory requirements.
Conversion of an eligible existing partnership firm into an LLP subject to the applicable conditions and documentation.
Conversion of an eligible unlisted public company into an LLP subject to the applicable provisions.
Review the proposed business activity, partners, contribution, ownership structure and registered office requirements.
Check the eligibility of proposed partners and designated partners and identify the individuals who will undertake designated partner responsibilities.
Assist in selecting an appropriate LLP name and filing the applicable name reservation application. The LLP name is required to comply with the applicable naming provisions and should not create prohibited similarity or other naming objections.
Collect and verify identity, address, PAN and other required documents of the partners and designated partners.
Prepare and submit the applicable LLP incorporation application with partner details, designated partner details, registered office information and other prescribed particulars.
The application is examined by the Registrar and clarification or resubmission may be required depending on the application.
After approval the LLP is registered and the applicable incorporation certificate and LLP Identification Number are issued.
Prepare the LLP Agreement based on the agreed commercial arrangement between the partners.
File the LLP Agreement and applicable details with the Registrar within the prescribed period.
Provide basic guidance regarding PAN, TAN, bank account, GST registration and other applicable registrations or compliances.
What's included:
Not included:
Base delivery for price-conscious founders
₹3,199
7–10 working days
Email/WhatsApp support during business hours
For time-sensitive clients
₹5,499
48–72 hours
Dedicated CA contact, escalation-ready