π LLP Registration in India
A Limited Liability Partnership (LLP) is a modern business structure in India that combines the flexibility of a partnership with the advantages of limited liability of a company. LLP is governed by the Limited Liability Partnership Act, 2008, and is registered with the Ministry of Corporate Affairs (MCA).
It is the most suitable option for startups, professionals, and small to medium-sized businesses who want credibility with fewer compliances than a company.
β Features of an LLP
Minimum 2 partners required (no maximum limit).
At least 1 partner must be a resident of India.
Separate legal entity from its partners.
Limited liability protection to partners.
Less compliance burden compared to a Private Limited Company.
π Process of LLP Registration in India
Obtain Digital Signature Certificate (DSC) for all partners.
Apply for Director Identification Number (DIN/DPIN).
Reserve LLP Name through MCA Portal (RUN-LLP).
Filing Incorporation Form (FiLLiP) with MCA.
Drafting & Filing LLP Agreement (within 30 days of incorporation).
Certificate of Incorporation (COI) issued by MCA.
π Documents Required for LLP Registration
For Partners
PAN Card of all partners (mandatory).
Aadhaar Card / Voter ID / Passport / Driving License.
Passport Size Photograph.
Latest Bank Statement / Utility Bill (Address Proof).
For Registered Office
Electricity Bill / Water Bill / Property Tax Receipt.
Rent Agreement (if office is rented).
NOC from property owner.
π― Benefits of LLP Registration
Limited Liability Protection β partners are not personally liable.
Separate Legal Entity β can own assets, contracts, and sue in its own name.
No Limit on Partners β suitable for growing businesses.
Low Compliance Cost β fewer filings compared to a company.
Perpetual Succession β continues to exist irrespective of partner changes.
Tax Advantages β no dividend distribution tax like companies.
π° LLP Registration Price in India
| Type of LLP | Government Fees + Professional Fees | Approx. Total Cost |
|---|---|---|
| 2 Partners LLP | βΉ4,000 β βΉ5,000 | From βΉ5,999/- onwards |
| 3β5 Partners LLP | βΉ5,500 β βΉ7,000 | From βΉ6,999/- onwards |
| 6+ Partners LLP | βΉ7,000 β βΉ9,000 | From βΉ8,999/- onwards |
(Note: Final cost may vary depending on the number of partners and state stamp duty.)