LLP Registration
A Limited Liability Partnership (LLP) is a business structure combining the benefits of a partnership and a company. It offers limited liability to partners while allowing flexible management.
Key Points:
Requires minimum 2 partners, including 2 designated partners.
Must have a unique name and registered office in India.
Partners enjoy limited liability protection.
No minimum capital requirement.
LLP must file an LLP Agreement and annual returns with the Registrar of Companies (ROC).
LLP Registration
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Benefits of LLP Registration in India
Limited Liability: Partners’ personal assets are protected from the LLP’s debts and obligations.
Separate Legal Entity: LLP can own property, enter contracts, and sue or be sued independently.
Flexibility: Partners can customize management and operational rules through the LLP agreement.
Minimal Compliance: LLPs have simpler regulatory and filing requirements compared to companies.
Perpetual Succession: LLP continues despite changes in partnership, such as retirement or death.
No Minimum Capital: No mandatory capital contribution is required at the time of registration.
Ease of Transfer: Ownership interests can be easily transferred or new partners added as per agreement.
Preferred by Professionals: Ideal for professionals like lawyers, consultants, and accountants.
Global Recognition: LLP structure is recognized internationally, facilitating global business.
Characteristics of LLP Registration in India
Requires minimum 2 partners to start.
Has its own legal identity, separate from partners.
Partners enjoy limited liability, protecting personal assets.
Offers flexible organizational structure.
Is a perpetual entity; continues despite partner changes unless dissolved.
Accounting and filing are simpler compared to companies.
Subject to less stringent compliance and regulatory norms.
No minimum capital requirement.
At least one partner must be an Indian citizen.
No maximum limit on the number of partners.
Types of LLP Registration Forms in India
FiLLiP Form – Form for incorporation and LLP name reservation.
Form 3 – Details of LLP agreement and changes.
Form 8 – Annual statement of accounts and solvency.
Form 11 – Annual return of LLP.
Form 24 – Notice of change of partners/designated partners.
Documents Required for Online LLP Registration in India:
| Category | Documents Required |
|---|---|
| Identity Proof of Partners | PAN Card, Passport (for foreign nationals/NRIs), Aadhar/Voter ID/Passport/Driving License (Indian citizens) |
| Address Proof of Partners | Updated Bank Statement, Telephone/Gas/Electricity/Mobile Bill (latest, max 2 months old) |
| Photographs | Passport size photographs of all partners |
| Signature Proof | Blank document with sample signature |
| Registered Office Proof | Electricity Bill (latest), Rent Agreement (notarized), No Objection Certificate (NOC) from owner (if rented), Sale Deed/Property Deed (if self-owned) |
Process for Registering an LLP in India
Apply for Name Approval
Submit the desired LLP name for approval with the Registrar of Companies (ROC).Prepare LLP Agreement
Draft and get the LLP Agreement duly signed by all partners.File Incorporation Application
Submit incorporation forms and documents to the ROC along with the LLP Agreement.Obtain Certificate of Incorporation
Once approved, receive the official Certificate of Incorporation from the ROC.Apply for PAN, TAN & Open Bank Account
Apply for the LLP’s PAN and TAN, and open a bank account in the LLP’s name.
Support in Transitioning & Registering LLP Online in India
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Choose a suitable plan to get professional help with your LLP registration.Add Queries Regarding the Process
Submit any questions or concerns related to LLP registration.Provide Documents to Expert
Upload all required documents securely to the assigned expert.Complete All Other Required Actions
Experts will guide and assist with name approval, filings, and compliance.Get Your LLP Registration Done!
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