LLP Registration Overview
Limited Liability Partnership (LLP) combines benefits of partnership and company. It offers limited liability with operational flexibility, ideal for professional services and small businesses.
Benefits of LLP
- Limited liability for partners
- Separate legal entity
- Lower compliance than Pvt Ltd
- No minimum capital requirement
- Flexible profit sharing
- No audit required below ₹40L turnover
Eligibility Requirements
- Minimum 2 designated partners
- At least 1 partner must be Indian resident
- Unique LLP name
- Registered office in India
Documents Required
For Partners:
- PAN Card
- Aadhaar Card
- Passport size photograph
- Address proof (Bank statement/Utility bill)
- Mobile number and email
For Registered Office:
- Electricity bill
- Rent agreement (if rented)
- NOC from owner
Step-by-Step Registration Process
- Obtain DSC: Digital Signature for designated partners
- Apply DPIN: Designated Partner Identification Number
- Name Reservation: Apply through RUN-LLP form
- File FiLLiP Form: Form for incorporation of LLP
- LLP Agreement: File within 30 days of incorporation
- Certificate Issued: LLPIN and Certificate of Incorporation
Timeline & Fees
LLP registration takes 10-15 working days. Government fees based on partner contribution.
Professional Assistance
InputTax.in handles complete LLP registration. Expert guidance from name approval to agreement filing.