Limited Liability Partnership Registration
Company Registered
Years of Experience
What’s Included?
LLP Name Approval DSC with Token Incorporation Certificate LLP Master Data LLP Deed & Filing Bank Account Opening Support Dedicated Incorporation Manager Annual Compliance Support Post Incorporation Documents & DSC Dispatch Support LLP PAN & TAN
Get Expert Consultation
LLP Registration in Chennai - Process, Fees, Documents
Limited Liability Partnership is a type of business registration which is most suitable for small and medium enterprises. LLP Registration Online in Chennai is the best choice for the small scale business owners and service providers planning to start a company in partnership. Go through the page to read about LLP Registration Online in Chennai, Process, Documents required, Govt and Professional Fees, Time required, features.
LLP offers the benefits of both a partnership and a limited liability company, making it an attractive option for those seeking a flexible yet protected business structure. If you're interested in understanding the process of LLP registration in Chennai, you've come to the right place.
Consult with Professional Utilities to get your LLP Registration online in Chennai at just ₹6,499 in 7-10 working days.
LLP Registration [Sample]
Table of Content
- What is LLP Registration?
- LLP Registration in Chennai - Overview
- Benefits of LLP Registration in Chennai
- Checklist for LLP Registration in Chennai
- Documents Required for LLP Registration in Chennai
- Documents you’ll get after LLP Incorporation
- LLP Registration Process in Chennai
- LLP Registration Fees in Chennai
- How Much Time is Required for Registering an LLP?
- Conclusion
- Frequently Asked Questions
What is LLP Registration?
LLP is a form of a partnership registered under the Limited Liability Partnership Act, 2008, where liabilities of all the partners are limited to the extent of contribution bought by them. It helps owners limit their liabilities while enjoying the advantages of a limited company which is an edge over a traditional partnership firm.
No partner is liable for unauthorized actions of other partners; thus, individual partners can safeguard them from joint liability arising from the misconduct of other partners. Professionals, micro and small businesses mostly prefer LLP as an organization.
Minimum two partners are required to incorporate an LLP. However, there is no upper limit on the maximum number of partners of an LLP. There should be a minimum of two designated partners who shall be individuals, and at least one of them should be residents in India.
The LLP agreement governs the rights and duties of designated partners. They are directly responsible for complying with all the provisions of the LLP Act, 2008 and provisions specified in the LLP agreement.
LLP Registration in Chennai - Overview
| LLP Registration Online in Chennai | Details |
|---|---|
| Cost of LLP Registration Online in Chennai | ₹8,499 |
| Time Required to Register LLP in Chennai | 7-10 days |
| Documents Required For LLP Registration Online in Chennai |
|
| Steps To Register LLP in Chennai |
|
| Steps after Company is Registered |
|
| Mode of Application for LLP Registration | Online Application |
Benefits of LLP Registration in Chennai
Registering a Limited Liability Partnership (LLP) in Chennai offers several advantages, making it a popular choice for businesses seeking flexibility, legal protection, and cost-efficiency. Here are the key benefits of LLP registration in Chennai:
- Separate legal entity: An LLP is a separate legal entity from its partners. It is a major benefit not available for partnership firms.
- Limited liability: Protects the personal assets of the owners with limited liability protection.
- Lower cost: The cost of registering an LLP is comparatively lower than a private limited company.
- No minimum capital required: An LLP can be formed with the least amount of capital as there is no minimum requirement.
- Minimal compliances: Lower compliance requirements. Mandatory annual compliances are lower; LLP audit is optional if turnover is below ₹40 lakhs.
Checklist for LLP Registration in Chennai
Below are the essential requirements to facilitate your Limited Liability Partnership (LLP) registration process in Chennai. Please ensure to verify the specified details:
- Minimum Two Partners: At least two individuals are required to form an LLP, with no maximum limit on the number of partners.
- Resident Partner Requirement: At least one designated partner must be a resident of India (i.e., stayed in India for at least 182 days in the previous year).
- Capital Contribution: Each partner must make a capital contribution, which can be in the form of cash, assets, or other agreed consideration.
- Registered Office Address Proof: Valid proof of the LLP's registered business address (utility bill, rent agreement, or ownership document), along with a No Objection Certificate (NOC) from the property owner if applicable.
Documents Required for LLP Registration in Chennai
To successfully register an LLP in Chennai, you’ll need to submit personal and business documents for verification by the Ministry of Corporate Affairs. Below is the complete list of required documents:
Identity and Address Proof of Directors/Shareholders
- Passport size photographs of the directors
- Copy of Aadhar Card
- Copy of PAN Card or Passport (in case of foreign national or NRI)
- Copy of latest bank statement and utility bill
Address Proof of Registered Office
- Copy of electricity/water/gas bill (not older than two months)
- Rent agreement with Aadhar card and PAN card of owner
- Property Tax Receipt / Sale deed / POA
- No Objection Certificate (NOC) from the owner of the property
- 3 GPS Based Photograph of Registred office
Documents you’ll get after LLP Registration in Chennai
Following are the documents you’ll receive after registering an LLP in Chennai:
- Certificate of Incorporation
- Digital Signature Certificate (DSC)
- Designated Partner Identification Number (DPIN)
- LLP PAN
- LLP TAN
- Company Master Data
- LLP Agreement
- Company Name Approval
- Bank Account Opening Assistance
LLP Registration Process in Chennai
Starting a Limited Liability Partnership (LLP) in Chennai is a seamless, fully online process governed by the Ministry of Corporate Affairs (MCA). Below is a step-by-step overview to guide you through the registration process:
- Reserve Your LLP Name: Select a unique name and apply for name reservation through the RUN-LLP service on the MCA portal.
- Obtain Digital Signature Certificate (DSC): All designated partners must acquire a valid DSC for e-signing registration documents.
- Application for LLP Registration: File the FiLLiP form online with MCA, along with partner details, address proof, and other required documents.
- Issuance of Incorporation Certificate: Upon successful verification, the Certificate of Incorporation is issued by the Central Registration Centre (CRC), along with PAN and TAN.
- Drafting and Filing of LLP Agreement: Prepare and file the LLP Agreement with MCA within 30 days of incorporation to define roles, responsibilities, and capital structure.
LLP Registration Fees in Chennai
The total cost of LLP Registration in Chennai, is ₹6,499 Only including government fee and professional fees. The LLP formation process takes around 10 working days subject to document verification by MCA.
| Steps | Fees Rs. |
|---|---|
| Digital Signature Certificate of 2 Partners | ₹1,000 |
| Govt Fee | ₹1,500 |
| Professional Fee | ₹3,999 |
| Total Cost | ₹6,499 Only |
Charges applicable for DSC certificate would be paid directly to certifying agencies.
Note: The aforementioned Fees is exclusive of GST.
Explore Our Company Incorporation Packages
How Much Time is Required for Registering an LLP?
The total time required for LLP registration in Chennai is around 7-10 working days which is subject to documents verification by MCA.
Conclusion
LLP registration in Chennai is a crucial step for entrepreneurs and professionals looking to establish a business entity that combines the benefits of a partnership with limited liability protection. Throughout this comprehensive guide, we have explored the intricacies of LLP registration, from its definition and advantages to the eligibility criteria and the step-by-step registration process.
By choosing to register your business as an LLP, you can enjoy the flexibility of a partnership while safeguarding your personal assets. The limited liability protection offered by an LLP ensures that each partner's liability is limited to their agreed contribution, shielding them from the financial risks associated with the business.
Looking for LLP registration in Chennai, contact our team at Professional Utilities and get LLP incorporated at Rs 6,499 within 7-10 days.
Frequently Asked Questions
What is the Registration Fees of LLP Registration in Chennai?
The registration fee for LLP companies in Chennai is Rs 6,499 which includes DSC for minimum 2 members, 1 Lakh Authorised capital, Government Stamp duty as well as Professional Fees of Professional Utilities.
How to get LLP registration in Chennai?
To get your LLP Company registration in Chennai, you need to submit all the valid documents, pay government and professional fees, and complete verification through the MCA portal.
What is the time required for LLP Registration in Chennai?
The usual time required for LLP company Registration in Chennai is around 7–10 working days, subject to document validation from the concerned ministry.
What is the Process of LLP Registration in Chennai?
The LLP registration process in Chennai includes 5 steps which are: obtaining DSC, DPIN, LLP Name Approval, LLP Incorporation Certificate, and drafting the LLP Agreement.
Speak Directly to our Expert Today
Reliable
Affordable
Assured
.svg)
