LLP Registration in India - Online Procedure, Documents Required, Cost

Updated on May 13, 2024 01:26:54 PM

The LLP full form is a Limited Liability Partnership. LLP is a newer form of business in India with limited liability benefits of a private limited company and the flexibility of a partnership firm. The concept of the LLP was introduced in India in 2008 and is regulated by the Limited Liability Partnership Act, 2008.

The maintenance cost and compliances are less in LLP; hence, it has become a preferred form of business organization among entrepreneurs. This form of business structure is ideal for small and medium-sized businesses.

It is easy to start and manage a Limited Liability Partnership in India. A minimum of two partners are required to register an LLP, and there is no upper limit. The LLP Agreement governs the rights and duties of the designated partners. They are directly responsible for the compliances and all the provisions specified in the LLP agreement.

LLP Registration Certificate [Sample]

LLP registration certificate sample
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Benefits of LLP Registration

Benefits of LLP (Limited Liability partnership) registration

Following are the advantages of incorporating an LLP in India:

  1. 1. Separate legal entity

    An LLP is a separate legal entity from its partners. It is a major benefit that is not available for partnership firms.
  2. 2. Limited liability

    It helps in protecting the personal assets of the owners with limited liability protection.
  3. 3. Lower cost

    The cost of registering an LLP is comparatively lower than a private limited company.
  4. 4. No minimum capital required

    An LLP can be formed with the least amount of capital as there is no minimum capital requirement for forming an LLP.
  5. 5. Minimal compliances

    One of the key benefits of registering an LLP is lower compliance requirements. Mandatory criteria for annual compliances of an LLP are on the lower side as when turnover is less than 40 lakhs, LLP audit is optional.
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Checklist for LLP Registration


Following are the requirements for incorporating an LLP in India:

  1. Minimum two partners
  2. At least one partner should be a resident of India
  3. DSC for all designated partners
  4. DPIN for all designated partners
  5. Unique name of the LLP that is not similar to any existing LLP or company or trademark.
  6. Capital contribution by the partners of LLP
  7. LLP agreement between the partners
  8. Address proof for the office of LLP
Checklist for Limited Liability Partnership
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LLP Registration process

The step-by-step procedure of LLP registration in India is as follows:

Step 1. Obtain Digital Signature Certificate

The first step of LLP registration in India is applying for the digital signature of all the designated partners of the proposed LLP. The incorporation of LLP is entirely digital; all the documents are filed online and must be digitally signed.

Designated partners whose signatures are to be affixed on the e-forms must obtain Class-3 Digital Signature Certificates from government-recognized certifying agencies.

Step 2. Application for DPIN

You have to apply for the “Designated Partner Identification Number (DPIN)” of all the designated partners or those intending to be designated partners of the proposed LLP.

Step 3. LLP name approval

LLP-RUN (Limited Liability Partnership-Reserve Unique Name) form is filed for reservation of the name of the proposed LLP. While making the name application, it is recommended that the name should not be similar, identical or phonetically similar to existing LLPs, companies, firms, and trademarks.

You can easily check for name availability using our free LLP name search tool or company name search tool. The system will provide a list of similar or closely resembling names of existing companies or LLPs based on the search criteria.

If it fulfils all the prerequisites, the proposed name of LLP is approved by the Central Registration Centre of the Ministry of Corporate Affairs if found in the ordinance.

Step 4. Incorporation of LLP

The FiLLip form has to be filed for incorporation of Limited Liability Partnership with the Registrar having jurisdiction over the state in which the registered office of the LLP is located. Details which has to be filed in the FiLLip form are:

  • Address of the registered office
  • ROC
  • Business activity code
  • Number of designated partners and partners
  • Personal details of designated partners and partners
  • Contribution of designated partners and partners
  • Certification by a practising professional (CA, CS, CMA)
  • The Registrar will register the LLP if the documents comply with the LLP Act's relevant provisions. Post-approval of the FiLLip form, Certificate of Incorporation is issued within 14 days in Form-16 from the Central Registration Centre of MCA under the letterhead of the Government of India.

Step 5. Filing of LLP agreement and Partner’s details

LLP Agreement is the most important document of an LLP that governs the mutual rights and duties of the partners; also between the LLP & its partners.

  • LLP agreement must be filed online in Form-3 on the MCA portal
  • Partner’s details must be filed in Form-4 on the MCA portal
  • The LLP agreement has to be drafted and filed under Form-3 within 30 days of the date of incorporation
  • The LLP agreement must be printed on stamp paper
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LLP Registration Fees in India


The incorporation cost of registering an LLP in India, including government and professional fees, is ₹7,499 Only with Professional Utilities.

Steps Cost (Rs.)
Digital Signature Certificate ₹2,000
Government Fee ₹1,500
Professional Fee ₹3,999
Total Fee ₹7,499

Note: The aforementioned Fees is exclusive of GST.

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Explore Our Company Incorporation Packages

Basic

Suitable for Startups

₹7,499

Services Offered

  • LLP Incorporation Certificate
  • DSC for Partners
  • DPIN for Partners
  • Stamp Duty Charges
  • LLP PAN & TAN Application
  • LLP Master Data
  • LLP Agreement Drafting

Standard

Suitable for Businesses

₹14,999

Services Offered

Basic Plan
+

  • GST Registration
  • Auditor Appointment
  • Commencement of business
  • Issuance of Share Certificate
  • MSME Registration
  • Copies of Business Documents

Premium

Suitable for Corporates

₹34,499

Services Offered

Standard Plan
+

  • Trademark Registration
  • Current Account Opening Support
  • Annual Compliance
  • Startup India Registration
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Documents required for LLP registration


Documents of both the partners and LLP have to be submitted for incorporating a Limited Liability Partnership:

Documents of partners

  1. ID proof of partners
  2. Address proof of partners
  3. Residence proof of partners
  4. Passport size photograph
  5. Passport (in case of foreign nationals / NRI)

Documents of LLP

  1. Proof of registered office address
  2. Digital Signature Certificate
Documents required for LLP Registration
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How to register an LLP with Professional Utilities?

The expert team at Professional Utilities can help you incorporate a Limited Liability Partnership in India. Register your LLP online in a fast and most affordable manner in three easy steps:

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  • documents required icon
  • get llp registered icon

Step 1:
Get in touch via call or contact form

Step 2:
Provide necessary documents

Step 3:
Get your LLP registered in 7-14 days

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How much time is required for registering an LLP?

The LLP formation process takes around 10 working days, subject to document verification by the Ministry of Corporate Affairs (MCA).

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Documents you’ll get after LLP incorporation

Documents you'll get after LLP incorporation

Following are the documents you’ll receive after registering an LLP in India:

  1. Certificate of Incorporation
  2. LLP Agreement
  3. FiLLip Form
  4. Form-3
  5. LLP PAN
  6. LLP TAN
  7. Payment Challan
  8. Company Master data
  9. DSC and DPIN for designated partners
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Client testimonials on LLP Registration

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LLP Registration Other States

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Frequently Asked Questions

What is the minimum capital for LLP?

Under the provisions of Limited Liability partnership (LLP), there are no such requirements for Minimum Capital, unlike in the case of Private Limited Companies.

How much tax LLP has to pay?

Limited Liability Partnerships (LLPs) are subject to a 30% tax rate on income up to 1 crore rupees, with an additional 12% surcharge if the total income surpasses this amount. For companies, the tax rate is 25% for a turnover of up to 400 crore rupees, and 30% thereafter.

Can LLP pay salary?

Remuneration is only permissible for working partners, precluding sleeping partners from receiving salary. It is impermissible for a limited liability partnership (LLP) to provide salary to sleeping partners.

What documents are required for LLP?

These are the following documents required for LLP

  • Copy of Aadhar Card.
  • Copy of PAN Card of all partners.
  • Copy of Driving License or Voter ID.
  • Passport-size photograph of all partners.
  • Bank Statement (not older than 2 months)
  • Electricity or any other utility bill for office address proof.
  • Proof of Ownership of premises, NOC in the case of Rented property

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