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

Updated on January 03, 2023 06:50:19 PM

Limited Liability Partnership, commonly known as “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

Benefits of LLP Registration

Benefits of Limited Liability Partnership

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:

LLP registration process LLP registration process

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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How much does it cost to register an LLP?


The incorporation cost of registering an LLP in India, including government and professional fees, is Rs. ₹4,999 Only with Professional Utilities.

Steps Cost (Rs.)
Digital Signature Certificate ₹1,000
DPIN & Name Approval ₹200
LLP Agreement ₹300
Government Fee ₹1,000
Professional Fee ₹2,499

Get Free Consultation

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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:

  • get in touch icon
  • 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

LLP vs Company vs Partnership vs Proprietorship

Features LLP Pvt Ltd Company Partnership Proprietorship
Definition A limited liability partnership is a hybrid form having features and benefits of both a company and a partnership firm Registered type of entity with limited liability to the owners and shareholders A formal agreement between two or more partners to manage and operate a business Unregistered type of business entity managed by a single person
Ownership Designated partners Directors and shareholders Partners Sole ownership
Incorporation time 7-14 working days
Promoter liability Limited liability Unlimited liability
Documentation Incorporation certificate and LLP agreement Incorporation certificate, MoA, AoA Partnership deed MSME and GST registration
Governance LLP Act, 2008 Companies Act, 2013 Indian Partnership Act, 1932 -
Transferability Transferable Transferable if registered under ROF Non transferable
Compliance requirements Form 11, Form 8, ITR 5 ITR 6, MCA filing, Auditor appointment and more ITR 5 Income tax filing if turnover is more than Rs. 2.5 lakhs
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Common questions on LLP registration

Which is better Pvt Ltd or LLP?

It is better to incorporate an LLP if you want to operate your business with lower maintenance costs and fewer compliances. Also, the designated partners hold ownership of the LLP and the power to manage the LLP.

But if you plan to raise capital for your business in the future through equity or venture capital funding, then a Pvt Ltd Company is more suitable than an LLP.

How many people are required to form an LLP?

A Limited Liability Partnership must have a minimum of two Partners to incorporate an LLP. There is no upper limit on the maximum number of partners of LLP.

Is LLP registration mandatory?

Yes, it is mandatory to register a Limited Liability Partnership on the MCA portal. An LLP must obtain registration under the Limited Liability Partnership Act to be considered a legal business entity.

What is an LLP agreement?

An LLP agreement is a written contract between the partners of the Limited Liability Partnership or between the LLP and its designated partners. It establishes the rights and duties of the designated partners towards each other and the LLP.

What are the features of LLP?

The features of an LLP are as follows:

  • It is a separate legal entity, just like companies.
  • The liability of each partner is limited to the contribution made by them.
  • The cost of forming an LLP is lower than a company.
  • Fewer compliances and regulations.
  • No minimum capital contribution is required.

What is the difference between an LLP and partnership firm?

An LLP must be registered under the LLP Act to operate its business, while the partnership firm registration is voluntary. The liability of each partner in an LLP is limited to the extent of their capital contribution to the LLP. But in a partnership firm, all partners have unlimited liability and are personally liable for the loss or debts of the firm.

The LLP has a separate legal entity under the law. However, a partnership firm has no separate status apart from its partners. Therefore, an LLP can enter into a contract in its name, but a partnership firm cannot use its name and has to be in the name of authorised partners only.

Who can be partners in an LLP?

Any individual or corporate body can become a partner in an LLP. The LLP must have at least two individuals as Designated Partners, and at least one of the Designated Partners must be resident in India.

Does LLP require AoA and MoA?

No, the AoA and MoA are important documents of a company registered under the Companies Act 2013. An LLP is governed by the LLP agreement (deed), not the MoA or AoA.

What is the minimum capital required to start a Limited Liability Partnership?

An LLP can be registered with any amount of money, as there is no minimum capital requirement to form an LLP.

What is a Digital Signature Certificate?

A Digital Signature Certificate is a secure digital key issued by the certifying authorities to validate the identity of the person holding this certificate. MCA has made it mandatory for all designated partners to sign the documents and e-forms through DSC.

What is DPIN?

Designated Partner Identification Number (DPIN) is a unique identification number assigned by the MCA to the person who wishes to be appointed as a designated partner of a Limited Liability Partnership (LLP).

What is LLP registration?

LLP is a form of partnership that is 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 that is an edge over a traditional partnership firm.

No partner is liable for unauthorised actions of other partners. Thus individual partners can safeguard them from joint liability arising from misconduct of other partners.

Can we convert a Partnership Firm into an LLP?

Yes, an existing partnership firm can be converted into an LLP.

What are the compliances of an LLP?

An LLP registered with the MCA must file Annual Returns and Statement of Accounts for every Financial Year. It is mandatory for the LLP to file a return irrespective of whether it has done any business.

There are three mandatory compliance requirements for LLP:

  1. Filing of Annual Return
  2. Filing of Statement of the Accounts or Financial Statements
  3. Filing of Income Tax Returns

Is it possible for an LLP to raise funds?

LLP is a form of business where only the partners can contribute capital, and their liability remains limited to the extent of their capital contribution to the business. Therefore, an LLP cannot raise funds from the public in any form.

What are the disadvantages of an LLP?

  • Penalty on non-compliance
  • Inability to have an equity investment
  • Dissolution of LLP if the number of partners is below two for six months
  • Difficulty in raising capital

Can we convert an LLP into a Pvt Ltd company?

Yes, an LLP can be converted into a Private Limited Company as per the provisions contained in Section 366 of the Companies Act, 2013, and Company (Authorised to Register) Rules, 2014.

Can NRIs or Foreign Nationals become designated partners in an LLP?

An NRI can be a designated partner in a Limited Liability Partnership if he has a DPIN. However, it is mandatory that at least one Designated Partner in the LLP must be an Indian resident.

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