Limited Liability Partnership (LLP) Registration
Cost-effective business structure with limited liability protection — completed in 12-15 days with full MCA compliance.
What our LLP Registration service covers
How the engagement works
Documents required
- → PAN and Aadhaar of all partners
- → Passport-size photo of each partner
- → Address proof of partners
- → Latest utility bill of partners
- → Proof of registered office (rent agreement + NOC + utility bill)
- → Passport (for foreign partners)
- → Consent of designated partners (Form 9)
- → Subscriber declaration
LLP vs Private Limited Company — quick comparison
| Aspect | LLP | Pvt Ltd |
|---|---|---|
| Statute | LLP Act 2008 | Companies Act 2013 |
| Minimum partners/members | 2 partners (2 designated) | 2 directors + 2 shareholders |
| Capital requirement | No minimum | No minimum |
| Annual ROC filings | Form 8 + Form 11 | AOC-4 + MGT-7 + others |
| Audit threshold | Turnover > Rs 40L OR contribution > Rs 25L | Mandatory always |
| Tax rate | 30% + surcharge + cess | 22-25% (new regime under 115BAA) |
| Dividend distribution tax | Not applicable (profit shared as partner share) | Tax in hands of shareholder |
| FDI restriction | Limited sectors | Most sectors automatic route |
| Conversion to Pvt Ltd | Possible (with conditions) | N/A |
Annual compliance for LLP
- Form 11 (Annual Return) — within 60 days of FY-end (i.e., by 30 May)
- Form 8 (Statement of Account & Solvency) — within 30 days from 6 months of FY-end (i.e., by 30 October)
- Income Tax Return (ITR-5) — 31 July for non-audit, 31 October for audit cases
- Audit — mandatory if turnover above Rs 40 lakh or contribution above Rs 25 lakh
- GST returns — if GST registered
- TDS returns — quarterly if TDS deduction applicable
When LLP is the right choice
LLP is the optimal structure when:
- Professional services partnership (CA, lawyer, architect, consulting)
- Low to medium turnover with limited compliance budget
- No plans to raise venture funding or issue shares
- Partners want operational flexibility without rigid board structure
- Need limited liability protection without high annual cost of Pvt Ltd
If you plan to raise funding from VCs, employee stock options (ESOPs) or eventual IPO — a private limited company is required from day one.
Frequently asked questions
Can an LLP be converted to a private limited company later? +
Yes, an LLP can be converted to a Private Limited Company under Section 366 of the Companies Act 2013 by filing Form URC-1. All partners become initial shareholders, and at least 7 members are required. The conversion is useful when seeking external funding or institutional investment.
What is the difference between a partner and designated partner? +
An LLP must have at least two designated partners, one of whom must be a resident in India. Designated partners are responsible for compliance under the LLP Act — filing returns, statutory disclosures, and acts of management. Regular partners share in profits but don't have compliance liability. A foreign national can be a designated partner only if at least one other DP is resident in India.
Is stamp duty payable on the LLP agreement? +
Yes. Stamp duty on the LLP agreement is paid as per the state stamp act in which the LLP is registered. In Delhi, it is Rs 1 per Rs 1,000 of capital contribution, subject to minimum Rs 100 and maximum Rs 5,000. The duty must be paid before filing the LLP agreement in Form 3.
What if the LLP agreement is not filed within 30 days? +
Late filing of Form 3 attracts additional fee under Section 69 of LLP Act — Rs 100 per day with no maximum cap. If the LLP agreement is never filed, the default rules under Schedule I of the LLP Act apply, which may not match the partners' intent. Always file Form 3 within 30 days of incorporation.
Can a single person form an LLP? +
No. An LLP requires at least two partners. For a single founder, the choice is between Sole Proprietorship (no separate legal status) or One Person Company (OPC) under the Companies Act 2013.
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