LLP Registration in Delhi
Limited liability partnership registration in Delhi through FiLLiP — partnership flexibility with limited liability and full MCA compliance.
Quick answers
What is LLP registration?
LLP registration is the incorporation of a Limited Liability Partnership under the LLP Act 2008 and the LLP Rules 2009. It is filed through the FiLLiP form on the MCA portal, and the resulting LLP combines the operational flexibility of a partnership with limited liability protection for its partners.
Who should consider registering an LLP?
Professional service firms, mid-size businesses and partnerships that want limited liability with a lower annual compliance burden than a private limited company. An LLP needs at least two designated partners with Class 3 DSCs. Businesses planning venture funding, ESOPs or an eventual IPO generally need a private limited company instead.
How does SKAG and Associates handle LLP registration?
The firm helps plan partners, capital contribution and profit sharing, reserves the name through RUN-LLP, arranges DSCs for designated partners, and files FiLLiP with the required attachments. It then drafts the LLP agreement for stamping and filing in Form 3 within 30 days of incorporation; PAN and TAN are allotted through FiLLiP.
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 Registration: rules and practical points
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)
- Late filing — since 1 April 2022, delayed LLP forms attract an additional fee that is a multiple of the normal fee and rises with the delay, with lower multiples for small LLPs (LLP (Amendment) Rules, 2022). The earlier flat Rs 100 per day no longer applies.
- 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.
LLP Registration for clients in New Delhi & Delhi NCR
SKAG and Associates is a firm of Chartered Accountants based at Kh.No-84, Plot No -RZ-I-1, F/Floor, 12/2, Main Rd, opposite Yammaha Showroom, Mahavir Enclave, New Delhi – 110045. We provide llp registration and allied compliance support to individuals, professionals, firms and companies across New Delhi, South West Delhi and the wider Delhi NCR region, as well as clients elsewhere in India who engage us remotely.
Engagements are conducted strictly in accordance with the Chartered Accountants Act, 1949 and the ICAI Code of Ethics. To discuss your requirement, you are welcome to contact the office or call +91 88022 54567 during working hours (Mon–Sat, 10:00 AM–7:00 PM).
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; since the Companies (Amendment) Act, 2017, an LLP with two or more partners can apply (earlier, seven were needed). 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 an additional fee under Section 69 of the LLP Act. Since 1 April 2022 this is a multiple of the normal filing fee that rises with the length of delay, with lower multiples for small LLPs, under the LLP (Amendment) Rules, 2022 (G.S.R. 109(E)); the earlier flat Rs 100 per day no longer applies. 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.
Questions about LLP Registration?
You may contact CA Gaurav Singh to discuss your specific facts and requirements.
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