LLP Registration — Limited Liability Partnership | Valcoura
Limited Liability Partnership (LLP) Registration
Modern, flexible business structure: Limited compliance, partner protection, 100% online pan-India registration.
PAN India Service For Startups, Consulting, Agencies, Professionals
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LLP — Features at a Glance

Feature Details
Separate Legal Entity LLP is a separate person under law; can own property, enter contracts, sue and be sued on its own.
Partner Liability Protection All partners have limited liability; personal assets are not at risk beyond the investment made in LLP.
Number of Partners Minimum 2, no upper limit; ideal for co-founders, agencies, professionals.
Compliance Cost Lower ongoing compliance; audit only if turnover > ₹40 lakh or capital > ₹25 lakh.
Funding No shares; partners can bring in capital or loans, but not for VC/angel equity funding.
Foreign Investment Allowed with RBI/FEMA rules; at least one Indian resident partner required.
Governing Law LLP Act, 2008 (not Companies Act).
Annual Filing Form 8 (accounts) and Form 11 (annual return) must be filed with MCA every year.
Taxation Flat 30% on profits; profit share not taxed in partners' hands.
Flexibility Easy to add/remove partners, full freedom in LLP agreement and business management.
Dissolution Simple to close via Form 24 if no outstanding debts.
Registrar Registered with Ministry of Corporate Affairs (MCA); unique LLPIN allocated.
Pan-India Validity Operate and open office anywhere in India.

LLP Registration — Stepwise Process

  1. Obtain Digital Signature Certificates (DSC) for each partner
  2. Reserve name online (RUN-LLP platform, suggest 2 unique names)
  3. File FiLLiP Form (incorporation) with the Ministry of Corporate Affairs
  4. Draft & file the detailed LLP Agreement (roles, duties, profits, partnership structure)
  5. Registrar review and approval; receive Certificate of Incorporation, LLPIN, PAN, TAN
  6. Open LLP bank account and start business — pan-India operation

Documents Required for LLP Registration

For All Partners

  • PAN card (self attested)
  • Aadhaar card
  • Address proof (Voter ID/Passport/Driver's License)
  • Email and mobile number
  • Passport size photo
  • Latest utility bill (max 2 months old)

For Registered Office

  • Rent agreement or ownership proof
  • NOC from landlord (if rented)
  • Utility bill/property tax receipt
NRIs/Foreign partners: Submit notarized/apostilled documents as applicable.

Why Businesses Choose LLP

Easy and affordable registration process
Low yearly compliance and paperwork
No maximum limit on number of partners
Ideal for professionals, consultancies, family firms
Quick set-up and easy exit process
All-India, city/state independent
No minimum capital required
Flexible partner entry and exit
Full support across India — setup, filings, all digital!

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Get your Limited Liability Partnership registered from anywhere in India — expert support, easy forms, all government filings, fast turnaround.
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Frequently Asked Questions (FAQ)

1. What is the main difference between LLP and Private Limited Company?
A Private Limited Company suits startups seeking funding and issuing shares; LLP is ideal for professional, consulting, and family partnerships with fewer compliance requirements and partnership-style management.
2. Who can become a partner in an LLP?
Any individual (Indian or Foreign, subject to at least one Indian resident partner) or body corporate can be a partner.
3. What are the annual compliance requirements for LLP?
LLPs must file Form 8 (Statement of Account) and Form 11 (Annual Return) every year. Audit is compulsory only if turnover exceeds ₹40 lakh or capital exceeds ₹25 lakh.
4. How do partners inject capital or funding into LLP?
There are no shares; partners contribute capital and may bring in loans. Venture capital/equity investment is not possible in LLP format.
5. How long does LLP registration take?
Typically 7–10 working days, depending on name approval and MCA processing.
6. Is LLP registration valid in every city/state?
Yes, LLP is an all-India format; you may open offices or operate from any part of India.
7. How can we close an LLP?
If all filings and compliance are up-to-date and there are no liabilities, LLP can be closed via Form 24 (strike-off) with MCA.
8. Can a foreigner become a partner in LLP?
Yes, with proper documentation, but at least one partner must be an Indian resident.