LLP (Limited Liability Partnership) registration in India

An LLP gives you the flexibility of a partnership with the protection of limited liability, and it is registered under the LLP Act, 2008.

Eligibility

  • Minimum 2 partners are required to form an LLP.

  • At least 1 designated partner must be a resident of India.

  • Individuals or body corporates can be partners, subject to the LLP rules.

  • There is no minimum capital requirement to start an LLP.

Documents checklist

  • PAN card of all partners.

  • Aadhaar card or other identity proof of all partners.

  • Address proof of all partners, such as bank statement, electricity bill, or passport.

  • Passport-size photographs of partners.

  • Proof of registered office address, such as rent agreement/ownership proof plus utility bill.

  • NOC from the property owner, if the office is rented.

  • Digital Signature Certificate for designated partners.

  • LLP agreement draft with capital contribution, profit sharing, rights, and duties.

Registration process

  1. Choose a unique name for the LLP and check availability on the MCA portal.

  2. Obtain Digital Signature Certificates for the designated partners.

  3. File the incorporation form, called FiLLiP, with the Registrar.

  4. Prepare and file the LLP Agreement after incorporation.

  5. Apply for PAN, TAN, and GST if needed for your business.

Benefits

  • Limited liability, so partners’ personal assets are generally protected.

  • No minimum capital requirement, which makes it easier to start.

  • Lower compliance than a private limited company.

  • Flexible internal management through the LLP agreement.

  • Better credibility with banks, vendors, and clients because it is a registered legal entity.