LLP Registration
in India
(Limited Liability Partnership)
Business Registration Corporation makes it quick and simple to register an LLP in India. Over 10,000 companies put their trust in us to create Limited Liability Partnerships and maintain legal compliance for their companies. We assist you with the online registration procedure through our staff of knowledgeable CAs and CS. A full 14 business days are needed for the incorporation process from start to finish. Just one click will get you registered as an LLP in the quickest and most economical manner possible.
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INTRODUCTION
In India, register as an LLP.
The Limited Liability Partnership, or LLP, is a well-balanced form that combines the advantages of a business with a traditional partnership firm. The Limited Liability Partnership Act of 2008 governs limited partnerships. Key advantages of a company structure, such as restricted liability of the partners and distinct and perpetual legal existence, are also provided by an LLC, which has less stringent compliance requirements and organized roles and responsibilities similar to a partnership. Because of this, professional and service-oriented businesses such as recruiting firms, management consulting firms, Chartered Accountants, and company secretaries often register their enterprises as limited liability partnerships (LLPs).
- A Skilled Group of Attorneys, CS, and CAs
- A 24-hour policy for query resolution and a dedicated account manager
- Startup Friendly Pricing, and Quick Registration
- 100% Online LLP Registration Process and Post Incorporation Support
- Thousands of Happy Customers Across All States of India
- Exclusive partner offers on web hosting, payment gateways, etc.
A Limited Liability Partnership Why Should You Register One?
Limited Liabilities of Partners
The main benefit of registering as a Limited Liability Partnership rather than a Partnership Firm is that the former counts as a distinct legal entity. As a result, partners benefit from limited liability through LLP. In the event of a business failure or insolvency, the partners' liability is limited to the capital contribution under the terms of the LLP agreement. Moreover, no partner shall be held accountable for the carelessness or wrongdoing of any other partner.
Flexibility in Operations
An LLP's functioning framework, including the partners' rights and obligations, are outlined in the LLP Agreement, a deed among the partners. An "Appointed Member" of an LLP usually oversees daily activities. Individuals or already-existing companies may join it as members. Furthermore, the duties and obligations of the partners may be precisely defined thanks to this framework. In the event that one partner does an illegal act, it may also aid in defending the partner's interests.
Differentiated Legal Status
The registration of a limited liability partnership establishes a distinct legal existence from its participants. in the LLP Act of 2008, the company is able to enter into agreements with other parties, file lawsuits, own property, and borrow money in the name of the LLP. It gives the company the freedom to run freely and forever, even in the event that one or more of the partners pass away.
Reduced Necessity for Compliance
Compared to Private Limited Companies, an LLP has fewer compliance responsibilities. Until a given amount of turnover or contribution is reached, an audit is not required. LLPs are exempt from compliance requirements pertaining to board meetings, statutory meetings, etc., in contrast to businesses. Maintaining a formation type that is cost-effective is possible since professional services for compliance are generally more affordable than those for firms.
A LIST OF DOCUMENTS
Documents Needed for Registration of Limited Liablity Companies
PAN Card
Every partner's PAN card Passports may be provided by foreign nationals.
Partners Address Proof
All partners' Aadhar cards, voter IDs, passports, and driver's licenses
Photographs
current passport-size photos of each director and shareholder
Business Address Proof
most recent telephone and electricity bills for the registered office address
NOC from owner
A certificate of no objection must be acquired from the registered office's owner.
Rent Agreement
If there is one, the registered office's rent agreement should be submitted.
Note
If the partner is a foreign national or non-resident alien, their documents need to be notarized or apostilled.
Name structure of a LLP
Special Name
facilitates name approval and helps to establish a unique identity.
Business Item
Make your business activity clear.
Type of Constitution
Limited Liability Partnership, or LLP, must appear at the end of the registered LLP's name.
ACTIVE REGISTRATION ONLINE
Launch Your LLP Fast and Easily!
1. Respond to Quick Questions
- Select an LLP registration plan based on what best suits your needs.
- Completing our questionnaires takes less than ten minutes.
- Please supply the necessary paperwork and basic information for LLP registration.
- For LLP registration fees, use safe payment platforms to make your payment.
- Our professionals help you every step of the way.
2. Relax While Our Team of Experts Completes Everything
- Manager of the assigned relationship
- Purchasing Digital Signatures (DSC)
- Application for the Reservation of the LLP Name
- LLP Certificate of Incorporation
- Requesting a Director Identity Number (DIN)
- Application regarding TAN and PAN
- LLP agreement drafting and other necessary document preparation
3.Whoa! The LLP Registration Process Was Simple.
- Your business is registered, get-set-grow!
- In India, incorporating and registering an LLP only takes 19 – 20 working days.
THE ACTION
How much time does it take?
Days 1 - 3
- Request for Certificate of Digital Signature
Days 4 - 7
- Verifying the availability of the LLP Name
- Application for "LLP-RUN" Name Reservation
- LLP Name Reservation
Days 8 - 12
- LLP incorporation document drafting
- submitting an application to register an LLP
- Application for Designated Partners' DIN allotment
- The LLP Incorporation Certificate
Days 13 - 17
- The LLP's application for PAN and TAN
- LLP Agreement Drafting
Days 18 - 22
- Stamp duty paid
- LLP Agreement Filing
- Time spent by the government processing
Common Queries
- Appointing two or more humans as Designated Partners is needed, with as a minimum one among them needing to be a resident of India. In order to establish your address as an LLP registered office, you must actually have a business deal with in India.
- No. In India, there is no set minimum required to establish an LLP. It may be launched with whatever amount of funding that the company requires. To create an LLP, each member must provide a financial investment, however there is no minimum. The LLP Agreement discloses the capital contribution amount, and the overall contribution amount determines the amount of stamp duty.
- The availability of an LLP call is a prerequisite for registering an LLP on-line. An LLP’s call may be reserved through the "LLP-RUN" (Reserve Unique Name) on-line form.To reserve any one of the names, the partners may submit up to two names in preference order. If a name does not meet the standards for originality, relevance, or other criteria, the registrar may request that the application be resubmitted under an alternative name.
- Becoming a Partner in LLP is open to anybody without regard to citizenship or residency requirements. As a result, foreign nationals, including foreign companies and LLPs, are permitted to form LLPs in India under the LLP Act, 2008. Having at least one Designated Partner who resides in India is a must. But the individual must be at least eighteen years old. This is to guarantee that the individual in LLP is of legal age and capable of signing contracts. The suggested Designated Partner must also possess a DIN.
- In terms of the LLP incorporation, DIN takes the role of the notion of DPIN (Designated Partner Identification Number). The MCA assigns Director Identification Numbers, which are distinctive numbers to the people who submit applications on their behalf. This enables anybody to be a designated partner in an LLP or a director in any company.
DIN allocation is applied in conjunction with FiLLiP incorporation application, up to a maximum of 2 DIN.
- The LLP Digital Signature Certificate is issued by Certified Authorities and comes in token form. Any online form submitted for the creation of a Limited Liability Partnership (LLP) in India must be completed after the chosen partner’s DSC has been attached.