Online LLP Registration in India (Limited Liability Partnership)

A Limited Liability Partnership (LLP) is a distinctive business structure that merges the benefits of partnerships with those of corporations. We provide the flexibility of a partnership while also offering limited liability protection to our partners. LLPs are especially popular among professionals, startups, and small to medium-sized enterprises because they offer a blend of simplicity, adaptability, and legal safeguards.

Online LLP Registration in India (Limited Liability Partnership)

    Why Choose LLP?

    • Limited Liability Protection: Partners’ liabilities are limited to their agreed contribution, protecting personal assets.
    • Separate Legal Entity: The LLP is a distinct legal entity from its partners, ensuring continuity and independent legal standing.
    • Flexibility in Management: LLPs offer flexibility in management and operation, without the stringent requirements imposed on companies.
    • No Audit Requirement: Small LLPs with a turnover below ₹40 lakhs and contribution less than ₹25 lakhs are exempt from audit requirements.
    • Tax Benefits: LLPs enjoy various tax advantages, including no Dividend Distribution Tax (DDT) and easier compliance with fewer formalities.

    Eligibility Criteria for LLP Registration:

    • Minimum Partners: An LLP requires at least two partners. There is no upper limit on the number of partners.
    • Designated Partners: Out of the partners, at least two must be Designated Partners, with at least one being a resident of India.
    • Unique Name: The LLP’s name must be unique and should not resemble any existing registered company or LLP.
    • Registered Office: The LLP must have a registered office within India where official correspondence can be sent.

    Steps to Register an LLP Online:

    • Digital Signature Certificate (DSC): All designated partners must obtain a DSC, which is necessary for signing electronic documents.

    • Director Identification Number (DIN): Obtain the DIN for all designated partners. This is mandatory for every partner in an LLP.

    • Name Reservation: File an application for name reservation with the Ministry of Corporate Affairs (MCA). The name must be unique and comply with the LLP naming guidelines.

    • LLP Agreement Drafting: Draft the LLP agreement, which outlines the rights, duties, and responsibilities of partners. This agreement must be filed within 30 days of LLP incorporation.

    • Filing for Incorporation: Submit the incorporation form (Form FiLLiP) along with the required documents such as proof of address, identity proofs, and the proposed LLP agreement.

    • Certificate of Incorporation: Once the MCA approves the application, a Certificate of Incorporation is issued, signifying the legal formation of the LLP.

    • PAN & TAN Application: After incorporation, apply for the LLP’s Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN).

    Documents Checklist

    Documents Required for LLP Registration:

    • Partners’ Documents:

      • PAN Card of partners
      • Address proof (Aadhar Card/Voter ID/Passport/Driving License)
      • Residence proof (Bank Statement/Utility Bill)

    • Registered Office Documents:

      • Proof of registered office address (Electricity Bill/Property Tax Bill/Water Bill)
      • No-Objection Certificate (NOC) from the property owner
      • Rental agreement/Lease deed (if applicable)

    • LLP Agreement:

      • Details of business activities
      • Profit-sharing ratio among partners
      • Partner responsibilities and rights

    Advantages of Online LLP Registration with Taxpen

    • Hassle-Free Process: We handle the entire registration process, from document preparation to final approval.
    • Expert Guidance: Our experienced professionals provide end-to-end support, ensuring a smooth and error-free registration.
    • Transparent Pricing: No hidden charges; our fees are clearly outlined from the start.
    • Post-Incorporation Services: We also offer services such as LLP compliance management, annual filings, and more.

    Why Register with Us?

    • Experienced Team: Our team of experts is well-versed in the legal and procedural aspects of LLP registration.
    • Quick Turnaround: We prioritize quick and efficient processing to get your LLP registered as soon as possible.
    • Customer Support: Our dedicated customer support team is available to answer all your queries and guide you through the process.

    Limited Liability Partnership Registration