LLP Registration Online
@ Rs. 999

Introduction

Planning to start a business in India and wondering how to structure it? LLP registration is one of the most preferred legal structures by entrepreneurs and professionals. At Bright Advis, we help you with hassle-free LLP company registration services – from documentation to final registration. This guide covers everything you need to know about the LLP registration process, its benefits, eligibility, and the documents required for LLP registration.

What is an LLP?

A Limited Liability Partnership (LLP) is a corporate business structure that combines the benefits of both a partnership firm and a private limited company. Introduced under the Limited Liability Partnership Act, 2008 in India, LLPs offer flexibility of operations, limited liability for partners, and a separate legal identity. LLP registration is ideal for startups, SMEs, and professional firms seeking scalability with lower compliance burdens.

Eligibility Conditions for LLP Registration

Before initiating the LLP registration process, it’s important to ensure you meet the required prerequisites:

• – Minimum of two partners, with at least one being an Indian resident.
• – DSC (Digital Signature Certificate) for all partners.
• – A registered office address in India.
• – No legal disqualifications or criminal records.

Characteristics of Limited Liability Partnership (LLP)

• – Separate Legal Entity: An LLP is treated as a separate legal person, distinct from its partners.
• – Limited Liability: The liability of each partner is limited to their agreed contribution.
• – Perpetual Succession: Changes in partners do not affect the existence of the LLP.
• – No Minimum Capital Requirement: There’s no mandated minimum capital for LLP registration.
• – Low Compliance Requirements: Compared to private limited companies, LLPs have fewer annual filings.

Advantages vs Disadvantages of LLP Registration

Limited Liability Partnership (LLP) Name Structure

Choosing the right name for your LLP company registration is crucial. It must:

• – Be unique and not similar to existing businesses or trademarks.
• – End with “LLP” or “Limited Liability Partnership”.
• – Reflect on the nature of the proposed business.
• – Do not include any restricted or prohibited words as per MCA guidelines.

Checklist for LLP Registration

Before proceeding with the registration, ensure the following checklist is ready:

• – Minimum 2 partners (at least one resident Indian)
• – Proposed name and business objectives
• – Registered office address proof
• – Identity and address proof of partners
• – Digital Signature Certificates (DSC) for all designated partners
• – Draft LLP Agreement

Documents Required for LLP Registration Online

Here’s a list of documents required for LLP registration in India:

For Partners:

• – PAN Card (Mandatory)
• – Aadhaar Card
• – Address Proof (Voter ID, Driving Licence, Passport)
• – Passport-size Photographs

For Registered Office:

• – Utility bill (Electricity, Gas, Water – not older than 2 months)
• – Rent Agreement (if rented property)
• – NOC from the owner

Procedure for LLP Registration Online

Step-by-step LLP registration process:

Step 1: Reserve Your LLP Name. Submit the RUN-LLP form to reserve your business name.

Step 2: Obtain DSC (Digital Signature Certificate) All designated partners must have a valid DSC to sign e-forms.

Step 3: Apply for DPIN (Designated Partner Identification Number). File an e-form DIR-3 to get DPIN through MCA.

Step 4: Fill and Submit FiLLiP Form File FiLLiP (Form for incorporation of LLP) along with supporting documents.

Step 5: Receive Certificate of Incorporation. Once approved, you’ll get the Certificate of Incorporation from the Registrar.

Step 6: Draft and File the LLP Agreement. Submit your LLP Agreement within 30 days of incorporation.

LLP Compliances in India

• Once your LLP is registered, it must comply with the following annual compliances:
  
  – Form 11 (Annual Return) – Must be filed within 60 days from the end of the financial year.
• – Form 8 (Statement of Account & Solvency) – Due within 30 days from the end of six months of the financial year.
• – Income Tax Return Filing – Mandatory every financial year.
• Audit Requirement – Applicable only if turnover exceeds ₹40 lakhs or contribution exceeds ₹25 lakhs.

LLP Registration Made Possible with Bright Advis

At Bright Advis, we simplify your entire LLP registration process. From obtaining your DSC to drafting the LLP agreement, we manage it efficiently and transparently. Our affordable LLP registration fees ensure you get quality services without a heavy cost. Whether you’re a startup, professional firm, or growing business, we tailor our solutions to suit your needs.

Proprietorship vs Limited Liability Partnership (LLP) vs Company

How to Register an LLP in India?

If you’re wondering how to register an LLP in India, here’s a quick overview:

• Choose a unique name for your LLP.
• Obtain DSC and DPIN for all partners.
• File incorporation documents with the MCA.
• Draft and submit your LLP Agreement.
• Receive your LLP Certificate of Incorporation.