LLP Registration (Limited Liability Partnership)

LLP: Easier to manage, fewer compliance requirements, no mandatory audit (if turnover is below ₹40 lakh), partners can share profits flexibly. Pvt Ltd: Better for raising investment, shareholders structure, more credibility with large corporates. If you don't plan to raise funding, LLP is usually simpler and cheaper to run.

Minimum 2 designated partners are needed. At least one must be an Indian resident. There is no maximum limit on the number of partners.

No. There is no minimum capital requirement for an LLP. You can start with any amount. However, we recommend having at least a small contribution documented in the LLP Agreement for credibility.

Yes. If your business grows and you want to raise investment or need a corporate structure, you can convert your LLP to a Pvt Ltd company. The process takes about 2-3 months. We handle these conversions regularly.

Every LLP must file: (1) Annual Return (Form 11) by May 30, and (2) Statement of Accounts (Form 8) by October 30. If turnover exceeds ₹40 lakh or capital exceeds ₹25 lakh, you also need an audit. We offer annual compliance packages.

Yes! Just like Pvt Ltd, you can use your home address as the registered office. You'll need the electricity bill and NOC from the property owner if it's rented.

LLPs are taxed at 30% on profits (plus surcharge and cess). Pvt Ltd companies with turnover below ₹400 crore are taxed at 25%. But LLPs don't have Dividend Distribution Tax. In many cases, the effective tax burden is similar. Our CA can calculate which saves you more.

The LLP Agreement is the main document that defines how your LLP works - partner roles, profit sharing ratio, who makes decisions, what happens if a partner wants to exit. Yes, it can be amended later by filing a supplementary agreement with MCA.

Without LLP registration, you have no limited liability. If the business has debts, creditors can seize your personal property. You also can't sue anyone in the partnership's name or open a proper business bank account. Registration gives you legal standing.

Late filing of Form 11 or Form 8 attracts a penalty of ₹100 per day per form. If you miss both forms, that's ₹200 per day. Over a year, this adds up to ₹73,000. If you don't file for years, ROC can strike off your LLP entirely.

In a regular partnership, all partners have unlimited personal liability. In an LLP, each partner's liability is limited to their investment. LLP is registered with MCA (central government), while partnership firms register with the state Registrar of Firms. LLP also has more credibility with banks.

No. The entire process is online through the MCA portal. You send us documents on WhatsApp, we file everything digitally, and your certificate comes through email. No office visits needed.

No hidden charges at all. The ₹2,499 includes DSCs, name reservation, DPIN, LLP Agreement drafting, filing, PAN, and TAN. The only extra is state stamp duty on the LLP Agreement, which is usually ₹500 to ₹1,000 depending on your state. We tell you this amount upfront.

MCA charges about ₹500 for the FiLLiP form and ₹150 for name reservation. DSC costs around ₹1,000 to ₹1,500 per partner. Stamp duty on the LLP Agreement varies by state. All of this is covered in our ₹2,499 package.

Yes. We register LLPs across India. Since the MCA portal is online, your location doesn't matter.

Yes. Stamp duty differs across states, typically ₹500 to ₹1,000 in most states with metros charging more. We calculate the exact stamp duty for your state before starting work.

Yes. There is no restriction on salaried people becoming LLP partners. Many professionals start LLPs while working a job. You just need to check if your employment contract has a non-compete clause.

After getting your certificate, open a bank account in the LLP's name, apply for GST if your turnover will exceed ₹20 lakh (₹10 lakh for services), and start maintaining proper books of accounts. We guide you through each step.