Registration
LIMITED LIABILITY PARTNERSHIP
What is LLP Registration?
A Limited
Liability Partnership (LLP) is a type of business structure that combines
the features of a partnership firm and a company. In an LLP:
- Partners have
limited liability —
meaning they’re responsible for debts only up to their agreed
contribution.
- It has a separate legal
identity, distinct from its partners.
- Governed by the Limited
Liability Partnership Act, 2008 in India.
Benefits of LLP Registration:
Limited Liability Protection — Partners aren’t personally liable for
business debts.
Separate Legal Entity — LLP can own property, open a bank account,
sue and be sued in its name.
Low Compliance Cost — Compared to a private company, LLP has lesser
annual compliances.
No Minimum Capital
Requirement — You can start with
any capital amount.
Easy Transfer of
Ownership — Partners can be
changed easily without affecting the existence of LLP.
Perpetual Existence — Continues to exist even if partners change or
exit.
Process of LLP Registration:
Apply for DSC (Digital
Signature Certificate) for all designated partners.
Apply for DPIN
(Designated Partner Identification Number) through MCA portal.
Name Reservation using RUN-LLP (Reserve Unique Name for LLP).
Filing of Incorporation Documents (Form FiLLiP) with MCA, including
LLP Agreement draft.
Draft and File LLP Agreement within 30 days of incorporation.
Get Certificate of Incorporation issued by Registrar of Companies (RoC).
Time Taken: Usually 10-15 working days
Criteria for LLP Registration:
️ Minimum 2
Partners (at least one should be a resident in India)
️ Digital Signature Certificate (DSC) for all designated partners
️ DPIN (Designated Partner Identification Number) for all designated
partners
️ LLP Name should be unique and not similar to any existing company
or LLP
️ Registered Office Address proof
📄 Document
Title: COMPANY PROFILE OF LIMITED LIABILITY PARTNERSHIP REGISTRATION
📜 Document Instructions:
Format: 📄 PDF
Service Related FAQ
Who can register an LLP in India?
Any two or more individuals or body corporates (companies, LLPs) can form an LLP. At least one designated partner must be an Indian resident.
How long does it take to register an LLP?
Typically, it takes 10–15 working days for complete registration, depending on document submission and government processing time.
Is it mandatory to file an LLP Agreement?
Yes, the LLP Agreement must be filed with the Ministry of Corporate Affairs (MCA) within 30 days of incorporation. It defines the rights, duties, and obligations of the partners.
Can a foreign national be a partner in an LLP?
Yes, a foreign national or Non-Resident Indian (NRI) can be a partner in an LLP, subject to FDI guidelines.
Can an existing partnership firm be converted into an LLP?
Yes, an existing partnership firm can be converted into an LLP under the LLP Act, 2008.
