Limited Liability Partnership (LLP) Registration

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Here’s How It Works

Digital Signature Certificate (DSC)

We assist partners in obtaining their DSCs, required for signing all online filings securely.

Director Identification Number (DIN)

Our team applies for DIN on behalf of all designated partners.

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Name Reservation

We help you choose a unique LLP name and reserve it with MCA.

LLP Agreement Drafting

Our experts draft a customized LLP Agreement detailing partner roles, responsibilities, and profit sharing.

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Incorporation Filing

Submit all required incorporation documents (Form FiLLiP) to MCA for approval.

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Certificate of Incorporation

We ensure smooth approval and deliver your official Certificate of Incorporation.

Start your LLP in India effortlessly with Alphawix. We prioritize your privacy and security by using advanced encryption and trusted protocols, making the entire process fast, reliable, and worry-free.

  • Passport or PAN Card (Applicable for Foreign Nationals & NRIs)

  • Voter ID, Passport, Driver’s License, and Aadhar Card

  • Recent Bank Statement, Utility Bill, Phone Bill, Power and Gas Bill

  • Passport-Sized Photograph of the Partners

  • A Blank Document With Sample Signature

  • One of the Partners Must Self-Attest the First Three Documents

  • All documentation for NRIs or foreign nationals must be apostilled or notarized

  • Utility costs

  • English rental agreement notarized

  • English property deed or sale deed with owner's letter of no objection

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Limited Liability Partnership (LLP) is a contemporary and advantageous business structure. Blending the strengths of partnership dynamics and the security of limited liability, an LLP registration in India offers a versatile platform for entrepreneurs to collaborate and innovate confidently.

Getting your LLP registered in India is super easy with us. Many businesses trust us to help them register their Limited Liability Partnerships and ensure they follow the rules. Our team of experts will guide you through the online registration process from beginning to end. It's the fastest and cheapest way of LLP company registration, all you have to do is just reach out to us. Start now and set yourself up for a successful business future with LLP registration online.

What is an LLP?

Limited Liability Partnership (LLP) Registration in India

A Limited Liability Partnership (LLP) is a unique type of business setup that blends a partnership's and a company's features. In an LLP, partners enjoy limited liability, similar to shareholders in a company, while also benefiting from the flexibility and simplicity of a partnership. This arrangement grants the LLP formation its legal identity, allowing it to take legal actions and be subject to legal actions separately from its partners.

The structure and LLP registration in India have become popular among entrepreneurs in various industries because they shield partners' assets and have more straightforward regulatory requirements than traditional corporations. The concept of LLP was introduced in India in 2008 and is governed by the Limited Liability Partnership Act, offering a dependable and adaptable option for businesses of all sizes.

Prerequisites and Eligibility Conditions for LLP Registration Process

  • Minimum of Two Partners: Establishing a Limited Liability Partnership in India necessitates a minimum of two partners, with no upper threshold on the maximum number of partners.

  • Designated Partners: Within the partnership framework, at least two selected partners are obligatory, and they must be natural individuals. At least one of these designated partners must also maintain residency in India for an LLP incorporation.

  • Nomination for Body Corporate Partner: If a body corporate assumes the role of a partner, the designation of a natural person must act as its representative.

  • Agreed Contribution: Each partner is required to contribute the shared capital of the LLP, as stipulated and agreed upon.

  • Minimum Authorized Capital: To register LLP, it is mandated to possess an authorized capital of at least Rs.1 lakh.

  • Indian Resident Designated Partner: At least one designated partner of the LLP must hold a resident status in India.

By satisfying these prerequisites, you can progress with the LLP registration process in India and avail the advantages bestowed by this business structure.

Characteristics of Limited Liability Partnership (LLP)

  • Legal Identity: Like big companies, an LLP has a separate legal identity. This means it's seen as its own "person" regarding rights and responsibilities, separate from those who own it.

  • At Least Two Partners: An LLP formation needs at least two people to start it. This teamwork helps in setting up the business and working together.

  • No Partner Limit: Unlike some other businesses, there's no highest number of partners an LLP can have. This makes it easy to grow and bring in more partners.

  • Two Designated Partners: A Limited Liability Partnership must have at least two "main" partners. These people must be real individuals, and at least one should live in India.

  • Limited Responsibility: One big plus of an LLP is that if something goes wrong, each partner is only responsible for what they put in. So, personal things are safe from business problems.

  • Cost-Effective Start: To register LLP, costs less than setting up a big company. This makes it a great option for smaller businesses.

  • Less Rules to Follow: LLPs don't have to follow as many rules and regulations as big companies. This means less paperwork and less to worry about.

  • No Minimum Money Needed: Unlike big companies, you don't need a certain amount to start an LLP. Partners can invest what they can afford.

Advantages of Register LLP in India

The advantages of register LLP in India are elaborated in detail below:

  • Own Legal Identity: An LLP is like its own person, just like big companies. This helps people trust and work with it, as it can do legal things independently.

  • Less Risk for Partners: LLP partners are only responsible for what they put in. They don't have to pay for all the debts or losses, which is good for their reputation.

  • Saves Money and Time: To register LLP, the costs are less and have fewer rules than big companies. There's less paperwork to do every year.

  • No Fixed Money Needed: You don't need much money for LLP company registration. Partners can put in whatever amount they want.

Disadvantages of Register LLP in India

Certainly, Limited Liability Partnerships (LLPs) present numerous advantages despite a few inherent disadvantages:

  • Getting in Trouble for Not Following Rules: Even though LLPs have fewer rules, they can get big fines if they don't follow them on time. Even if an LLP doesn't do anything in a year, it still needs to tell the government or get fined.

  • Ending an LLP: An LLP needs at least two partners. It must stop if it has fewer than two partners for six months. Also, it might have to close if it can't pay its debts.

  • Hard to Get Big Money: LLPs don't work like big companies where people invest money and become owners. This makes it tricky to get a lot of money from investors.

Here are the characteristics of company structure, and one must adhere to this for LLP registration in India:

To qualify for the LLP company registration in India, you must adhere to the subsequent criteria: