Limited Liability Partnership

Who needs this

Professionals and small teams who want liability protection without the compliance load of a private limited company. Common for consultancies, agencies, and professional practices with two or more partners.

Documents required

• PAN card for every designated partner
• Aadhaar card
• Address proof no older than two months
• Proof of the registered office, with a No Objection Certificate if rented

Process & timeline

1. 01Reserve your LLP nameWe check availability and file for name reservation with the Registrar.
2. 02Obtain Digital Signature CertificatesEvery designated partner needs a Class 3 DSC to sign the incorporation forms electronically.
3. 03File the incorporation formWe submit the LLP incorporation form (FiLLiP) along with the partners' consent and address proof.
4. 04Draft and file the LLP AgreementThe agreement covering profit sharing and partner duties is filed within 30 days of incorporation.

Fees

Professional fees start at ₹7,999, depending on what's included. See the exact tiers alongside this page. Government fees and GST are billed separately, at cost.

FAQs

How many partners does an LLP need?

At least two designated partners, one of whom must be a resident of India. There's no upper limit on partners.

Does an LLP need audited accounts?

Only if turnover exceeds ₹40 lakh or capital contribution exceeds ₹25 lakh in a financial year. Below that, a simpler compliance regime applies.

Can an LLP raise equity funding?

Not in the way a private limited company can. Investors who want equity typically ask LLPs to convert to a private limited company first.