Limited Liability Partnership (LLP)

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Documents Required

Pan Card
Passport (Foreign Nationals Only)
Voters Identity Card

LLP Registration

LLP registration and deed drafting including Government Fee & Stamp Duty*.
  • Basic
  • LLP Deed Drafting
  • LLP Registration
  • Current Account Opening
  • 2 Digital Signatures

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LLP Registration

LLP Registration in India has become an alternative form of business that provides the advantages of a Company and the flexibility of a Partnership firm into a single organization. The Concept of LLP in India was introduced back in 2008 by the Limited Liability Partnership Act of 2008. This unique hybrid is suitable for setting small, medium-sized businesses.

LLP Registration FAQ's

Who are eligible for LLP?

To form an LLP, at least two individuals (called Designated Partners) must be appointed. The individuals must be aged 18 or above and must possess a valid Indian address. Designated Partners can be individuals or bodies corporate (such as companies). Foreign nationals, foreign corporate bodies and limited liability partnerships can also be appointed as Designated Partners.

How much does an LLP cost?

The cost of registering an LLP in India depends on the number of partners, the amount of the contribution made by each partner and any additional registration fees. There are additional costs associated with setting up an LLP in India, such as professional fees, stamp duty, and other registration requirements.

Is GST required for LLP?

Yes, Goods and Services Tax (GST) is required for all Limited Liability Partnerships (LLPs) depending on the type of services or goods they offer. LLPs are required to obtain a GST registration and file GST returns on a regular basis.

What is a Digital Signature Certificate?

A DSC is helpful in identifying the sender or the signee electronically. The Ministry of Corporate Affairs (MCA) has made it mandatory for all the designated partners to apply with the Digital Signatures.

What is DPIN?

Designated Partner Identification Number is a unique identification number that is assigned to all existing and proposed Designated partners of an LLP. All the present or proposed Directors must have a DPIN.

How long does it take to incorporate an LLP?

The time taken for incorporation depends on the submission of relevant documents by the client as well as the Approvals from the Government authorities. IndiaFilings can help you Incorporate an LLP in 14-20 days.

Can NRIs/ Foreign Nationals be designated partners in LLP?

An NRI can be a designated partner in a Limited Liability Partnership if he has a Designated Partner Identification Number. However, at least one Designated Partner in the LLP must be a resident Indian.

Do LLPs allow Foreign Direct Investment (FDI)?

FDI is allowed under automated route in an LLP by the Foreign Investments Promotion Board (FIPB). Note: Foreign Institutional Investors and Foreign Capital Investors are not allowed to invest in LLPs.

Can we convert a Partnership Firm into an LLP?

An existing partnership firm or a Company that is unlisted can be converted into an LLP. This conversion into an LLP brings in many benefits.

What documents are required for incorporating an LLP?

For the Partners
  • PAN or Passport
  • Any Identity proof
  • Bank statements
    • Registered office proof
  • NOC from the landlord to use the premises of the registered office
  • Any utility bills of the premises which are not less than two months.

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