Business registration
Limited Liability Partnership (LLP) Registration
Combine the flexibility of a partnership with limited liability. We handle name reservation, incorporation and filing of your LLP agreement.
A limited liability partnership (LLP) gives you the flexibility of a traditional partnership with the protection of limited liability. The LLP is a separate legal entity, so it can own property and enter into contracts in its own name, and it continues even if partners join or leave.
Who it suits
LLPs are popular with professional firms, consultants, agencies and small businesses run by two or more partners who do not plan to raise equity funding. Compliance is usually lighter than for a private limited company, and an existing partnership firm can convert into an LLP.
How FileMyGSTR helps
We start with a call to understand your partners and how you want to share capital, profit and responsibility. Our team then arranges digital signatures, reserves the LLP name, files the incorporation form and drafts your LLP agreement. Everything is handled online. After registration, we can help with GST registration, bookkeeping and the annual LLP filings.
What's included
- A call to understand your partners, contributions and how you plan to run the business
- Digital signature certificates (DSC) for designated partners, where needed
- DIN for designated partners who do not already have one, through the incorporation form
- LLP name check and name reservation application
- Preparation and filing of the LLP incorporation form on the MCA portal
- Drafting of the LLP agreement and filing it with the Registrar
- Guidance on PAN, TAN, bank account and ongoing LLP compliance
Documents usually required
- PAN of each partner
- Aadhaar, voter ID or passport of each partner
- Passport-size photograph of each partner
- Residential address proof of each partner (recent bank statement or utility bill)
- Proof of registered office address (electricity or water bill)
- Rent agreement and no-objection certificate from the owner, if the office is rented
The exact list depends on your business. We'll confirm it on the first call.
How it works
- 1
Talk to us
Request a quote. We will call you to understand your partners and how the business will work.
- 2
DSC and documents
Share scanned documents online. We arrange digital signatures for the designated partners.
- 3
Name reservation
We check name availability and apply to reserve your LLP's name with the Registrar.
- 4
Incorporation
Our team files the incorporation form with partner details and consents. Once approved, you receive the certificate of incorporation.
- 5
LLP agreement
We draft the LLP agreement setting out each partner's rights and duties, and file it with the Registrar within the time allowed.
Typical timeline
Depends on your case and government processing times — we will give you an estimate on the call.
Pricing
Price on request — tell us about your business and we will send a quote.
Frequently asked questions
What is a limited liability partnership?
An LLP is a business structure that combines features of a partnership and a company. Partners run the business under an LLP agreement, while the LLP exists as a separate legal entity. Each partner's liability is generally limited to their agreed contribution, and partners are not liable for another partner's misconduct.
Is an LLP agreement mandatory?
Yes. An LLP agreement has to be executed and filed with the Registrar after incorporation. If the agreement is silent on a matter, default rules under the LLP Act apply, so it is worth getting the agreement right.
Can an existing partnership firm or company convert into an LLP?
Yes. A partnership firm, a private company or an unlisted public company can be converted into an LLP by following the conversion provisions of the LLP Act. We can advise you on whether it makes sense for you.
Does an LLP need an audit?
An LLP's accounts need to be audited only if its turnover or partner contribution crosses the limits set under the LLP rules. Smaller LLPs are exempt, but they still have annual filings to make. We will check where you stand.
How is an LLP different from a private limited company?
An LLP generally has fewer compliance requirements and is simpler to run, but it cannot issue shares to raise equity. A private limited company is usually preferred if you plan to bring in investors.