• support@srifintax.com

  • +91 9692990545

  • Mon-Sat 09.00 - 22.00

Limited Liability Partnership (LLP) Registration

LLP was launched in India by way of the Limited Liability Partnership Act, 2008. The main edge of a Limited Liability Partnership is one partner is not liable for another partner’s misconduct or negligence. LLP is favored by Professionals, Micro and Small businesses that are family-owned or closely-held.

Limited Liability partnership offers the benefit of limited liability to its owners and at the same time needs minimal maintenance. The owners of a private limited company have limited liability to creditors. In case of default, banks/creditors can only sell the company’s assets and not the personal assets of directors.

An LLP also gives limited liability protection for the owners from the debts of the LLP. Accordingly, all partners in an LLP enjoy a kind of limited liability protection for every individual’s protection within the partnership, related to that of the shareholders of a private limited company.

Why Limited Liability Partnership (LLP)

  • Dual advantages- Company and a Partnership
  • No partner will be responsible for other partner’s misconduct
  • Cheaper to incorporate than a private limited company
  • Limits the liabilities of its partners

Documents Required

  • PAN Card or Passport (Foreign Nationals & NRIs)
  • Latest Bank Statement/Telephone or Mobile Bill/Electricity or Gas Bill
  • Voter's ID/Passport/Driver's License
  • Passport-sized photographs
  • Specimen signature (blank document with signature [partners only])
  • NOC from the Owner of Premises

Our Procedure

Complete our Simple Form Online

You are required to fill your details in our simple questionnaire and submit documents.

Verfication of Documents

For further procedures, details provided by you will be verified by our experts.

Submission of Documents

We will create all the required documents and file them with appropriate authority.

Your work is Completed

Once your proprietorship is incorporated, we will intimate you about the same.

Our Pricing

Starter

All Inclusive Pricing

6999

  • LLP Name Approval
  • LLP Deed Drafting
  • Incorporation Fees
  • Digital Signature For 2 Partners
  • DPIN for 2 Partners
purchase

Professional

All Inclusive Pricing

9999

  • Starter Package
  • MSME Registration
  • GST Registration
  • 3 Months GST Return Filing (GSTR-1 or 3B)
purchase

Enterprise

All Inclusive Pricing

15999

  • Professional Package
  • Trademark Filing
  • Accounting Software
  • GST Software
  • Bookkeeping
  • Financial Statements
purchase

Related Articles

Limited Liability Partnership (LLP)

LLP Registration Process in India

Limited Liability Partnership (LLP)

Statutory Compliance immediately after LLP Registration

Frequently Asked Questions

At least two partners are required for LLP registration. The maximum partners can be 200. If you are the sole owner, you can register as a One Person Company.

Designated Partner Identification Number is a unique identification number assigned to all existing and proposed Designated Partner of a LLP. It is mandatory for all present or proposed Designated Partner to have a Designated Partner Identification Number. Designated Partner Identification Number never expires and a person can have only one Designated Partner Identification Number.

LLPs are required to file an annual filing with the Registrar each year. However, if the LLP has a turnover of less than Rs.40 lakhs and/or has a capital contribution of less than Rs.25 lakhs, the financial statements do not have to be audited.

No, you will not have to be present at our office or appear at any office for the incorporation of a Limited Liability Partnership. All the documents can be scanned and sent through email to our office. Some documents will also have to be couriered to our office.

Yes, but only after he has been assigned with DIN/DPIN. However, at least one designated partner in LLP must be a Resident of India. In fact, the foreign director can also be a majority shareholder in the company

Are you ready to start your business?