Register Your LLP in Just 11 Days

An LLP is a Limited Liability Partnership registered under the LLP Act, 2008. It is a separate legal entity from its partners and gives partners contractual flexibility with generally limited liability.

LLPs suit professional firms, consultants, agencies, service businesses, family businesses and closely held ventures that want formal registration and limited liability without a share-based corporate structure.

You need at least two partners, at least two individual designated partners, one resident designated partner, a valid Indian registered office, a compliant name and incorporation documents.

No, the LLP Act does not prescribe a minimum contribution. Partners can decide a reasonable contribution in the LLP Agreement.

There is no statutory maximum number of partners in an LLP.

No, an LLP needs at least two partners at all times. If it carries on business for more than six months with only one partner, that person can face personal liability in the circumstances set out under the LLP Act.

Yes, the same two individuals can be both partners and designated partners, provided one fulfils the resident-in-India requirement.

A partner is an owner. A designated partner is an individual responsible for statutory filings and compliance. Every LLP needs at least two designated partners.

Yes, a body corporate can be a partner, but it must nominate an individual to act as its designated partner where required.

Yes, subject to FEMA, FDI policy and sector-specific conditions. The LLP must still have at least one resident designated partner in India.

Foreign investment in an LLP may be permitted under the automatic route where the sector allows 100 percent FDI under the automatic route and has no FDI-linked performance conditions. Check the current FDI policy before proceeding.

Usually yes, but the person should first check their employment contract, outside-business policy, non-compete terms and conflict-of-interest restrictions.

Yes, spouses, siblings, parents and other family members can form an LLP if the incorporation requirements are met.

Common documents include PAN, identity proof, recent address proof, photograph, DSC documents, registered-office proof, owner NOC where applicable, subscriber sheet, Form 9 consent and business/contribution details.

They generally need a passport and overseas address proof. Depending on the country, documents may need notarisation, apostille or consular legalisation, along with a certified English translation if not in English.

A Digital Signature Certificate is the electronic signature used by designated partners to sign MCA forms online.

DIN is the identification number used for a designated partner. Ordinary partners do not necessarily need DIN. Eligible new designated partners can seek DIN allotment through the incorporation filing.

FiLLiP means Form for Incorporation of Limited Liability Partnership. It is the MCA incorporation form that records the LLP's office, partners, designated partners, contribution and other incorporation details.

Yes, you can apply through RUN-LLP, or use the available incorporation route as applicable. A name must be unique, legally acceptable and end with LLP or Limited Liability Partnership.

The MCA process permits proposed names in the available name-reservation route. We recommend preparing two well-checked options in order of preference.

An LLP name approved through RUN-LLP is generally reserved for three months. Check the MCA approval letter for the exact validity and file incorporation within that period.

Yes, if you can provide valid address proof and the owner's NOC where required.

Yes, if it is a genuine address for receiving official communication and the provider supplies valid documentation, including the agreement, utility bill and owner authorisation as needed.

No, LLP incorporation is completed online through the MCA portal using digitally signed documents.

Most straightforward cases take 10 to 15 working days. The timeline can increase if the name is rejected, documents are incomplete or the ROC asks for resubmission.

It is the official certificate issued by the Registrar of Companies after approving the LLP incorporation. It proves the LLP legally exists.

LLPIN is the LLP Identification Number allotted after incorporation. It is the LLP's unique MCA identifier and appears on the Certificate of Incorporation.

No, LLPIN identifies an LLP. CIN identifies a company incorporated under the Companies Act.

PAN and TAN are processed through the integrated incorporation flow. Keep the documents and details ready, and check the final issued records after incorporation.

It is the legal agreement that defines partner contributions, profit sharing, powers, duties, remuneration, entry and exit rules, and dispute resolution.

Yes, partners should execute it and file it with the MCA in Form 3 within 30 days of incorporation.

The LLP can incur late filing consequences and may not have its customised partner terms properly recorded with the MCA. The default Schedule I rules may apply where no agreement governs a point.

No, GST depends on turnover, activity, place of supply and compulsory-registration provisions. Some LLPs need it from the beginning; others do not.

Yes, an eligible LLP can apply for Udyam registration as an MSME.

An eligible LLP can apply for DPIIT Startup India recognition. It must meet the current eligibility conditions; recognition is not automatic after incorporation.

Yes, an LLP must meet annual MCA, tax, accounting and any applicable GST obligations even if it has not earned revenue.

Form 11 is the Annual Return, generally due by 30 May. Form 8 is the Statement of Account and Solvency, generally due by 30 October.

No, LLP accounts audit is generally required when annual turnover exceeds Rs. 40 lakh or contribution exceeds Rs. 25 lakh, subject to applicable rules. Tax audit can apply separately under income-tax law.

An LLP is generally taxed as a partnership firm. Its income is normally taxed at 30 percent, plus applicable surcharge and cess. A partner's exempt share of profit and taxable remuneration or interest should be evaluated under the Income-tax Act and the LLP Agreement.

An LLP can obtain loans and admit partners, but it cannot issue equity shares or ESOPs like a private limited company. It is usually not the preferred vehicle for VC funding.

No, an LLP does not have share capital and cannot issue company-style ESOPs. It can consider contractual incentive arrangements, subject to legal and tax advice.

Yes, these changes can be made by following the LLP Agreement, obtaining the necessary partner approvals and filing the applicable MCA forms within the prescribed time.

Yes, Retirement, cessation and transfer of rights should follow the LLP Agreement, and the LLP should file the relevant change form with the MCA.

It may be possible to restructure the business, but the route and consequences depend on the applicable law, tax position, contracts and business facts. Take advice before committing to a conversion plan.

No, both create a formal business entity, but an LLP is registered under the LLP Act, 2008, whereas a company is incorporated under the Companies Act, 2013.

The final cost depends on contribution, state stamp duty, number of DSCs, name-reservation route, LLP Agreement scope and professional fees. Ask for a written breakup before filing.

The LLP becomes legally incorporated on the issue of the certificate. Complete the LLP Agreement, bank account, tax registrations and business-specific licences before carrying out activities that require them.

An LLP does not have the same statutory company-secretary requirement as a company. It can still use a CA, CS or legal professional for compliance and filings.