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Limited Liability Partnership

LLP Registration

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PAN & TAN
Registration

LLP Agreement
Registration

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HERE'S HOW IT WORKS

1. Fill Form

Simply fill the above form
to get started.

2. Call to discuss

Our expert will
connect with you & prepare
documents.

3. Get certificate

Get your Company
Incorporation certificate

BENEFITS OF LLP REGISTRATION

Limited Liability Protection to Directors personal assets

Many times startups need to borrow money and take things on credit. In case of normal Partnerships, Partners personal savings and property would be at risk incase business is not able to repay its loans. In an LLP, only investment to start a business is lost, personal assets of the Partners are safe.

Better image and credibility in Market

Limited Liability Partnership (LLP) is a popular and well known business structure in the world. Corporate Customers, Vendors and Govt. Agencies prefer to deal with LLP instead of proprietorship or normal partnerships.

No Audit Requirement & Minimal Compliances

LLP is easy to manage and statutory audit is not required for Limited Liability Partnership. LLP is most ideal for small enterprises. Tax Audit is also not required for LLPs with capital less than Rs. 25 lac and turnover not exceeding Rs. 40 lac.

Continuity of Business

LLP continues to exist beyond the existence of its Partners. This is not possible in traditional partnership firms.

MINIMUM REQUIREMENTS FOR LLP REGISTRATION

  • Minimum 2 Partners
  • Address proof for office of LLP
  • DIN (Director Identification Number) for all the Designated Partners
  • DSC (Digital Signature Certificate) for all the Designated Partners
  • If a body corporate is a Partner, it has to nominate a natural person as its Nominee
  • There is no concept of share capital, but each Partner has to contribute towards capital of LLP

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You need to arrange very simple documents of director like photograph, Pan card and one address proof. For more details, please fill the above details 

ROC is a Government office with whom companies get registered. Every State has one ROC office except Maharashtra and Tamilnadu where there are two ROC offices. In Maharashtra companies are registered with Mumbai & Pune ROC. In Tamilnadu companies are incorporated at Chennai and Coimbatore ROCs. In all other States like Delhi there is only one ROC office, like at Bangalore, Hyderabad and so on.

Director Identification Number (DIN) is a unique identification number required for a person to become Partner of LLP. DIN is issued by ROC office (Ministry of Corporate Affairs) It is similar to a PAN Card number.DIN is to be mentioned in documents while appointing a person as a Partner of an LLP.

A digital signature is electronic signature, which is in the form of codes. It is used for signing the electronic forms, filed with ROC for formation of LLP. Digital Signature cannot be used in physical documents.

LLP Agreement is byelaws or rules based on which important matters like main business of the LLP, capital or meetings is decided. This is a standard legal document prepared by Company Secretaries during registration of LLP.

No, commercial office space is not required. You can show your own residential or rented home address as the registered office address of LLP. This office address can be changed at any time after incorporation of LLP. Once your startup is set up, stable and ready to move on to a nice corporate space you can change the registered office address by informing to the ROC office.

No. Startupwala provides complete online LLP Incorporation process. All legal documentation and visits are done by Startupwala.

No. Once the LLP is formed, it will be valid till it is officially closed down by the owners. No renewal or fees is required. However, every year LLPs have to file very basic returns with ROC office.

Yes, LLP office address can be changed anytime after incorporation.