Limited Liability Partnership Registration

Ideal for start-ups going for funding & growing business

Starting At Rs. 9,999

SAVE 20% COST..!!!

(Takes 10-20 days)

LLP Registration

What is Limited Liability Partnership?

A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore can exhibit elements of partnerships and corporations. In a LLP, each partner is not responsible or liable for another partner's misconduct or negligence. This is an important difference from the traditional partnership under the UK Partnership Act 1890, in which each partner has joint and several liability.

GST Registration Image

Limited liability partnerships are distinct from limited partnerships in some countries, which may allow all LLP partners to have limited liability, while a limited partnership may require at least one unlimited partner and allow others to assume the role of a passive and limited liability investor. As a result, in these countries, the LLP is more suited for businesses in which all investors wish to take an active role in management.

Documents Required For LLP Registration

  • Copy of PAN Card of Partners
  • Passport size photograph of Partners
  • Copy of Aadhaar Card/ Voter identity card of Partners
  • Electricity/ Water bill (Business Place)
  • Copy of Rent agreement (If rented property)
  • Copy of Property papers(If owned property)
  • Landlord NOC (Format will be provided)

Advantages Of Private Limited Company?

There are multiple reasons to choose private limited company :

  • Preferred by banks, VCs & investors.
  • Easy to allocate and redistribute shares to investors or other directors.
  • Separate legal entity which limits your liability.
  • Offers the flexibility of a partnership firm and the advantages of a Public Ltd Company.
  • Easy to register, manage & run.
  • Easy to dissolve or wind-up.

5 Steps For Company Registration

    1. Application of DSC & DPIN :

    First of all, the partners have to apply for Digital signature and DPIN. Digital signature is an online signature used for filing and DPIN refer to Directors PIN number issued by MCA. If the directors already have DSC and DPIN, then this step can be skipped.

    2. Name approval :

    You need to provide 3 different options for your company name to MCA of which one will be selected. Names provided should ideally be unique and suggestive of company business.

    3. MOA & AOA submission :

    Once name is approved, one needs to draft Memorandum of association and Articles of Associate. Both MOA and AOA are filed with the MCA with the subscription statement and

    4. Get incorporation certificate, PAN & TAN :

    It typically takes 15- 25 days to form a Private limited company and get the incorporation certificate. Incorporation certification is a proof that company has been created. It also includes your CIN number. PAN and TAN are received in 7 working days. Post this,

    5. Apply for Bank Account :

    you can submit the Incorporation certificate, MOA, AOA and PAN with a bank to open your bank account.

Minimum Requirements For Company Registration

  • Minimum 2 Shareholders
  • Minimum 2 Directors are required
  • Minimum 1 Lac Share Capital
  • DPIN for all the Directors
  • Atleast one Designated partner should be an Indian Resident

Factors To Consider In Company Name Selection

The name of your company is very important. It is the first impression to your buyers, suppliers and stakeholders. It should, therefore, be relevant, suggestive and attractive. There are various factors that you should keep in mind while naming for your company.

Frequently Asked Questions

Yes, you need a minimum of two directors for a private limited company. The maximum members can be 200. If you are the sole owner, you can register as a One Person Company.