Limited Liability Partnership

Register your new startup as Limited Liability Partnership (LLP) with 2 DIN, Name Approval, COI, Drafting of LLP Agreement, PAN, TAN & Bank A/c opening support.

Get Started @ ₹2,999/-

Limited Liability Partnership Registration

What is LLP?

Limited Liability Partnership (LLP) Registration as the name suggests defines limited liability to its partners. Thus it has features of both, a corporation and a partnership. One partner is responsible for only his own actions and not the actions of his partner. LLPs are governed by Limited Liability Partnership Act(LLP Act), 2008.

Limited Liability Partnership (LLP) in India took shape after January 2009, making it an instant success with startups and professional services.

It has got limited liability to the partners. In case of LLP, there are two partners involved, where there is no minimum limit of capital investment and one must be resident of India, i.e., he must be staying or have stayed for 182 days in India. LLP is often done for the small type of businesses in India. However, a LLP due to its nature does not allow to issue equity shares, thus it cannot raise money from the general public. One can register a LLP through us in a very less time.

Documents Required

for Registration of LLP

Checklist for LLP Registration

Advantages of a Limited Liability Partnership

Process & Time Line for Partnership Firm Registration

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Frequently Asked Questions

Q: What is the eligibility of designated partners/partners in an LLP?

Ans: Any individual, or even a company or an LLP, can become a partner. However, only an individual can become a ‘designated partner’ in an LLP.

Q: What is an LLP agreement?

Ans: An LLP agreement is made between the partners and the LLP regarding the relationship between the individual partners in the LLP. An LLP agreement usually consists of management policies, the inclusion of new partners, policy-making strategies, and so on.

Q: What kind of start-ups commonly register LLPs?

Ans: Typically, only start-ups that will not be looking for venture capital funding register LLPs. This is because venture capitalists only invest in private and public limited companies.

Q: I am an NRI. Can I start an LLP business in India?

Ans: Yes, non-resident Indians and foreign nationals who are willing to enter into an LLP partnership can do so, provided they submit the necessary documents after getting them notarized by the concerned authorities. Although, at least one of the designated partners in an LLP should be an Indian national.

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