Limited Liability Partnership (LLP) Registration?
A Limited Liability Partnership (LLP) is a unique business structure that combines the flexibility of a partnership with the benefits of limited liability. It allows partners to operate with reduced personal risk while enjoying operational freedom. LLPs are preferred by startups, professionals, and small businesses due to their easy compliance and minimal legal formalities.
How LLP Registration Works in Three Steps
Lower Compliance Requirement
Partners' Liabilities are Limited
Separate Legal Existence
Step-wise LLP Registration Process in India
Step 1: Obtain Digital Signature Certificate (DSC)
Step 2: Name Reservation (RUN-LLP Application)
Ftep 3: File Incorporation Form (FiLLiP)
Step 4: Obtain Certificate of Incorporation (COI)
Step 5: Apply for PAN & TAN
Step 6: Draft & File LLP Agreement
Step 7: Open a Business Bank Account
Step 8: GST Registration (if applicable)
Step 9: Compliance & Annual Filings
Benefits of LLP Registration
Limited Liability Protection
Partners are not personally liable for business debts.
Separate Legal Entity
LLP has its own identity, distinct from its partners.
Lower Compliance Requirements
Fewer legal obligations compared to private limited companies.
Perpetual Existence
The company continues to exist even if shareholders or directors change.
Flexibility in Management
No strict regulations on board meetings or resolutions.
Tax Benefits
LLPs are not subject to dividend distribution tax.
Ease of Ownership Transfer
Ownership can be transferred by changing partners.
Documents Required for LLP Registration
- PAN card of partners
- Aadhaar card or any government-issued ID proof
- Passport-size photographs of partners
- Address proof of business location (utility bill, rent agreement, or NOC from the owner)
- Digital Signature Certificate (DSC) of partners
- LLP Agreement
Why Choose ASCESA?
- Expert Guidance: Our experienced professionals handle the entire registration process smoothly.
- Quick Turnaround: We ensure timely registration with minimal hassle.
- Affordable Pricing: Get the best services at competitive rates.
- End-to-End Support: From documentation to post-registration compliance, we’ve got you covered.
- Transparent Process: No hidden charges, complete clarity in services.
