Limited Liability Partnership (LLP)

LLP Firm Registration

Combine the benefits of a partnership with limited liability. Ideal for professionals, service businesses, and small enterprises.

Limited Liability

Partners are not personally liable for the firm's debts, offering great protection.

Flexible Structure

Easy to manage with fewer formalities compared to a full company structure.

Low Compliance

Enjoy corporate status with significantly lower annual compliance burden.

Benefits of LLP Registration

Why professionals choose LLP over other structures.

Limited Liability

Partners' personal assets are protected from business liabilities

Lower Compliance

Only 2 annual filings required, much simpler than a Pvt Ltd Company

Flexible Operations

Managed as per LLP Agreement with no mandatory board meetings

No Audit Required

No mandatory audit if turnover is less than ₹40 lakhs

Perpetual Succession

LLP continues to exist regardless of changes in partners

Professional Image

More credible and trusted than a traditional partnership firm

Who Should Choose This?

LLP is the preferred choice for Service businesses and Professionals who want liability protection.

  • Professionals like CAs, lawyers, architects
  • Service-based businesses and agencies
  • Small and medium enterprises (SMEs)
  • Startups not planning for VC funding
  • Family businesses wanting formal structure
  • Businesses wanting lower compliance burden

Documents Required

PAN Card - All Partners
Aadhaar Card - All Partners
Passport Size Photos
Address Proof - Partners
Business Address Proof
Digital Signature (DSC)
Registration Timeline
10-15 Working Days

Our Registration Process

Comprehensive support from name approval to final incorporation.

1
Step 1
DSC & DPIN

Obtain Digital Signature and Designated Partner ID Number

2
Step 2
Name Reservation

Apply for unique name approval with Registrar of Companies (RoC)

3
Step 3
File FiLLiP Form

Submit incorporation form along with LLP Agreement

4
Step 4
Incorporation

Receive Certificate of Incorporation (COI) with LLPIN

5
Step 5
Post-Compliance

Apply for PAN, TAN, and open a current bank account

Fees

Varies based on contribution and state of registration.

₹10,000 - 12,000(approx)

LLP Annual Compliance

LLPs have significantly lower compliance burden than companies, but timely filing is crucial to avoid heavy penalties.

Time-Bound Filings

  • Form 11 (Annual Return) - Within 60 days of Financial Year end (By 30th May)
  • Form 8 (Account & Solvency) - Within 30 days of 6 months of FY end (By 30th Oct)
  • Income Tax Return - By 31st July (for non-audit cases)
  • GST Returns - Monthly/Quarterly (if registered)
  • KYC of Designated Partners - Annual requirement

Key Reliefs & Events

  • No requirement to hold Annual General Meeting (AGM)
  • No mandatory Board Meetings required
  • Audit Exempt: If Turnover < ₹40 Lakhs AND Contribution < ₹25 Lakhs
  • Change in Partners Filings (Form 3, Form 4)
  • Agreement Change Filings (Form 3)

Simple Maintenance

With just two major annual forms and no AGM requirement, LLP remains the most cost-effective corporate structure for small businesses.

Start Your LLP Today

Get the perfect blend of limited liability and operational flexibility. We handle everything from agreement drafting to final registration and compliance setup.

Call Us
+91 1145768153
+91 8076856909
Email Us
contact.comtaxconsultants@gmail.com
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