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Get Your LLP Registered Fast, Anywhere in India
“Start your LLP registration online at affordable prices with Online Legal India. Simple steps and minimal paperwork. Set up your Limited Liability Partnership today!”
Checklist of Documents for Starting an LLP
“Two passport-sized photos of each promoter, individual, company representative, or director
PAN card copy of every shareholder and director
Valid ID proof such as Voter ID, Driving License, or Passport
Proof of address such as a bank statement or utility bill (electricity, mobile, or telephone)
Document confirming the address of the registered office
Provide a current utility bill as address proof
Our Working Method
Complete the registration form and submit your payment
Our expert will contact you and collect all the required documents
We will generate the Digital Signature Certificate (DSC) and Director Identification Number (DIN)
Prepare and submit the LLP agreement
Your documents will be processed and submitted to the Registrar of Companies (ROC)
Congrats! Your company is now registered. The certificates will be mailed to you
Key advantages of a Limited Liability Partnership
Separate legal identity
LLPs are considered independent legal entities, meaning that the partners and the LLP are distinct and separate under the law
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Securing financing for small businesses like sole proprietorships or partnerships can be challenging. However, an LLP, being a regulated entity similar to a company, can attract funding from private equity investors, financial institutions, and other sources
No obligation for mandatory auditing
In an LLP, an audit by a chartered accountant is only required annually if the business’s annual turnover or contribution exceeds Rs 40 Lacs (for businesses) or Rs 25 Lacs (for other cases)
Tax exemptions
LLPs are not obligated to pay a surcharge on income tax and are not taxed on the profits distributed to partners. In contrast, companies must pay dividend tax on the amounts distributed to their shareholders
Simple transfer of ownership
Transferring ownership is simplified according to the terms outlined in the LLP agreement, allowing for the departure of old partners and the introduction of new ones
Ongoing continuity
An incorporated LLP enjoys perpetual existence. Regardless of any changes in its partners, the LLP remains the same entity, retaining all its rights, privileges, and assets