Company Formation → Limited Liability Partnership (LLP) (Online Service) (Online Service)
Overview
Your personal property is shielded from business risks
Low Compliance Cost
LLPs have significantly fewer regulatory filings compared to Private Limited companies. There is no mandatory audit until your turnover exceeds ₹40 Lakhs or contribution exceeds ₹25 Lakhs.
Tax Efficiency
Profits are taxed at the LLP level, and the distribution of profits to partners is generally exempt from further tax in their hands, avoiding double taxation.
The Limited Liability Partnership (LLP) Registration Process
DSC & DPIN
We obtain Digital Signature Certificates and Designated Partner Identification Numbers for the founders
Name Reservation (RUN-LLP)
We help you choose a unique name and get it approved by the Ministry of Corporate Affairs (MCA).
FiLLiP Form Submission
Filing the integrated "Form for Incorporation of Limited Liability Partnership" for the Certificate of Incorporation.
LLP Agreement (Form 3)
Within 30 days of incorporation, we draft and file the LLP Agreement, which defines the roles, profit-sharing, and rights of the partners.
Exclusive Frequently Asked Questions (FAQs)
While LLPs are great for bootstrapped startups, they are generally not preferred by VCs because they cannot issue "shares." If you plan to raise institutional funding soon, a Private Limited Company is the better choice.
No. An audit by a Chartered Accountant is only mandatory if the LLP’s annual turnover exceeds ₹40 Lakhs or its capital contribution exceeds ₹25 Lakhs.
Yes. A body corporate (Company or another LLP) can become a partner in an LLP through its authorized nominee.
Yes. The LLP Act allows for the conversion of partnership firms and even private companies into an LLP to take advantage of limited liability and lower compliance.
Our Deliverables
Statement of Work (SOW) Annexure (for specific project details).
Standard Terms & Conditions for your website/proposals.
Affordable, confidential, and instant solutions for all your legal worries.
