Apply for LLP Registration Online at lowest fees in India by startactindia. Easy Process and Documentation. Register for Limited Liability Partnership Now!
*Once you are Ready to Setup your Dream Company, you’ll receive Rs 999 adjustment from your selected package from us
LLP states Limited Liability Partnership and it is governed by the Limited Liability Partnership Act, 2008. 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.
The biggest advantage of LLP form of business over a Pvt Ltd Company is in the fact that there is less compliance requirement in comparison to a Company.
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*Once you are Ready to Setup your Dream Company, you’ll receive Rs 999 adjustment from your selected package from us
999
5499
14999
24999
* Excluding DSC and Govt. Fees
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| Private Limited Company | One Person Company | Limited Liability Partnership | Partnership Firm | Proprietorship Firm | |
| Act | Companies Act, 2013 | Companies Act, 2013 | Limited Liability Partnership Act, 2008 | Indian Partnership Act, 1932 | No specified Act |
| Registration Requirement | Mandatory | Mandatory | Mandatory | Optional | No |
| Number of members | 2 – 200 | Only 1 | 2 – Unlimited | 2 – 50 | Only 1 |
| Separate Legal Entity | Yes | Yes | Yes | No | No |
| Liability Protection | Limited | Limited | Limited | Unlimited | Unlimited |
| Statutory Audit | Mandatory | Mandatory | Dependent | Not mandatory | Not mandatory |
| Ownership Transfer ability | Yes | No | Yes | No | No |
| Uninterrupted Existence | Yes | Yes | Yes | No | No |
| Foreign Participation | Allowed | Not Allowed | Allowed | Not Allowed | Not Allowed |
| Tax Rates | Moderate | Moderate | High | High | Low |
| Statutory Compliance | High | Moderate | Moderate | Less | Less |
Fill our Registration Form & Make the Payment
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Expert Will Call You & Receive All the Necessary Documents.
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Will Create DSC & the DIN Number of Director
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LLP Deed Drafting & Submit
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Your Documents will be Filed & Submitted to the ROC
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Congratulations! You've registered your company.Certificates will be sent by post.
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LLPs are treated as separate legal entities so the partners and LLP are distinct from each other in the eyes of the law.
Financing a small business like a sole proprietorship or partnership can be difficult at times. An LLP being a regulated entity like a company can attract finance from PE Investors, financial institutions, etc.
In LLP, only in the case of business, where the annual turnover/contribution exceeds Rs 40 Lacs/Rs 25 Lacs are required to get their account audited annually by a chartered accountant.
LLP is not required to pay the surcharge on income tax. Moreover, it is also not required to pay tax on profits distributed to partners whereas Company is required to pay dividend tax distributed to its shareholders.
It is easier to transfer the ownership in accordance with the terms of the LLP Agreement. Ceasing of old partners and coming of new partners
An incorporated LLP has perpetual succession. Notwithstanding any changes in the partners of the LLP, the LLP will be the same entity with the same privileges, immunities, estates, and possessions.
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The Limited Liability Partnership (LLP) registration in India is overseen by the provisions of the Limited Liability Partnership Act, 2008 with the guidelines of the Ministry of Corporate Affairs (MCA).