LLP is a corporate business form that enables entrepreneur to combine and operate in flexible, innovative and efficient manner. It provides benefits of limited liability while allowing its members the flexibility for organizing their internal structure as a Partnership.

The LLP shall be a body corporate and a legal entity separate from its partners. Any two or more persons, associated for carrying on a lawful business with a view to profit, may by subscribing their names to an incorporation document and filing the same with the Registrar, form a Limited Liability Partnership.

Owing to flexibility in its structure and operation, it would be useful for small and medium enterprises, in general, and for the enterprises in services sector, in particular. 

Consult us now for availing our legitimate LLP Registration Services


Separate Legal Entity

In the eyes of law, LLP is a separate legal entity and can own property and also incur debts.

Limited Liability

The partners' personal property is always safe in LLP, no matter the debts of the business.

Low Tax Burden

For income tax purpose, LLP is treated at par with partnership firms. Thus, LLP pays tax on profit and profit share to its partners is exempted from tax.

Relaxation in Audit

A LLP does not require to get its account audited in case the turnover is less than Rs. 40 lakhs and capital contribution is less than Rs. 25 lakhs.

Lesser Compliance

LLP gets freedom from complying with many requirements as normally applicable to Companies.

Perpetual Succession

LLP remains in existence until it is legally wound up.

Documents Required

  • Copy of

    PAN Card of partners

  • Passport size

    photograph of partners

  • Copy of

    Aadhaar/Voter card

  • Copy of

    Rent Agreement (If rented property)

  • Copy of

    Electricity/ Water Bill (Business Place)

  • Copy of

    Property papers (If owned property)

  • Landlord NOC

    (Format will be provided)

Minimum Requirement

  • Partners

    Minimum Two (2)

  • Capital

    No Miminum Requirement

  • Designated Partner

    At least one as Indian Resident

  • DPIN for

    All Designated Partners

Registration Process

  • 6
    Submission of LLP Agreement
    5 to 7 days
  • 5
    Incorporation Certificate
    3 to 5 Days
  • 4
    Name Reservation
    2 to 3 days
  • 3
    Obtain DSC and DIN
    4 to 5 days
  • 2
    Verification of Information
    2 to 3 days
  • 1
    Collation of Information

You will get

  • DPIN

    For 2 Partners

  • Digital Signature

    For 2 Partners

  • Search & Approval

    For Name

  • Agreement

    For LLP

  • Registration Fees of


  • Pan Card of


Limited Liability Partnership is a partnership in which all the partners have limited liability and enjoys all the features of a Partnership firm and a Company.

Any individual or company or LLP can become a partner including NRl and foreigner. However, only an individual can become a designated partner in an LLP.

Yes, NRIs and Foreign nationals can  become  partners/designated partner in a LLP. They need to acquire DIN/DPIN. However, at least one of the designated partners in an LLP should be an Indian national. 

At least two partners are required for LLP . There is no restriction on maximum number.

Designated partners are responsible for fulfilling all the essential requirements involved in starting and running an LLP and at least two designated partners are required for an LLP.

LLP agreement is an agreement made between the partners regarding the relationship between the individual partners in the LLP. It generally consists of management policies, admission new partners, rights and obligation of partners, policy making strategies, and so on.

No, you needn’t to be available in person, LLP incorporation process is online. A scanned copy of documents can be sent to us via mail, and we will handle the rest.

Yes, LLP needs to comply with annual filling with ROC each year. In case LLP’s turnover is more than Rs. 40 lakh or Capital contribution is more than 25 lakh, then LLP needs to get accounts audited.

No, LLP is not a good form to raise funds from Private investors. Investors generally prefer  to invest in a company.

True Startup charges very competitive LLP Registration cost which is INR 7,899.

Compare Your Options

  • Recommended For
  • Limited Liability
  • Accommodate Investment
  • Perpetual Succession
  • Statutory Compliances
  • Tax Advantages
  • Incorporation Document
  • Transferability of Ownership
  • Interest on Capital Contribution
  • Ownership of Assets
  • Maintenance of Accounts and Audit

Limited Liabilty Partnership

  • Professional services
  • Yes
  • Possible, but unlikely
  • Yes
  • Low
  • Most efficient
  • LLP Agreement
  • Possible
  • Allowed
  • Yes
  • Based on Turnover or Capital contribution

One Person Company

  • Solo promoters
  • Yes
  • Possible, but severely unlikely
  • Yes
  • High
  • Few
  • MOA & AOA
  • Possible, but unlikely
  • Not allowed
  • Yes
  • Compulsory
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Private Limited Company

  • Start-ups and growing entities
  • Yes
  • Easy to accommodate
  • Yes
  • High
  • Few
  • MOA & AOA
  • Easy to transfer
  • Not allowed
  • Yes
  • Compulsory
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Public Limited Company

  • Medium to large scale entities
  • Yes
  • Easiest to accommodate
  • Yes
  • Very High
  • Few
  • MOA & AOA
  • Easiest to transfer
  • Not allowed
  • Yes
  • Compulsory
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Partnership Firm

  • Small to medium scale entities
  • No
  • Almost impossible
  • No
  • Minimal
  • Minimal
  • Partnership Deed
  • Not Transferable
  • Allowed
  • Partners have joint ownership
  • Based on Turnover
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