LLP Registration

Overview

A company's liability protection, a partnership's flexibility

A Limited Liability Partnership combines the operational flexibility of a partnership with the limited liability protection of a company — each partner's liability is limited to their agreed contribution. Registration happens through the MCA via the FiLLiP form, requiring designated partners with DSC and DIN, and an LLP agreement governing internal operations. There's no mandatory audit below a turnover threshold and no minimum capital requirement, making it significantly lighter on compliance than a private limited company.

Limited liability, unlike a partnership

Partners aren't personally on the hook for the LLP's debts beyond their agreed contribution — a meaningful upgrade from an ordinary partnership firm.

Lower compliance and cost than a company

No mandatory audit below the turnover threshold, no board meetings, and far fewer annual ROC filings than a private limited company.

Flexible management, no minimum capital

The LLP agreement lets partners structure profit-sharing and decision-making however suits them, with no minimum capital contribution required to incorporate.

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See your estimated tax in seconds

A quick estimate to get you started — for a precise number tailored to your situation, book a consultation

Tax regime

Annual income (₹)

₹

₹0₹25L₹50L+

Estimated tax payable

₹ 97,500

Effective rate 6.5% · new regime on ₹15,00,000

Taxable income₹ 14,25,000

Tax as per slabs₹ 93,750

Health & education cess (4%)+₹ 3,750

The New Regime saves you ₹ 1,59,900 compared to the Old Regime.

Illustrative estimate for FY 2025-26 — assumes salaried income eligible for the standard deduction, and includes the Section 87A rebate and 4% cess. Surcharge is applied at a flat rate without its own marginal relief. Does not account for other deductions or individual circumstances. Book a consultation for an exact figure.

Simple, from start to finish

How it works

Book a consultation

We discuss partner roles, capital contribution, and profit-sharing before drafting anything.

Obtain DSC/DIN & draft the LLP agreement

Digital signatures and DIN are secured for designated partners while the LLP agreement is drafted around your arrangement.

File incorporation with the MCA

The FiLLiP form is filed along with the LLP agreement, name reservation, and supporting documents.

Certificate of Incorporation issued

You receive the Certificate of Incorporation and filed LLP agreement, plus guidance on your first compliance deadlines.

Typically 10–15 days depending on MCA name approval and processing

Questions

Frequently asked

01How is an LLP different from a partnership firm and a Pvt Ltd company?

An LLP sits between the two — it gives partners limited liability like a company, but with lighter compliance and no separation of ownership from management like a partnership. A private limited company suits businesses planning to raise equity funding; an LLP suits those that don't.

02How many partners and how much capital do I need?

A minimum of two designated partners is required, with no cap on the maximum, and there's no minimum capital contribution mandated by law — you contribute whatever amount is agreed in the LLP agreement.

03What compliance is required after registration?

LLPs must file Form 11 (annual return) and Form 8 (statement of accounts) with the MCA each year, and a tax audit only applies once turnover crosses the prescribed threshold — considerably lighter than a company's compliance calendar.

04Can an LLP raise funding or convert to a Pvt Ltd company later?

LLPs can't issue equity shares, which makes them less suited to raising VC funding — most investors require a private limited company. An LLP can convert to a Pvt Ltd company later if that need arises.

05Why book a consultation instead of registering myself?

The LLP agreement is where most of the real protection lives — badly worded clauses around profit-sharing or partner exit cause disputes later. We also make sure the FiLLiP filing is complete the first time; rejected filings due to name or document mismatches are common and cost weeks.

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