Documents for LLP Partnership Registration
Passport Size Photo
Two Colour Photographs of Promoters/Individuals/ Company/ Director
PAN Card
PAN Card of each Shareholders and directors
Identity Proof
Identity Proof (Voter ID / Driving License/ Passport)
Address Proof
Address Proof (Bank Statement / Electricity, Mobile, Telephone Bill)
Registered Office
Proof of Registered Office
Utility Bill
Utility Bill as proof must be Latest
Select Packages
Consultation Fee
Professional guidance from experts
- Complete guide for registration (Process, Required Documents, Benefits and Tax etc.)
Basic
- Registering a LLP with Ministry of Corporate affairs
- LLPIN
- PAN
- TAN
- MCA processing
- FILIP
- Allotment of 2 DPIN
- Allotment of 2 DPIN and GST registration
Smart
- Registering a LLP with Ministry of Corporate affairs
- LLPIN
- PAN
- TAN
- MCA processing
- FILIP
- Allotment of 2 DPIN
- GST registration
- Income tax return filing
- Form 11 (Annual return of LLP)
- Form 8 (Statement of Accounts) and DIR-3 eKYC of Directors
Mega
- Registering a LLP with Ministry of Corporate affairs
- LLPIN
- PAN
- TAN
- MCA processing
- FILIP
- Allotment of 2 DPIN
- GST registration
- Trademark application
- Income tax return filing
- Form 11 (Annual return of LLP)
- Form 8 (Statement of Accounts)
- DIR-3 eKYC of Directors
- 12 months filing of GST return and DIR-3 eKYC of Directors
* Excluding DSC and Govt. Fees
Comparison
| Feature | 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 |
How we work?
Fill our Registration Form & Make the Payment
Expert Will Call You & Receive All the Necessary Documents.
Will Create DSC & the DIN Number of Director
LLP Deed Drafting & Submit
Your Documents will be Filed & Submitted to the ROC
Congratulations! You've registered your company.
Certificates will be sent by post.
Advantages of LLP
Distinct Legal Recognition
LLPs are treated as separate legal entities so the partners and LLP are distinct from each other in the eyes of the law.
Raising Capital / Money
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.
No Mandatory Audit Requirement
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.
Taxation Relief
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.
Easy Transferable ownership
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
Perpetual Succession
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.