LLP Registration

Limited Liability Partnership (LLP), introduced only in 2008, has quickly become a popular legal structure for businesses. Its main improvement over the General Partnership is that, as the name indicates, it limits the liabilities of its partners to their contributions to the business and also offers each partner protection from the negligence, misdeeds or incompetence of the other partners.

Price starts from ₹ 7299  *(ALL INCLUSIVE)*

Timeline - 10 to 15 Working days
No Hidden Cost

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LLP is an organization which combines the advantages of both a company and a partnership firm. It gives the partners the freedom of a partnership firm as well as the limited liability feature of a company so that the fault of one partner need not be borne by others. LLPs are governed by Limited Liability Partnership Act,2008.


No requirement of compulsory Audit

Limited Liability partnership are not required to audit the accounts. Any other company (Public, Private) are mandated to get their accounts audited by the auditing firm. LLP is required to audit their account only when crosses the turnover as prescribed.

No minimum capital requirement

Limited Liability Partnership can be started with the minimum amount of capital money. Capital may be in the form of tangible, movable asset like Land, machinery or intangible form.

Less compliance level

There is no need to maintain any statutory records except books of accounts. Less government intervention and less compliance level are enforced on an LLP as compared to the restrictions enforced on other business entities.

Lower Registration Cost

The cost of registration of Limited Liability Partnership is low as compared to any other company (Public or Private).

Dividend Distribution Tax (DDT) not applicable

If the partners of Limited Liability partnership withdraw profits from the company, an additional tax liability in the form of DDT is not payable by partners.

Easy Transferability

Being a separate legal entity, it’s easy to transfer the ownership of the LLP to another person by admitting them as a partner of the LLP.

Partners cannot be used

Partners are not liable to be sued in the name of LLP, as a juristic legal person LLP can sue in its own name.

No limit on owners of business

Limited Liability partnership may have partners varying from 2 to many. There is no limit for partners in Limited Liability partnership. An LLP requires a minimum 2 partners while there is no limit on the maximum number of partners in contrast to a private company wherein there is a restriction of not having more than 200 members.