setindiabiz

LLP Registration in India

All Inclusive Price @ Rs. 6,699 | In 2 - 7 Days

Register your LLP in 2-7 working days anywhere in India. Our dedicated team of professionals will help you to register your LLP with online documentation and simplified process of making an application with the ROC.

Explore Pricing in Detail Schedule Free Consultation
  • We hate spam as much as you do.
  • No Data Sharing. 100% Confidentiality

LLP Registration

Well, to register an LLP in India, first check eligibility and required documents, then understand the detailed step-wise procedure which is followed for registration of Limited Liability Partnership. LLP is an alternative corporate business form that gives the benefits of limited liability as present in a company and the flexibility of a partnership business; In other words, it offers advantages of both worlds by bringing simplicity in management akin to partnership firms and scope of expansion like that of a company. 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.

LLP Registration

Basic Requirement to Register a LLP

Minimum Two Person

A Limited Liability Partnership (LLP) can be registered in India, by at least two persons, who shall act as the designated partners of the LLP. There is no cap on the maximum number of partners in an LLP form of business.

Resident Partner

One designated partner of the LLP must be resident in India. A person is said to be resident if he or she stays in India for at least 182 days during the preceding financial year irrespective of their citizenship. The days of stay can be in phases.

No Minimum Capital

The LLP can be incorporated with any amount of capital as per your business requirements, there is no maximum limit on the capital which can be invested in the LLP. However, the minimum capital can not be less than Rs. 10,000/-

Unique Name of LLP

The proposed name of an LLP should not resemble any existing company or LLP Name. Further you must check the trademark registry to ensure that the name does not match with any registered or applied trademark in India.

LLP Registration @ Rs. 6,699/-All Inclusive Fee | Incudes all Government Fee and Taxes | No Hidden Charges
  • Digital Signature for Two Partners
  • DIN for Two Partners
  • Name approval of the LLP
  • Certificate of Incorporation of LLP
  • LLP Agreement Drafting & Filing
  • PAN & TAN Number for the LLP
  • Bank Account Opening Support
  • Rates For Delhi, Mumbai, Banglore and Hyderabad
  • For Other Cities Additional Charges Applies
  • For Capital up to Rs. 10 Thousands & 2 Partners
  • For Additional Partner Addition @ Rs. 1999
  • Call Us at : +91-9899600605
  • Unlimited Consultation with Startup Expert
  • 14+ Years of Experience | 38000+ Clients

Smooth Service Delivery by Setindiabiz

Order Online

1

Order Online
Request Quote

Documentation

4

We would draft documents for filing

5

We Deliver the Service
Fast & Smoothly

List of Documents For LLP Registration

Documents of Designated Partners

  1. Two Colour Photographs of Each Partner
  2. PAN Card of Each Partner
  3. Identity Proof (Voter ID / Driving License/ Passport)
  4. Address Proof (Bank Statement / Electricity, Mobile, Telephone Bill)

Registered Address Related Documents

  1. Proof of Registered Office
  2. Utility Bill as Proof of Registered Address
  3. NOC from the owner of the premises
  4. Completely Filled Questionnaire
  • Process & Timeline for Starting LLP in India
  • Day - 1

    Documentation

    The process starts with documentation of the proposed designated partners/partners and relating to the registered address of the LLP. Ensure that the documents are updated and correct. The list of documents required is provided above for your reference. We shall request the necessary information for LLP Registration in the Questionnaire. Limited Liability Partnership

  • Day - 1

    Selection of Name

    The Name of the LLP should be cross-checked with the ROC and the trademark registry to avoid any infringement of someone else Trademark or Other Company /LLP Name. The selection of a proper name should be the starting point, Learn the Guideline for Name Approval of the LLP.

  • Day - 1

    Partners DSC for LLP Incorporation

    DSC is equivalent to the physical or paper signature under the information technology act. For registration of LLP, all the applications to ROC are filed in digital format signed by designated partners of the LLP. The filing process starts with the issue of a digital signature for all the partners of the LLP.

  • Day - 2-5

    Name Approval for LLP Registration

    The application for the Name approval of LLP is submitted in FormForm RUN-LLP. It is a web-based application, where two names in order of preference can be filed with a note on the significance of the Name and the business activities.

  • Day - 5

    ROC Filing for LLP Incorporation

    The application of LLP Registration is filed in FILIP Form immediately after name approval. The partners KYC documents and proof of the registered address are submitted along with the application form. The FormForm, FILIP, is attested by a practicing Chartered Accountant, Company Secretary, Cost Accountant, or an Advocate practicing at High Court. The government filing fee for LLP Registration depends on the proposed capital/contribution of the LLP.

  • Day - 7

    Registration of LLP with ROC

    The final stage for the LLP registration is the Issue of Certificate of Incorporation for the LLP after the verification of the application for LLP Registration is filed in FormForm FILIP. The issuance of the registration certificate of LLP is the conclusive proof of the registration of the LLP by ROC.

  • Day - 8

    Drafting of LLP Agreement and Filing to ROC

    Post-registration of the LLP, the partners need to enter into a valid agreement on stamp paper of appropriate value as per respective state. The LLP agreement defines the mutual rights and duties of the partners, and the signature on the LLP Agreement should be done before a notary public. The duly signed LLP agreement is then filed with ROC in Form -3 within 30 days of the LLP Incorporation.

  • Day - 8

    PAN Card & TAN Number for the LLP

    The LLP needs to make an application in the prescribed Form 49A to the income tax department for the allotment of PAN, The acknowledgment of pan application for the LLP is received within the same day. However, the pan is allotted within a week. TAN number is a permanent number assigned to business for complying with the provisions of withholding tax (TDS). You are required to deduct TDS while making payments; hence, the next step is to obtain a TAN number, which is mandatory to submit TDS Returns.

Frequently Asked Questions

What kind of Business Can be Done in LLP Form of Business?

Section 2(e) of the LLP Act, Specifically defines the word "Business" which says [ Business includes every trade, profession, service and occupation ] The definition specifically exclude Manufacturing, Production etc. hence you are advised to pursue only those activities which are not in the nature of Manufacture or Production as such.

What is the difference between LLP and Other Forms of Business?

We have prepared a detailed and easy to understand comparative table showing availability of features and advantages of one form of business to that of others. The same can be found at the end of this page. Click here to go there. compare form of business

What documents are accepted as Identity Proof of Partners?

For incorporation of an LLP under The Limited Liability Partnership Act, 2009, anyone from below mentioned list of the document is acceptable as Identity Proof of the partner or designated partner of the proposed LLP.

  • Passport
  • Driving License
  • Voter ID Card

What documents are accepted as address proof of the partner?

A Limited Liability Partnership is incorporated with a physical address to be declared as the registered office of the newly registered LLP. Following are the list of the document which is acceptable as proof of premises where the registered office of the LLP is situated. The premises proof should not be older than two months.

  • Electricity Bill,
  • Gas Bill,
  • Telephone Bill,
  • Mobile Bill,
  • NOC from the Owner of Premises

What are the forms required to be signed by the partners of an LLP?

For LLP formation in India, following are the forms on which partners need to sign, All the forms/formats to be printed on plain A-4 size paper and signature should be preferable with a blue ink pen.

  • Consent of All Partner for LLP Incorporation
  • Subscriber Sheet for LLP Registration

Do I need to take a NOC from the owner of premises for registered address, What is the format of NOC?

Before an LLP occupies any premises as its registered address, a no objection certificate must be obtained from the owner of the premises. Similarly, at the time of filing for LLP registration, we need a NOC from the current owner of the premises along with proof of ownership as explained above.

  • Format of NOC limited liability partnership NOC Sample letter from the owner in PDF limited liability partnership registration NOC Sample letter from owner in Word

Can co-working office space/ shared office/ Virtual Office address be registered address of the LLP?

A registered office is required to be declared at the time of LLP incorporation and to be maintained by the LLP, which must be capable of receiving and acknowledging all communications and notices as may be addressed to it. Further, the statutory records of the LLP also need to be maintained at the registered address of the LLP. Hence having registered address at co-working space is not acceptable unless this is a lockable area.

What is the meaning of “Limited Liability” in LLP?

Limited Liability implies that the partners of the LLP are not personally liable to pay debts of the business. They are only responsible for the outstanding shares of the capital of the LLP.

What are the most significant characteristics of the corporate form of business?

Apart from the concept of Limited Liability as explained above an LLP have following significant features

  • The LLP will continue to exist, no matter how many partners, designated partners join or leave.
  • An LLP can Sue and be Sued in its name.
  • A legal entity like an LLP has a separate identity from its partners.
  • Like a person, an LLP can purchase, sell, own, possess, enjoy and transfer property rights to anyone in its name.

What is DSC?

The digital signature is an equivalent of physical or paper certificates in digital format. As the application For LLP Registration is filed online with Digital Signatures of the designated partners, hence the process starts with the issuance of the digital signature for all the designated partners. Photo, ID and Address proof is to be submitted along with Form for the issuance of DSC.

What is Directors Identification Number for LLP?

It is a permanent number issued by the registrar of companies, as a unique identification number to the designated partners of the LLP. No person can hold an office of the designated partner unless he is issued a DIN. For allotment of DIN, an application to MCA is made with Photo, Attested ID and Address proof duly attested by CA, CS or CMA

What is LLP Agreement?

The partners of the LLP bind themselves concerning their mutual rights and obligation, capital contribution ratio, profit sharing ratio in a document which is known as LLP Agreement. After incorporation of LLP, the partners need to execute the same and file a copy with the registrar of companies within 30 days of Incorporation, failing which a penalty of Rs. 100 day is imposed for each day of delay.

What is PAN, TAN and how the Bank A/c of the LLP is Opened?

The Income-tax Department allots a unique 10 Digit alphanumeric number as a permanent account number, also known as PAN Number. To comply with TDS provisions, every taxpayer needs to obtain a Tax Deduction Account Number. To open a Bank A/c, the LLP need to submit a prescribed application along with KYC of LLP and all its partners.

Compare Forms of Business

Check advantages and disadvantages of Common Business Entity Types

  • FEATURES
  • Private Limited Company
  • One Person Company
  • LLP
  • Partnership Firm
  • Proprietorship Firm
  • +
    Separate legal entity
    • A Company is a separate legal entity separate from its promoters
    • An OPC is a separate legal entity separate from its promoters
    • An LLP is a separate legal entity separate from its promoters
    • A Partnership is a legal entity but not different from partners
    • The proprietor and the proprietorship business is the same thing
  • +
    Limited Liability
    • Shareholders of a Company are bound to pay only up to the capital they have subscribed to the company.
    • In OPC, unlike a proprietorship, the shareholder cannot be asked to pay beyond his subscribed capital
    • The partners of an LLP can be called upon to pay only up to the amount of capital they subscribed to.
    • There is no protection of limited liability, even the personal properties of partners are at risk for losses of business
    • The proprietor is the whole sole of the business, and his liability to the debts or losses of proprietorship is unlimited.
  • +
    Number of members
    • A Company can be opened with at least two people. However, the maximum number cannot be more than 200
    • In the case of OPC, Only one person can be a shareholder. He would be required to appoint a nominee.
    • With two partners an LLP can be incorporated, there is no limit on the maximum number of partners
    • A Partnership firm can start with a minimum of two partners, the, however, the maximum number is capped at 20
    • Only one person is required for proprietorship, also known as proprietor.
  • 2 - 200
  • 1
  • 2 - unlimited
  • 2 - 20
  • 1
  • +
    Number of Directors /DP
    • A company can be opened with at least two and a maximum of 15 directors. The same person can be a shareholder as well as director
    • At least one person must be appointed as director of the company. The shareholder and director may be the same person
    • The minimum two designated partner is required in an LLP & there is no limit to the maximum number.
    • There is no separation of ownership and management in case of a partnership. All partners are equally responsible for the conduct of business.
    • In case of a proprietorship, the proprietor is solely responsible for the conduct of business.
  • 2-15
  • 1-15
  • 2 to unlimited
  • Not Applicable
  • Not Applicable
  • +
    Foreign Investment (FDI)
    • Foreign Direct Investment in case of a Private Limited Company is available under the automatic route.
    • FDI is not allowed in One Person Company
    • FDI in LLP Is permitted subject to prior approval from the central government
    • FDI is not allowed in Partnership Firm
    • FDI is not allowed in proprietorship Business.
  • +
    Ownership Transfer-ability
    • The shareholding of a Pvt Ltd Company is easily transferable
    • OPC Shares can be transferred to new shareholder along with the nominee
    • In LLP share of a partner can be transferred with the consent of all other partners.
    • Not Possible, every admission or removal of partner amounts to the new firm.
    • Not Applicable
  • +
    Perpetual Existence
    • A Company exists beyond the life of its owners /shareholder. After the death, the shares transmits to legal heirs
    • OPC Continues to exist even after the death of its only shareholder, as it passes to the nominee.
    • The LLP also have perpetual existence and exists beyond the life of the designated partner
    • No perpetual existence, with the death of a partner, the partnership ends.
    • No perpetual existence, with the death of the proprietor, it ends.
  • +
    Tax Benefits
    • The company tax rate is flat at 25% on its profits
    • The company tax rate is 25% on its profits
    • LLP Income Tax Rate is 30% on its profits
    • Partnership firms are taxed at 30% on its profits
    • For a small business with low turnover, there is the benefit of individual tax slabs
  • Effective
  • Effective
  • Low
  • Low
  • Good
  • +
    Statutory Compliance
    • The company is required to file an annual return, balance sheet to ROC and ITR around the month of September
    • OPC is required to file an annual return, balance sheet to ROC and ITR around the month of September
    • LLP have to file an annual return in form 11 and financial statement in Form 8 and ITR
    • Only ITR is to be filed
    • ITR is required to be filed if the taxable income is more than 2.5 Lac
  • High
  • High
  • Low
  • Minimum
  • Minimum
  • Registration Cost
  • 6,899/-
  • 6,299/-
  • 6,699/-
  • 5,999/-
  • 2,499/-

Videos on LLP

Trusted by Leading Companies

Lotte Korea
LEI
PEC
Zopper
Windlass
Trux
Testbook
Premiershield
Porter
Pepperfry
New Prince Management
MAC Hotels Limited
Indian Post Payment Bank
IBL
GPX India
Innovaccer
Docquity
Carwale

Google Review of Setindiabiz, We are Lovin It

Nitin Nayal , Jan 13, 2020

Big thanks to Kuldeep, Shaily and folks at SetIndiaBiz for registering my company within 7 days. Everything was handled professionally, and I was always made aware via mail and phone of progress, even for smaller things... See at Google

Satish Prajapati , Jan 10, 2020

I appreciate your service and will surely recommend to my friends who are looking for registering their company . It was a excellent job done by you. All the best you are doing a great job... See at Google

NishanthKumarTheGreat , Jan 01, 2020

Thanks For Helping In Registration of Company And Registration of GST. They Come Quickly Than Estimated Time. See at Google

Sunil Prajapati , Jan 01, 2020

My notions were feeble to pay for online services before "SETINDIABIZ" experiences. However they utterly pay-off my each penny by their swift and authentic services. See at Google

Dominic Salt , Jan 01, 2020

Thank you SETINDIABIZ for all your help in registering my private limited company in Bangalore, very smooth and they made it very easy for me. Thanks to Anitha from the BANGALORE team for all the help. See at Google

TSR REDDY , Dec 24, 2019

Very Good Service, Quick Qquality Work, Time completed, Low Cost Work, We be Happy. TSR ENGINEERING PVT LTD /Director. See at Google

Pooja Ghose , Aug. 25, 2019

Interacted with Mr. Manav Gandhi for filing my gst returns. He was very courteous, polite and quick-to-action. Thank you for your service!...See at Google

Travelbid 2018 , Aug. 25, 2019

perfection, sincerity, on timing means SETINDIABIZ. contacted several companies for my work online and offline but couldn't get anyone to complete my company registration with an affordable fees...See at Google

Manoj Mukundan , Sept. 18, 2019

Excellent services offered for Start Up Firms and also for existing companies. Hope SetIndiaBiz opens up more offices in Tier II cities and render their services.See at Google

Sreeroop KT , Sept. 18, 2019

Excellent support from Manav Gandhi at SETINDIABIZ. He ensured to stay back in office till late night and complete our work at the earliest and provided a good support...See at Google

Faiz Ahmad , Sept. 20, 2019

Good work done by Mr manav gandhi ,he is more concerned about my work to be completed on time,loved his working.See at Google

Kiran S , Sept. 22, 2019

I always had a great experience with SetIndiaBiz. It is since 2 years that I am getting all my trademarks done through them...See at Google

Vishal Deshmukh , Dec 18, 2019

Best legal service provider and flexibility in time commitment.All executives from sales to operations team: neha & Swati are really good in customer service.I recommend every startup...See at Google

Jaishree Kashyap , Dec 19, 2019

Great Experience. Thanks SETINDIABIZ and Mr. Manav for the proactive Customer care Services.See at Google

Sarkar M.Z , Dec 07, 2019

I would like to mention that Set India Biz is one of the best professional company I have worked with. All team members are customer focused and helped us to incorporate...See at Google

Pravesh Verma , Nov 15, 2019

I believe with the relationship with SETINDIABIZ is worth value for money. Our account was managed by Proshanto and he has very proactive to support us in all phases of... See at Google

Syed Naseruddin , Dec 06, 2019

Overall it is good Experience. Representatives are very active. They will walk you through each and every process. They will help you with the documentation. I ...See at Google

Punya Gautam , Dec 05, 2019

Great service with understanding of budget and requirement of customer. A trustful firm for people who has basic knowledge of legal rules. Friendly team and super... See at Google

Rahul Gangurde , Dec 11, 2019

I highly appreciate the managers and co-workers as they are highly committed to their work. All the reports, forms and correspondence are completed on time with no errors. See at Google

Srinivasa Rao Valiveti , Nov 26, 2019

I had very good experience of setting up my company. The team at SetIndiabiz are professional & understands need and executes at pace needed. I really appreciate & recommend. See at Google

Amlan Dutta , Nov 10, 2019

Setindiabiz is a Great Company for registration of PVT. LTD. , LLP or any other company. Their process is fast but due to Durga puja holiday my company is incorporated little bit late. See at Google

Kingsmen Security , Nov 26, 2019

We got our documentation done by SetindiaBiz and we are really happy to have found the right consultancy. Really helpful, patient and friendly staff. highly recommended. See at Google

Sunil Ob , Oct 19, 2019

Perfection and quality makes SETINDIABIZ differ from other companies. Promptness is an additional quality of them. Hats-off guys. Good Job done. thanks and will recommend you people...See at Google

Manga Lucas , Nov 17, 2019

I'm happy with the phone and the deal i got from the company. Speaking with the service team helped me get exactly what i was looking for. Especially Mr. Shubendu &...See at Google

Ashok Satapathy , Nov 17, 2019

It's a hassle free experience with SETINDIABIZ for my entire set-up. Great and dedicated staff members. They back up their commitments by getting the job...See at Google

Abdul. Constructions , Dec 15, 2019

Have a great pleasure, and experience with team 'SETINDIABIZ' knowledgeable and supporting staff. As per our requirement, They committed and completed the said...See at Google

Rahul Raj , Nov 12, 2019

It's amazing. It was easy to understand and work was completed smoothly. Liked there work and recommend everyone to give them a chance. The best thing for setindiabiz is...See at Google

Rahul Goyal , 19 Oct, 2019

Very Nice and great company, all the executives are so polite and professional, they know their work very well and they are master in them. This company manages me and my companies...See at Google

Mohamed Salman Shariff , 19 Nov, 2019

Reliable with service satisfaction, employees are very helping & cooperative. Am grateful & thank you to the entire team of SetIndiabiz was...See at Google

Abhishek Balchuguri , 19 Nov, 2019

I have had a very good experience with them in incorporating my LLP. Sana Parveen from Delhi office has been very helpful and very much approachable, she ...See at Google

Aakanksha Shirbhate , 19 Nov, 2019
    <

The complete team is amazing, a very co-operative and helpful. They will answer all your questions calmly even if you ask same thing million of times. Special thanks to Rahul and....See at Google

Manjunath S , 19 Nov, 2019

I should write here .. I'm really impressed about Ms. PUJA.. You're an asset to your company Setindiabiz... I'm writing most about the person than the company because she...See at Google

ANIL YADAV , 19 Sep, 2019

GOOD COMPANY FOR DEALING WITH STARTUPS ESPECIALLY FOR DOCUMENTATION AND REGISTRATION. ON TIME ACTION AND POSITIVE RESULTS. ...See at Google

Mdz , 19 Nov, 2019

Great people, culture, All of the team, including the managers are approachable, helpful, caring and hard working.....keep up the good work....!! and yes Thanks...See at Google

Pravesh Verma , 19 Nov, 2019

I would like to mention that Set India Biz is one of the best professional company I have worked with. All team members are customer focused and helped us to incorporate the...See at Google

Divya Kholakiya , 19 Nov, 2019

Rhanks To Sana For Being An Best Supportive Cordinator All The Time. On Start Had face a Lot of Issues because of mumbai Office but then Got in Contact with Sana and She...See at Google

Radhakrishnan Velayudhan , 19 Nov, 2019

Excellent service. Mainly, its the timely update needed which is supplied on regular intervals. Ms. Khushboo & Ms. Swati were very cooperative in this regard. Shouldn't...See at Google

Mukund Tripathi , 30 Sep, 2019

The support given to me by corporate lawyer Mr. Kishore is really commendable. He was very cooperative in her approach towards our requirement and found out ways to move...See at Google

Sri Nithya Saswathananda , 20 Sep, 2019

I had a good experience with SetIndiaBiz for TM registration. Mr. Shubham who was dealing my case was very professional and clear about what is to be done and when. ...See at Google

SANDEEP KUMAR , 20 Sep, 2019

REALLY FAST AND PROMPT SERVICE.VERY GOOD EXPERIENCE OF SETTING UP ALL THE REQUIREMENTS WITHOUT ANY HINDERANCE. .THANKS TO THE TEAM ESPECIALLY MR. PUNDREEK PANDEY AND ...See at Google

Amit Kumar , 20 Sep, 2019

I hardly trust people in business society. However, the people in this company are exception. You can trust them blindly. They are unbelievably good at their job. ...See at Google

See More Google Review of Our Braches

Shalimar Bagh, DelhiShalimar Bagh, Delhi Hauz Khas, DelhiHauz Khas, Delhi MumbaiMumbai BangaloreBangalore HyderabadHyderabad