Overview
A limited liability partnership (LLP) combines the flexibility of a partnership with limited liability: each partner's liability is limited to their agreed contribution, and the LLP is a separate legal entity that continues when partners change. It suits professional firms and small businesses that want fewer formalities than a company and don't plan to raise equity from outside investors.
An LLP is incorporated on the MCA portal. The name is reserved first, then the incorporation form is filed with the partners' details, and after incorporation the LLP agreement setting out the partners' rights, contributions and profit sharing is filed in Form 3. Every LLP must also file an annual statement of accounts and an annual return.
Our team prepares the name application, the incorporation filing and the LLP agreement with you, arranges the digital signatures and follows the application until the certificate is issued.
Who needs it
- Professionals (consultants, architects, accountants, agencies) setting up a firm together
- Small businesses that want limited liability with fewer compliance requirements than a company
- Existing partnership firms that want to convert to an LLP
Documents required
What we usually ask for. Our team confirms the exact list for your case before anything is filed.
- PAN and identity proof (Aadhaar, passport, voter ID or driving licence) of every partner
- Address proof of each partner: a recent bank statement or utility bill
- Proof of the registered office (utility bill, rent agreement or sale deed) and the owner's no-objection letter
- Photographs of the partners
- Digital signature certificates for the designated partners
- Details of each partner's contribution and the profit-sharing ratio for the LLP agreement
How it works
- 1
Plan the LLP
We confirm the partners, the designated partners, the contributions and the business activity, and how profits and decisions will be shared.
- 2
Reserve the name
We check the proposed names and apply for name reservation on the MCA portal.
- 3
Incorporation filing
The incorporation form is filed with the partners' consent and details, and DINs for designated partners who don't have one.
- 4
Certificate of incorporation
On approval the Registrar issues the certificate with the LLP identification number (LLPIN).
- 5
File the LLP agreement
We draft the LLP agreement with you and file it in Form 3 within 30 days of incorporation, after it is signed and stamped as your state requires.
Typical timeline
MCA has no fixed deadline for approving an LLP; it depends on the Registrar's processing and on whether a resubmission is asked for. After incorporation, the LLP agreement must be filed within 30 days. Every LLP then files its annual statement of accounts and solvency (Form 8) and annual return (Form 11) each year, generally by 30 October and 30 May respectively.
Get a free quote
Answer a few questions and our team will contact you. It takes about two minutes.
Official sources
The government portals and laws this page is based on:
Please note