LLP Registration

Limited liability, lighter compliance

An LLP gives you the thing every business owner wants — your personal assets protected from business debts — without the heavier compliance of a private limited company. For service businesses, professional firms and asset-light ventures, it is very often the right vehicle. Adv. Bhawna Yadav and her team set yours up at a flat ₹8,000: the name, the incorporation, a properly drafted LLP agreement, and PAN and TAN, ready for you to open a bank account, usually within seven to fifteen working days.

The fee is fixed and agreed in writing — no hourly billing, nothing added later, and no upselling.

Why choose an LLP

An LLP is a separate legal person under the Limited Liability Partnership Act, 2008. That separateness is the whole point: the LLP owns its assets, owes its debts, and signs its contracts, and the partners are shielded from its liabilities beyond their agreed contribution.

Limited liability without the weight

Compared with a private limited company, an LLP has far fewer ongoing obligations — no board meetings, no statutory registers, and a much shorter annual filing list. For a small team that does not plan to raise venture capital, that saved time and cost adds up year after year.

Tax that suits owner-operators

An LLP's profits are taxed at the firm level, and partners are not taxed again on their share. There is no dividend distribution tax to plan around. For founders who draw their income from the business, this is usually cleaner than a company structure.

Credibility and continuity

An LLP has perpetual succession — it continues regardless of changes in partners — and a registered name that signals permanence to clients, vendors and banks in a way a bare partnership does not.

LLP versus Private Limited

This is the decision worth getting right before you register. Choose an LLP if you are building a service business or professional firm, you want limited liability with minimal compliance, and you do not plan to raise external equity. Choose a Private Limited company if you intend to raise money from investors, issue ESOPs to employees, or eventually sell the business — because those all need equity shares, a cap table and a board, which the company form supports and the LLP form does not.

We do not push one over the other. In your consultation we look at your funding plans, your team and your appetite for compliance, and recommend the structure that fits — and if a partnership deed or a private limited company is the better answer, we will say so.

What you get

• A consultation to map ownership, capital contribution and how profits and decisions are shared.
• Your LLP name secured, with two choices included so a clash does not stall you.
• Digital signatures and partner identification for two partners.
• The incorporation completed, and your certificate delivered.
• A properly drafted LLP agreement — the document that governs profit-sharing, decision rights, admission and exit of partners, and dispute resolution — executed and registered within the statutory window.
• PAN and TAN, so you can open the LLP's bank account straight away.

The LLP agreement is the part that matters

Anyone can reserve a name. The document that protects you for years is the LLP agreement — and a thin or generic one is where partnerships fall apart. We draft yours to cover capital contributions, profit and loss sharing, the authority of each partner, how new partners are admitted, what happens on a partner's exit, retirement or death, and how disputes are resolved. It is drafted to hold up if it is ever tested.

LLP registration with foreign partners

Foreign nationals, NRIs and foreign companies can be partners in an Indian LLP. At least one designated partner must be an Indian resident, and foreign investment is permitted in sectors that allow 100% FDI on the automatic route. We handle the foreign-partner route end to end, including the post-investment reporting that follows — see the India-entry desk for details.

Why clients choose us for LLP registration

You work with a named advocate and her team from the first call to your incorporation certificate. The fee is flat and known upfront, the LLP agreement is genuinely drafted for your firm rather than copied from a template, and the structure advice is honest — including telling you when an LLP is not the right vehicle. There is no upselling, and everything is available in English or Hindi.

After incorporation: staying compliant

An LLP's lighter compliance is a real advantage, but it is not zero. Every LLP files an annual statement of accounts and an annual return each year, regardless of turnover, and there are penalties for missing them that accrue per day. Part of setting you up properly is making sure you know these dates from the start, so the saving on compliance does not turn into a late-fee surprise. If you would like, we can keep your annual filings on track too, so your LLP stays in good standing year after year without you having to watch the calendar.

The legal basis

LLP registration in India is governed by the Limited Liability Partnership Act, 2008 — Section 11 (incorporation) and Section 23 (the LLP agreement) — read with the LLP Rules, 2009. The resident-partner requirement is in Section 7. Foreign investment in LLPs is governed by the FEMA Non-Debt Instrument Rules.