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LLP REGISTRATION
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What is Limited Liability Partnership (LLP)?

A Limited Liability Partnership (LLP) is a modern business structure that blends the benefits of a traditional partnership with the limited liability features of a private company. It is governed by the Limited Liability Partnership Act, 2008 and has become a preferred choice for professionals, startups, and small to medium enterprises in India.

In an LLP, the liability of each partner is limited to their agreed contribution, meaning that partners are not personally responsible for the debts or wrongful acts of the firm or other partners. This makes it safer than a traditional partnership, where partners have unlimited liability.

At the same time, LLPs provide the flexibility of internal management, as partners can manage the business directly without heavy compliance like companies. It also has a separate legal identity, meaning the LLP can own property, enter into contracts, and sue or be sued in its own name.

With its low cost of formation, limited liability protection, tax benefits, and operational flexibility, LLP is a highly suitable option for businesses that want to enjoy both credibility and ease of management.

Documents Required

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PAN Card
Mandatory for all partners as proof of identity.
Aadhar Card
For verifying the address and identification of partners.
Passport Size Photo
Recent colored passport photographs of partners.
Business Address Proof
Utility bill, rent agreement, or property tax receipt.
Electricity/Water Bill
Latest utility bill not older than 2 months.
Specimen Signature
Signatures of all partners for verification purposes.

Features of LLP

Separate Legal Entity
LLP has its own identity, separate from its partners.
Limited Liability Protection
Partners are liable only up to their contribution.
No Minimum Capital Requirement
LLP can be started with any amount of capital.
Perpetual Succession
The LLP continues to exist even if partners change.
Flexibility in Management
Partners can manage business operations directly.

Eligibility Criteria

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Minimum 2 Partners
At least two partners are required to form an LLP.
One Resident Partner
At least one partner must be an Indian resident.
No Minimum Capital
LLP can be formed without any minimum capital requirement.
DSC and DIN Mandatory
All designated partners must have Digital Signature and DIN.

Benefits of llp

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Compliance Required

Annual Filing
Form 11 & Form 8 to be filed every year with ROC.
Statutory Audit
Mandatory only if turnover exceeds ₹40 lakhs or contribution exceeds ₹25 lakhs.
Income Tax Filing
LLP must file annual Income Tax Returns.
Partner Meetings
Regular meetings for smooth functioning and compliance.

Steps

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1

Apply for DSC

Digital Signature Certificate is mandatory for all designated partners to sign e-forms electronically.

2

Obtain DIN

Each designated partner must apply for a Director Identification Number (DIN) through MCA.

3

Reserve LLP Name

Reserve the desired LLP name via the RUN-LLP service provided by MCA.

4

File Incorporation Documents

File incorporation form (FiLLiP) along with partner details and agreement with ROC.

5

Obtain Certificate of Incorporation

Once approved, MCA issues the Certificate of Incorporation for the LLP.

6

Draft LLP Agreement

Prepare and file LLP Agreement within 30 days of incorporation to define partner rights and duties.

Conclusion

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Registering an LLP is a smart choice for professionals, startups, and small businesses seeking flexibility in management along with the security of limited liability. With Ramdoottax, the process of LLP registration becomes quick, affordable, and hassle-free.

About Us

Welcome to Ramdoottax — your trusted partner for company registration, compliance, tax filing, and trademark services.

We specialize in providing expert, cost-effective, and stress-free business solutions that empower entrepreneurs and organizations to grow with confidence, free from the complexity of legal and financial formalities.

Our mission is simple — to make business compliance easy, transparent, and efficient, so you can focus on what truly matters: driving your vision and achieving success.

Ramdoottax Company

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Frequently Asked Questions

How many partners are required to start an LLP?
A minimum of two partners are required to form an LLP. However, there is no upper limit on the maximum number of partners.
Can a foreign national become a partner in an LLP?
Yes, foreign nationals and foreign entities can be partners in an LLP, provided one designated partner is a resident of India.
Is it mandatory to appoint designated partners in an LLP?
Yes, every LLP must have at least two designated partners who are responsible for regulatory and legal compliance.
Is an LLP required to be audited every year?
An LLP is required to get its accounts audited only if its annual turnover exceeds ₹40 lakhs or capital contribution exceeds ₹25 lakhs.
Can an existing partnership firm be converted into an LLP?
Yes, an existing partnership firm or company can be converted into an LLP as per provisions of the LLP Act, 2008.

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