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At ComplyHub, we simplify the process of registering your Limited Liability partnership, ensuring a seamless and hassle-free experience. Our expert team guides you through every step, from name reservation and document preparation to filing with the relevant authorities. We handle all legal and compliance requirements, so you can focus on building your business.
Advantages
One significant benefit is that the partners’ personal assets are protected from business liabilities. They are not personally accountable and cannot be required to use personal property or assets to settle business debts or liabilities.
An LLC requires more upkeep to run compared to a partnership or sole proprietorship. An LLP owner may also be required to pay unemployment benefits for themselves, which is not required in the case of a sole proprietorship.
Get Digital Signature Certificates for directors and shareholders.
Apply for Director Identification Numbers through DIR-3 or SPICe+ form.
Reserve a unique company name.
Submit the incorporation form with LLP agreement, partner details, and office address.
Apply for the LLP’s PAN and TAN along with incorporation.
Receive the Certificate of Incorporation with LLPIN, PAN, and TAN.
📌 1. Eligibility for Partners
• Minimum Partners: At least 2 partners are required to form an LLP.
• Maximum Partners: No upper limit on the number of partners.
• Designated Partners:
○ At least one designated partner must be a resident of India.
○ Designated partners are responsible for regulatory and legal compliance.
• Age & Citizenship:
○ Partners must be at least 18 years old.
○ Indian and foreign nationals can be partners.
🏢 2. Eligibility for LLP Formation
• Profit-Making Purpose: LLPs are meant for profit-oriented businesses.
• Legal Entities:
○ Individuals, LLPs, or companies can become LLP partners.
○ HUFs (Hindu Undivided Families) and minors cannot become partners.
• No Minimum Capital Requirement:
○ There is no minimum capital requirement to form an LLP.
○ However, partners must contribute some amount towards the LLP.
⚠️ 3. Restrictions on Business Activities
• LLPs cannot engage in:
○ Banking, insurance, or finance-related activities.
○ Non-profit activities (cannot be registered as a Section 8 company).
• LLPs must comply with annual ROC filings and maintain proper financial records.
Estimated Completion Time
15-20 Days
Estimated Completion Time
8-10 Days
Estimated Completion Time
5-7 Days
The expected completion time given above for all packages does`not include the time taken by the government for approvals.
Company name reservation is free for the first time. Applying again would be chargable.
Get 10% Flat OFF on Trademark registration and GST Registration packages if you buy a premium package for private limited company registration
