Online Limited Liability Partnership Registration

  • ₹ 6800 All inclusive
  • Get Partners DIN & Digital Signature
  • We help In Unique Business Name Registration
  • Our Expertise in Drafting LLP Agreement For Your Business

Get a Quote to Find a right plan to fit your needs

Limited Liability Partnership (LLP) Registration

Limited Liability Partnership has been introduced in India by way of Limited Liability Partnership Act, 2008. LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a Partnership. A Limited Liability Partnership combines the advantages of both the Company and Partnership into a single form of organization and one partner is not responsible or liable for another partner’s misconduct or negligence. It is very easy to do LLP Registration in India , as the process is very simple as compared to Companies and does not involve much formality. A LLP is indeed advantageous because of comparatively lower cost of formation, lesser compliance requirements, easy to manage and run, partners are not liable for the acts of the other partners.

LLP Incorporation in India is made more easy by Ministry of Corporate Affairs. From 2nd October 2018 earlier process of LLP registration has been modified. Now the new process is much simpler and with fast tack mode. Experts at ANBCA in have helped number of start-ups for LLP Registration. In All major cities of India , Mumbai, Delhi, Bangalore, Pune , Chennai and more. Our services are reliable and quick.

Legal Compliances for Limited Liability Partnership (LLP)

  • Income Tax Return: After LLP Incorporation at end of financial year need to prepare it financial statements such as Profit and loss statement and Balance sheet. And apply for filing income tax return.
  • GST Returns: If business owner who applied for GST registration then , need to file GST Returns on month or quarterly basis.
  • Form 8: Statement of Account & Solvency – Due on 30th October
  • Form 11: Statement of account and solvency – Due on 31 May

Legal Compliances for Limited Liability Partnership (LLP)

  • Income Tax Return: After LLP Incorporation at end of financial year need to prepare it financial statements such as Profit and loss statement and Balance sheet. And apply for filing income tax return.
  • GST Returns: If business owner who applied for GST registration then , need to file GST Returns on month or quarterly basis.
  • Form 8: Statement of Account & Solvency – Due on 30th October
  • Form 11: Statement of account and solvency – Due on 31 May

Advantages of Limited Liability Partnership Registration

It’s quick and easy to get started

It’s now very easy to start Limited Liability Partnership and it can all be done online. Now you can start a Limited Liability Partnership in few days. What’s more, the cost of incorporation is an allowable expense against corporation tax.

Limited Liability

A Limited Liability Partnership (LLP) exists as a separate legal entity from your personal life. Both LLP and person, who own it, are separate entities and both functions separately. Liability for repayment of debts and lawsuits incurred by the LLP lies on it and not the owner.

Easy transfer of ownership

It is easy to become a Partner with minimum number of documents or leave the LLP or otherwise it is easier to transfer the ownership in accordance with the terms of the LLP Agreement.

Body Corporate

Just like a Company, LLP is also body corporate, which means it has its own existence as compared to Partnership. LLP and its Partners are distinct entity in the eyes of law. LLP will know by its own name and not by the name of its partners.

Taxation Aspect on LLP

For income tax purpose, LLP is treated on a par with partnership firms. Thus, LLP is liable for payment of income tax and share of its partners in LLP is not liable to tax. Thus no dividend distribution tax is payable.

Raising Money

Financing a small business like Sole Proprietorship or Partnership can be difficult at times. A LLP being a regulated entity like Company can attract finance from Investors, financial institutions etc.

Documents Required for LLP Registration

ID and Address Proof (Partners Details) & LLP Address

Pan Card
Passport / Voter id / Adhar Card / License
Passport Size Photo
Light Bill
Corporation Tax Paid Receipt

Our Package for LLP Registration

Name Approval
Certificate of Incorporation
AOA & MOA
PAN
Digital Signature
2 DIN of Director
AOA & MOA
PAN