Limited Liability Partnership (LLP) Company Registration
Limited Liability Partnership (LLP) Company Registration – Classic Partners LLP
By Classic Partner – Chartered Accountants & Business Advisors
What is LLP Registration?
A Limited Liability Partnership (LLP), introduced under the LLP Act, 2008, is a modern business structure that combines the flexibility of a partnership with the limited liability of a company.
Unlike traditional partnerships, partners in an LLP are not personally liable for the debts or misconduct of other partners. This makes it one of the most preferred forms of business registration for professionals, startups, and SMEs in India.
An LLP is also cost-effective to form and maintain, requires fewer compliances than a Private Limited Company, and enjoys a perpetual existence. However, it cannot raise equity funding since LLPs are not permitted to issue shares.
Reasons to Opt for an LLP
Limited Liability Protection – Partners’ personal assets remain safe; liability is limited to their agreed contribution.
Separate Legal Entity – LLP continues to exist irrespective of changes in partners, ensuring stability and credibility.
Easy Transferability – Ownership can be restructured by introducing or removing partners without affecting business continuity.
Low Compliance Burden – Audit is not mandatory if turnover < ₹40 lakh and capital contribution < ₹25 lakh.
Cost Effective – Lower incorporation and maintenance costs compared to companies.
Suitable for Professionals & SMEs – Ideal for businesses that value flexibility with limited liability, without the complexity of a full-fledged company.
Documents Required for LLP Registration
For Partners:
PAN Card / Passport (for NRIs)
Voter ID / Passport / Driving License
Latest Bank Statement / Electricity or Telephone Bill
Passport-sized Photograph
Specimen Signature
For Registered Office:
Proof of address (Utility bill / Bank statement)
Rent Agreement or Sale Deed
NOC from Property Owner (if rented)
Registration Procedure
Obtain DSC & DIN – Digital Signature and Designated Partner Identification Number for partners (5–7 days).
Name Approval – File up to 6 preferred names with MCA, ensuring uniqueness and relevance.
Filing Incorporation Documents – Submit LLP Agreement, incorporation forms, and supporting documents with MCA.
Certificate of Incorporation – Issued by MCA within 10–12 days, confirming registration.
PAN & TAN Application – Allotted after incorporation; mandatory for tax and compliance.
How Classic Partner Helps
At Classic Partner, we provide complete support in LLP registration and compliance:
End-to-end filing with MCA (SPICe+ forms, LLP Agreement drafting, incorporation documents).
Advisory on LLP vs Partnership vs Private Limited Company for the right structure.
Post-registration support – PAN, TAN, GST, and bank account setup.
Tax structuring for LLPs to ensure maximum benefits.
Annual filings, compliance, and advisory for smooth operations.
Assistance with conversion or dissolution of LLP if required.
Contact Classic Partner today for LLP Registration Services – get the right structure for your business with expert Chartered Accountants guiding you at every step.
