Why Choose LLP?
Limited Liability
Partners' personal assets are protected from business debts
Easy to Manage
Less compliance compared to private limited companies
Flexibility
Partners can decide profit sharing and management roles
Lower Compliance
No mandatory audit if turnover is below threshold
Benefits of LLP
Limited liability for partners
Separate legal entity status
Lower registration cost
Minimal compliance requirements
No minimum capital requirement
Easy to form and manage
Perpetual succession
Flexible business structure
Documents Required
PAN Card of Partners
Aadhaar Card of Partners
Passport size photographs
Address proof of Partners
Registered office proof
NOC from property owner
Digital Signature Certificate
DPIN for Partners
LLP Registration Process
1
DSC & DPIN
Obtain Digital Signature & Partner ID
2
Name Reservation
Apply for LLP name with MCA
3
Filing FiLLiP
Submit incorporation form
4
LLP Agreement
File LLP Agreement within 30 days