Lawbridge AssociatesLLP Registration
Register a Limited Liability Partnership with the Ministry of Corporate Affairs — DIN/DSC for designated partners, the LLP Agreement, and PAN/TAN through the FiLLiP process.
What is LLP Registration?
A Limited Liability Partnership (LLP) is registered under the LLP Act, 2008 with the Ministry of Corporate Affairs through the FiLLiP web form. It combines the operating flexibility of a partnership with limited liability for its partners — each partner’s liability is limited to their agreed contribution, and the LLP is a separate legal entity that can hold property and enter contracts in its own name.
Who Needs This
- Professional practices — consultants, designers, agencies — with two or more partners
- Small and mid-sized businesses that want limited liability without company-level compliance
- Partnerships converting from an unregistered firm for credibility and liability protection
- Businesses not seeking equity or venture capital funding in the near term
Why It Matters
In a traditional partnership, every partner is personally liable for the firm’s debts without limit. An LLP caps each partner’s exposure to their agreed contribution, keeps compliance lighter than a private company, and still gives the firm a recognised legal identity for contracts, bank accounts and GST registration.
Key Benefits
- Limited liability for all partners, unlike a traditional partnership firm
- Lighter annual compliance than a Private Limited Company
- No minimum capital requirement to start
- Separate legal entity that can own assets and sue or be sued in its own name
Our Scope of Assistance
- DSC and DIN/DPIN for designated partners
- Name reservation through the RUN-LLP service
- FiLLiP incorporation filing with the Registrar
- Drafting and filing the LLP Agreement (Form 3) within the statutory deadline
- PAN and TAN application alongside incorporation
Documents Required
- PAN and Aadhaar of all designated partners
- Address proof (bank statement, utility bill or passport, not older than two months)
- Passport-size photographs of partners
- Registered office proof — utility bill plus NOC, or rent/lease agreement
- Digital Signature Certificates for designated partners
Our Process
Name reservation
Proposed LLP name checked and reserved via RUN-LLP.
DSC & DIN/DPIN
Digital signatures and designated partner identification numbers obtained.
FiLLiP filing
Incorporation form filed with the Registrar along with PAN/TAN.
Certificate of Incorporation
Registrar issues the certificate once the filing is approved.
LLP Agreement filing
Form 3 filed with the LLP Agreement within 30 days of incorporation.
Government Fee & Professional Fee
Government fee
MCA filing fee and stamp duty on the LLP Agreement depend on the state and the amount of partner contribution — REQUIRES CONFIRMATION for the exact fee applicable to your case.
Professional fee
Depends on the number of partners and whether DSC/DIN are already held. Contact us for a quote.
Typical Timeline
With documents and DSCs ready, LLP incorporation typically takes one to two weeks depending on name approval and Registrar processing load. We do not guarantee a fixed timeline.
Common Mistakes to Avoid
- Missing the 30-day deadline to file the LLP Agreement after incorporation
- Choosing a name that conflicts with an existing company, LLP or trademark
- Not filing Form 11 (Annual Return) and Form 8 (Statement of Accounts) every year, even with no business activity
- Assuming an LLP audit is never required — it becomes mandatory once turnover or contribution crosses the prescribed threshold
Frequently Asked Questions
How many partners does an LLP need?
A minimum of two partners, with at least two designated partners, one of whom must be resident in India. There is no upper limit on the number of partners.
Is an LLP required to get its accounts audited every year?
Only if annual turnover exceeds the prescribed limit or partner contribution exceeds the prescribed limit under the LLP Act — REQUIRES CONFIRMATION for the exact current thresholds.
Can an LLP raise equity funding from investors?
An LLP cannot issue shares like a company, which makes it less suited to equity fundraising; a Private Limited Company is generally preferred if you plan to raise venture capital.
Can a Private Limited Company be converted into an LLP, or vice versa?
Conversion is possible in both directions under the applicable rules, though each involves a distinct procedure and is not the same as fresh incorporation.