Register a Limited Liability Partnership - the ideal business structure for professionals, consultants, and service-based businesses. Enjoy limited liability with the flexibility of a partnership, and minimal annual compliance.
Min. 2 Designated Partners
At least one must be an Indian resident
No Minimum Capital Requirement
Contribute any amount as agreed
Governed by LLP Act 2008
Registered with MCA / ROC
Lower Compliance Burden
Only 2 annual filings with MCA
Starting at just
₹4,999 + Govt. Fees
A Limited Liability Partnership (LLP) is a hybrid business structure that combines the benefits of a partnership firm and a limited liability company. Introduced under the LLP Act, 2008, it provides limited liability protection to its partners while maintaining the operational flexibility of a partnership.
In an LLP, each partner's liability is limited to their agreed contribution. This means partners are not personally liable for the debts and obligations of the LLP beyond their contribution. LLPs are a separate legal entity distinct from their partners.
LLPs are highly preferred by professionals such as Chartered Accountants, Lawyers, Architects, and Consultants, as well as service-sector businesses that want limited liability without the strict compliance requirements of a Private Limited Company.
Partners' personal assets are protected from business liabilities
Only 2 annual filings needed - no mandatory audit below ₹40L turnover
Partners manage as per the LLP Agreement - no board meeting requirement
LLP can own assets, sue/be sued, and enter contracts independently
Partners' personal assets are protected. Liability limited to their agreed capital contribution in the LLP.
Only 2 forms to file annually (Form 8 & Form 11). No mandatory audit if turnover is below ₹40 lakh and capital below ₹25 lakh.
LLP profits are taxed at 30% on partners' share. No Dividend Distribution Tax (DDT). Partners' remuneration & interest are deductible expenses.
Minimum 2 partners, no maximum limit. Can have unlimited partners, making it scalable for larger professional firms.
LLP continues to exist irrespective of changes in partners. Death, insolvency, or resignation of a partner doesn't dissolve the LLP.
Partners can customize profit-sharing ratios, roles, and management rights through the LLP Agreement as per their business needs.
Reserve LLP name through RUN-LLP form on MCA portal
Apply for Designated Partner Identification Number & Digital Signature
Submit Form for Incorporation of LLP (FiLLiP) on MCA portal
MCA issues Certificate of Incorporation with LLPIN
File LLP Agreement (Form 3) within 30 days of incorporation
Get complete LLP registration support from our expert CA team - name approval, DPIN, agreement drafting, and MCA filing.
The Bar Council of India does not permit advertisement or solicitation by advocates in any form or manner. By accessing this website, www.carohitvijayassociates.com, you acknowledge and confirm that you are seeking information relating to CA Rohit Vijay & Associates of your own accord.
The content of this website is for informational purposes only and should not be interpreted as soliciting or advertisement. No material/information provided on this website should be construed as legal advice.