LLP Registration

LLP Registration

Recommended for small or mid-size professional services firms such as financial Advisory, Advocates, Architect etc.

Start your own company only in

4444/- + *Govt fees on actual  Now!!

Know more details:

Why Limited Liability Company?

  • LLP is an alternative business form that gives the benefits of limited liability of a Company and the flexibility of a general partnership.
  • LLP requires minimal compliances and can be a smart choice from a tax perspective.
  • Registration cost for LLP is cheaper to incorporate than a private limited company.

About Limited Liability Company :

  • Being the separate legislation (i.e. LLP Act, 2008), it is regulated by the contractual agreement between the partners.
  • A Limited Liability Partnership (LLP) is a partnership in which some or all partners have limited liability. It therefore exhibits elements of partnerships and corporations.
  • In an LLP, one partner is not responsible or liable for another partner’s misconduct or negligence.

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Registration Process

  1. Munshijee provide seamless and hassle free registration process .
  2. Because It is throughout Online Process so you would not need to be physically present at all.
  3. If your document set is complete, we mostly take less than 15 days for company formation.

Document Required for Registration

ID Proof

Mandatory

  • PAN Card

Any one of these

  • Aadhar Card
  • Votar ID
  • Driving License
  • Passport

Address Proof

Mandatory

  • Bank Statement
  • Electricity/ Gas bill or Phone/ Mobile bill

Passport Size Photo

Mandatory

  • Passport Size Photo

Registered Office

Mandatory

  • NOC from the Owner
  • Utility Bills with

Any one of these

  • Rent Agreement
  • House Tax Receipt
  • Proof of Registry

Have Questions? Have free discussion on E-mail Contact Us

What will you get in this Package?

LLP Agreement

Defines the rules that govern the company

DPIN

Digital signature to file taxes etc. for the company

Company PAN Card

PAN Number of the company

Tan Number

Tax Deduction Number

FAQs

What is the limit of number of partners required to incorporate an LLP?

A minimum of “two” partners with no maximum limit are required to incorporate a Limited Liability Partnership.

What kind of start-ups commonly register LLPs?

Typically, only start-ups that will not be looking for venture capital funding register LLPs. This is because venture capitalists only invest in private and public limited companies.

I want to raise funds from Private investors, can I start an LLP?

No, LLP is not an apt structure to raise funds from Private investors. Investors tend to invest in a company in lieu of the equity or stake in the business, rather they would be admitted as partners.

Can I register the LLP at my Residential Address?

Yes, You can incorporate an LLP with your residential address. There is no mandatory requirement to have a commercial place to open up an LLP.

What is the validity of a Limited Liability Partnership?

The validity of an LLP is subject to the regular annual compliances. In the case of a non-compliance, the LLP will become Dormant and will be removed from the registration after a certain period of time.

Should I incorporate a Private Limited Co. Instead?

No, but it is mandatory to convert an OPC to a private or public limited company if turnover of company is over Rs. 2 crore or paid up capital is over 50 Lakhs.

Compare and Select


Suitable for

Ease of accomodating Investment

Tax Benefits

Perpetual Existance

Statutory Compliance

Private Limited Company

Startups and growig companies

Very easy

Few benefits

Yes

High

Limited Liability Partnership

Professional services firms

Possible, but unlikely

Most efficient

Yes

Low

One Person Company

Sole Promoters

Possible, but serverely unlikely

Few benefits

Yes

High

Partnership Firm

Home businesses

Almost impossible

Minimal

No

Minimal

Sole 

proprietorship

Small traders and manufacturers

Possible

Minimal

No

Minimal

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