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LLP Registration

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Rs. 8999

This package includes consultation, Partnership agreement, Government Fees& Stamp Duty1, 2 DSC2, 2 DPIN, 1 Lakh Authorised Capital, 1 RUN Name Approval3, PAN and TAN registration, Incorporation Fee & Certificate, Commencement of Business Certificate, GST Registration and Current Account Assistance.


Rs. 14499

This package includes consultation, Partnership agreement, Government Fees& Stamp Duty1, 2 DSC2, 2 DPIN, 1 Lakh Authorised Capital, 1 RUN Name Approval3, PAN and TAN registration, Incorporation Fee & Certificate, Commencement of Business Certificate, GST Registration, Current Account Assistance, Udyog Aadhar(MSME) registration, Shop & Establishment Registration and MCA Annual Return & Report for first year.(This does not include book keeping and preparation of financials)


Rs. 24999

This package includes consultation, Partnership agreement, Government Fees& Stamp Duty1, 2 DSC2, 2 DPIN, 1 Lakh Authorised Capital, 1 RUN Name Approval3, PAN and TAN registration, Incorporation Fee & Certificate, Commencement of Business Certificate, GST Registration, Current Account Assistance, Udyog Aadhar(MSME) registration, Shop & Establishment Registration, MCA Annual Return & Partner’s Report, GST Return (GSTR-1 or 3B)4, Bookkeeping & Accounting and Professional Tax Registration. (For first six months, upto 5 lakh turnover)


Rs. 62999

This package includes consultation, Partnership agreement, Government Fees& Stamp Duty1, 2 DSC2, 2 DPIN, 1 Lakh Authorised Capital, 1 RUN Name Approval3, PAN and TAN registration, Incorporation Fee & Certificate, Commencement of Business Certificate, GST Registration, Current Account Assistance, Udyog Aadhar(MSME) registration, Shop & Establishment Registration, MCA Annual Return & Partner’s Report, GST Return (GSTR-1 or 3B)4, Bookkeeping & Accounting, Professional Tax Registration, Income Tax Return & Financial Statement5, Payroll and ESI & PF Return.

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Limited Liability Partnership (LLP) Registration

A Limited Liability Partnership (LLP) is a partnership in which some or all partners have limited liability. It, therefore, exhibits elements of partnerships and company.

In an LLP, one partner is not responsible or liable for another partner’s misconduct or negligence. This is an important difference from that of an unlimited partnership. In an LLP, some partners have a form of limited liability similar to that of the shareholders of a private limited company.

Difference between LLP and Private Limited Company

LLP
Private Limited Company
Liability
    • Limited to the agreed contribution in the LLP.
    • Limited to the unpaid amount of shares taken in the company.
Capital Withdrawal
    • Partners can withdraw capital subject to LLP agreement. It is also possible for a partner to reduce contribution liability after giving notice to creditors.
    • Once paid up, capital cannot be withdrawn by shareholders without the approval of the court. A company can buy back the shares subject to the Companies Act.
Statutory Audit
    • Not compulsory unless partners
      contribution exceeds 25 lakhs or annual turnover exceeds 40 lakhs.
    • Mandatory, irrespective of capital contribution by promotors or turnover of the company.
Annual Filing
    • Annual statement of accounts & Annual Return with ROC. These are filed in Form AOC 4 and MGT 7.
    • Annual accounts and annual returns to be filed with ROC. These returns are filed in LLP Form 8 and 11.
Compliance
    • High.
    • Low.
Cost
    • Get LLP Registration online for INR 8999/-
    • Get Company Registration online for INR 9999/-

Difference between LLP and Partnership

LLP
Partnership
Liability
    • The liability of the partners is limited to the amount invested in the company
    • Partners are personally liable for the unlimited amount of liabilities of the partnership.
Compliance
    • Mandatory to file the annual return to Ministry of Corporate Affairs. You can get LLP Annual filing at just INR 3499/-.
    • No requirement of annual return filing.
Transferability
    • Shares can be easily transferred to another person after obtaining the required consent from all the Partners in
      an LLP.
    • The transferee cannot become a partner automatically
    • LLP cannot be converted back to the partnership but can be converted to Private Limited Company or Limited
      Company effortlessly.
    • Shares can be transferred to another
      person after obtaining the required
      consent from all the Partners in a
      Partnership.
    • Transferability of the partnership is a
      long process.
    • Conversion of partnership to LLP or
      Private Limited Company is a challenging
      process.
FDI
    • Foreign Direct Investment (FDI) is permitted in an LLP.
    • Foreign Direct Investment (FDI) is restricted in the partnership.
Partners
    • Minimum 2 partners
    • Maximum partners can be unlimited in an LLP.
    • NRI or Foreign Nationals are permitted to become partners in an LLP.
    • Minimum 2 partners
    • Maximum partners can be up to (20 in non-banking and 10 in banking firms)
    • NRI or Foreign Nationals are restricted to become partners in a partnership
Cost
    • Get LLP Registration online for INR 8999/-
    • Get Partnership Registration online for INR 5499/-

Documents Required for LLP Registration

  • Documents required for partners and members:
    • Identity proof of partners: All the partners are required to provide their PAN at the time of registering LLP:
      • PAN
    • Residential Proof: Partners can submit any of the following documents as the residential proof:
      • Aadhar Card
      • Passport
      • Driving License
      • Voter Card
      • Latest Utility Bill having the address

      The details of the residential proof should match with the PAN card. In case there is a spelling mistake, needs to be corrected before the submission.

    • Photograph: All the partners should provide their passport size photograph with a white background
    • Passport (in case of Foreign Nationals/ NRIs):
      • To become a partner in Indian LLP, all the foreign nationals and NRIs have to submit their passport compulsorily.
      • Passport should be notarised by the relevant authorities in the country of such foreign nationals and NRI, else Indian Embassy situated in that country can also sign the documents.
      • Submit a residential proof and if it is in some other language than English, attach a notarised or translation copy along with the documents.
  • Documents required for LLP:
    • Address of the company: Proof of registered office has to be submitted during registration, or within 30 days of its incorporation:
      • Proof of ownership if any partner owns the place of business
      • Rental agreement of the property where the business runs
      • Latest Bill of Electricity/Water/Property Tax
      • NOC from the Owner of Premises

Advantages

  • Limited Liability:

    Limited liability protects the partner/member’s personal assets from the liabilities of the business. LLP’s are a separate legal entity to the partners/members. It also allowsfor a partnership structure where each partner’s liabilities is limited to the amount they put into the business.

  • Minimum Requirement:

    An LLP firm can be started with just two partners out of which one should be an Indian resident. The actual partners of the LLP firm can either be one person or a corporate body. Moreover, there is no specific capital requirement to start a limited liability partnership firm registration.

  • Protection of Name:

    By registering the LLP at ROC you prevent another partnership or company from registering the same name.

Disadvantages

  • Huge Penalties:

    The compliance cost is not much but if the same is not filed within the prescribed timeframe then the cost of non-compliance would lead to huge penalties.

  • Difficult Transferability:

    If a partner wants to transfer its share or interest as per the desire or on its own, such a partner has to obtain the consent of other partners. This discourages investment in an LLP.

  • Inclusion of Indian:

    An NRI/Foreign national who wants to incorporate an LLP in India shall have at least one partner who would hold Indian citizenship.

Standard Other Registrations or Licences We Provide

PAN Registration

A PAN or Permanent Account Number is an important document all taxpayers must possess, as mandated in the Income Tax Act of 1961.

Learn More
Trademark Registration

A trademark is a unique symbol or word(s) used to represent a business or its products. Once registered, that same symbol or series of words cannot be used by any other organisation, forever, as long as it remains in use and proper paperwork and fees are paid.

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Shops & Commercial Establishment Registration

Shop act registration is to be taken compulsorily to start business establishment. Details of personal employed are to be given on yearly basis.

Learn More
Professional Tax Registration

Professional Tax Registration is levied by Municipal Corporations of various states in India. People who carry the profession such as CA (Chartered Accountant), Lawyers, Doctors, Business Owners etc need to pay these taxes. The owner of a business is responsible to deduct professional tax from the salaries of its employees.

Learn More
Udyog Aadhar (MSME) Registration

MSME Registration helps you to receive payment on time from large companies as they have to pay MSME Vendor within 45 days. Plus, you get benefit at the time of taking a loan in form of concessional rate of interest.

Learn More
GST Registration

Any person or entity supplying goods or services in India above the aggregate turnover limit (INR 20L for Service and INR 40L for Goods) is mandatorily required to obtain GST registration. For certain businesses such as Interstate Supply, E-Commerce Operators registration under GST is mandatory irrespective of turnover limit.

Learn More
TAN Registration

The Tax Deduction and Collection Account Number (TAN) is required for people who are deducting or collecting tax at source. Anyone paying a salary or commission is required to get a TAN.

Learn More
FSSAI Registration

Every food business operator (FBO) involved in the manufacturing, processing, storage distribution and sale of food products must compulsorily obtain FSSAI Registration or License. FSSAI Registration is different from FSSAI License in the sense that depending on the size and nature of the business, FBO should obtain the necessary registration or license.

Learn More

LLP Registration Process

  • 01
    Finalisation of LLP Name
  • 02
    Verification of Documents
  • 03
    Digital Signature Certificate for LLP Partners
  • 04
    RUN-LLP Application for the Name Approval of LLP
  • 05
    FiLLiP Application for Incorporation of LLP
  • 06
    LLP Agreement Draft & Filing to ROC
  • 07
    PAN Registration for LLP
  • 08
    TAN Registration for LLP

Find the Perfect Price
for LLP Registration
(All Taxes Inclusive, Transparent Pricing)

Plan feature

Basic

Plus

Pro
₹ 8999 ₹ 14499 ₹ 24999
Features
Consultation
Government Fees& Stamp Duty1
2 DSC2, 2 DPIN, 1 Lakh Authorised Capital, 1 RUN Name Approval3, PAN and TAN
Incorporation Fee & Certificate
Partnership Agreement
Commencement of Business Certificate
GST Registration
Current Account Assistance
MSME Registration, if applicable
Shop & Establishment Registration, if not factory
MCA Annual Return & Partner’s Report
GST Return (GSTR-1 or 3B)4

3 months up to 30 entries4
Bookkeeping & Accounting

3 months up to 350 entries
Professional Tax Registration
Income Tax Return & Financial Statement5
Payroll
ESI & PF Return
 


Disclaimer:
    • Govt Fees for 2 partners & INR 1 lakh capital are included in the package. For more than 2 partners & 1 Lakh capital, the additional duty is payable by the client as per below:
      • Stamp Duty of up to Rs. 2000/- and its Notarisation in any state of India is included and any fee over and above shall be billed to client on actuals
      • Additional Partners can be added for an additional cost of Rs. 999; if DSC & DPIN are available. In the case of DSC or DPIN is not available, the cost for adding additional Partner will be Rs. 1999, all-inclusive.
      • Additional authorised capital of more than 1 lakh if required can be obtained by paying the applicable professional & Govt fee.
    • Class 2 digital signatures of 2-years validity with ePass token.
    • Up to 2 name options can be given in 1 RUN name approval request.
    • Turnover of up to 12 Lakhs or 30 entries per quarter
    • Statutory Auditor (Chartered Accountant) fee is payable on actuals directly to the Independent Auditor as appointed by the designated partners. LLP audit is mandatory where the turnover exceeds Rs. 40 lakhs in a financial year OR where the contribution exceeds Rs. 25 lakhs in a financial year.
    • Above packages are applicable where the annual turnover is below Rs. 50 lakh in Service based business and Rs. 1 crore in case of Goods.

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