An LLP offers partnership flexibility with limited liability protection, making it ideal for professionals and small businesses.
A Limited Liability Partnership (LLP) blends the flexibility of a traditional partnership with the limited liability of a company. Partners are not personally liable for business debts beyond their agreed contribution, making LLPs ideal for professionals, consultants, and small businesses.
Limited liability protection for partners
Separate legal entity status
No maximum limit on partners
Lower compliance compared to companies
Flexible management structure
Obtain DSCs, apply for DPIN, reserve LLP name, file FiLLiP, submit the LLP Agreement, receive the Certificate of Incorporation — typically completed within 7–10 working days if documents are complete.
Obtain Digital Signature Certificates (DSCs) for designated partners
Apply for Designated Partner Identification Number (DPIN)
Reserve LLP Name via MCA portal
File Incorporation Form (FiLLiP) with MCA
Draft & File LLP Agreement within 30 days of incorporation
Receive Certificate of Incorporation (CoI)
A complete set of partner KYC documents, office address proofs, ownership or lease permissions, photographs, and the duly executed LLP Agreement.
Provide PAN and Aadhaar details for all designated partners.
Address proof (utility bill, bank statement)
Property Owner NOC (No Objection Certificate) or Rent/Lease Agreements.
Prepare Memorandum and Articles of Association for your company.
Passport-size photographs.
Proof of registered office address (rent agreement/ownership papers + utility bill).
LLP Agreement signed by partners.
Professional firms (CA, CS, lawyers, consultants).
SMEs and start-ups seeking flexibility with limited liability.
Businesses not planning to raise venture capital or public funds.
Government fees (vary depending on authorized capital) and stamp duty charges vary from state to state.
Professional service fees (typically starting around ₹5,000 for online packages).
DSC charges (Government fees are subject to change according to official notifications)