Secure, Scalable & Smart– LLP Registration Made Easy!
A Limited Liability Partnership (LLP) combines the flexibility of a partnership with the limited liability of a company. It’s ideal for startups, professionals, and small businesses seeking a compliant, tax-efficient structure.
Why Choose LLP?
- Limited Liability: Partners aren’t personally liable for business debts.
- Separate Legal Entity: LLP can own assets and sign contracts in its name.
- Tax-Friendly: No dividend distribution tax.
- No Capital Barrier: No minimum investment required.
- Flexible Operations: Fewer compliance burdens than private limited companies.
Who Should Register?
- Startups and SMEs
- Consultants and professionals
- Existing partnerships limiting liability
LLP Registration Process in India
Obtain Digital Signature Certificate (DSC)
All designated partners must have a Digital Signature Certificate (DSC) to securely sign e-forms online, ensuring authenticity and data protection.
Apply for Director Identification Number (DIN)
A Director Identification Number (DIN) is essential for all designated partners and can be obtained through the Ministry of Corporate Affairs (MCA) portal by submitting identity and address proof.
Name Approval via RUN-LLP
Before registration, the LLP name must be reserved using the ‘Reserve Unique Name – LLP’ (RUN-LLP) service on the MCA portal, ensuring it complies with LLP Naming Guidelines and is not already in use.
File Incorporation Documents
To register the LLP, submit Form FiLLiP (Form for Incorporation of LLP) along with necessary documents, including partners’ details, registered office proof and the draft LLP agreement.
Obtain Certificate of Incorporation
Upon successful verification, the Registrar of Companies (ROC) issues the Certificate of Incorporation (COI), officially recognizing the LLP as a legal entity.
Draft & Register LLP Agreement
The LLP Agreement outlines partner roles, profit-sharing ratios, and operational guidelines. This must be filed using Form 3 within 30 days of incorporation to ensure legal compliance.
Register for PAN, TAN, and GST
To commence business operations, the LLP must obtain PAN (Permanent Account Number) and TAN (Tax Deduction and Collection Account Number) from the Income Tax Department. Additionally, GST registration is required if applicable.
Compliance Requirements for an LLP
- Filing of Annual Return (Form 11)– Must be completed by May 30th each year.
- Statement of Accounts & Solvency (Form 8)– To be filed by October 30th.
- Income Tax Return– LLPs must file ITR-5 before July 31st if not subject to audit; otherwise, by October 31st.
- GST Filing– Required for LLPs registered under GST.
- Audit Requirements– Mandatory if annual turnover exceeds ₹40 lakhs or contribution surpasses ₹25 lakhs.
Why Register Your LLP With Account Assure?
- Expert Consultation – Professional guidance throughout the registration process.
- Hassle-Free Documentation – We handle all compliance and paperwork.
- Budget-Friendly Solutions – Transparent pricing with no hidden charges.
- Dedicated Support – A team to assist you with post-registration compliance.
Get Started with Your LLP Today!
Starting an LLP is a strategic move for businesses looking for liability protection with operational flexibility. Let Account Assure help you register your LLP quickly, efficiently and hassle-free. Contact Account Assure now to take the first step towards securing your business’ future!