LLP Registration

A Limited Liability Partnership (LLP) is the best of both worlds:

  • Like a partnership: flexible, simple agreement, shared ownership.

  • Like a company: separate legal entity, limited liability.

🔹 Key Benefits

  • Limited Liability Protection – Partners are not personally liable beyond their investment.

  • No Minimum Capital – Start with any capital amount.

  • Tax Efficiency – LLPs avoid dividend distribution tax applicable on companies.

  • Perpetual Existence – Continues even if partners change.

🔹 Registration Process

  1. Obtain DSC & DIN for partners

  2. Reserve LLP name with MCA

  3. File incorporation documents

  4. Draft & register LLP Agreement

  5. Get Certificate of Incorporation

🔹 Best Suited For

  • Small to medium businesses

  • Professional firms (consultants, CAs, lawyers, architects)

  • Startups that want flexibility with liability protection

🔹 FAQs

Q1. Minimum partners required?
At least 2 designated partners.

Q2. Can LLP be converted later?
Yes, LLP can be converted into a Private Limited Company.