AMM & ASSOCIATES

CHARTERED ACCOUNTANTS

Madan Mohan Arora

Chartered Accountant

Madhu Arora

Company Secretary

How to Register LLP Company

    How to Register LLP Company Online

    In today’s dynamic business environment, choosing your enterprise’s legal structure is crucial. The Limited Liability Partnership (LLP) model has emerged as a preferred option for startups, freelancers, professionals, and small business owners. It offers the flexibility of a partnership firm while providing the benefits of limited liability and a separate legal identity.

    Suppose you’re searching for how to register an LLP company. In that case, this comprehensive guide will walk you through everything — from prerequisites and documentation to the New LLP Registration Process and post-incorporation compliance — all with a focus on the digital route of LLP registration online.

    Why Choose an LLP Over a Private Limited Company or Partnership Firm?

    When comparing an LLP with a Private Limited Company or traditional Partnership, many entrepreneurs find an LLP to be the sweet spot between legal structure and operational ease.

    Key Differences:

    • Legal Entity: LLP and Private Limited are separate legal entities, whereas partnership firms are not.
    • Liability: In an LLP, partners have limited liability — they are not personally responsible for business debts beyond their capital contribution.
    • Compliance: LLPs have fewer compliance requirements compared to Private Limited Companies.
    • Ownership Flexibility: LLPs offer flexibility in ownership and profit-sharing arrangements.
     

    Why LLP is Better:

    • Tax Benefits: LLPs are not subject to dividend distribution tax (DDT), unlike Private Limited Companies.
    • Cost-Efficient: Lower compliance costs and audit requirements unless turnover exceeds ₹40 lakhs or contribution exceeds ₹25 lakhs.
    • No Minimum Capital Requirement: Start your LLP with any capital structure.
     

    Eligibility Criteria for LLP Registration in India

    Before diving into the registration LLP online process, it’s essential to ensure you meet the following eligibility criteria and have the necessary prerequisites in place:

    1. Minimum Two Partners: An LLP must have at least two partners. There is no limit on the maximum number.
    2. Resident Designated Partner: At least one designated partner must be a resident of India.
    3. Digital Signature Certificate (DSC): All designated partners must sign electronic documents.
    4. Director Identification Number (DIN): DIN is mandatory for all designated partners.
    5. Unique Business Name: The Ministry of Corporate Affairs (MCA) must approve via the RUN-LLP portal.

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    How to Register LLP Company Online

    The digital process makes LLP registration online more accessible and convenient than ever. Here’s a step-by-step breakdown:

    Step 1: Obtain a Digital Signature Certificate (DSC)

    Every designated partner must acquire a valid DSC to sign forms online. This is the first step before initiating the registration of LLP online.

    Apply through government-certified agencies.

    • Valid for 1-2 years, renewable.
    • Requires PAN, address proof, and passport-size photo.

    Step 2: Apply for Director Identification Number (DIN)

    DIN is a unique number allotted by MCA to every person intending to be a designated partner.

    • New applicants can get DIN while filing the FiLLiP form.
    • Existing directors can use their current DIN.

    Step 3: Name Reservation with RUN-LLP

    Selecting a suitable name is vital. The name should be unique, relevant to your business, and not violate trademark laws.

    • File name reservation via RUN-LLP (Reserve Unique Name) on MCA.
    • Include “LLP” or “Limited Liability Partnership” at the end of the proposed name.
    • MCA usually approves names within 2-3 working days.

    Step 4: Filing Incorporation Form (FiLLiP)

    FiLLiP is the official incorporation form for LLPs.

    • Fill details like partner information, registered office, and capital contribution.
    • Attach required documents: ID proofs, address proof, utility bill, NOC from landlord, etc.
    • Submit online with DSC.

    Step 5: Draft & File the LLP Agreement

    The LLP Agreement defines the rights and responsibilities of partners.

    • Must be filed within 30 days of incorporation via Form 3.
    • It should include capital contribution, profit-sharing ratio, decision-making process, etc.
    • Stamp duty varies from state to state.

    Documents Required for LLP Registration

    To complete the New LLP Registration Process, keep the following documents ready:

    1. PAN Card of all partners
    2. Address Proof (Aadhar Card, Voter ID, Passport, etc.)
    3. Passport (if the partner is a foreign national)
    4. Registered Office Proof (Utility bill – not older than 2 months)
    5. NOC from the property owner (if rented)
    6. Photograph of each partner
    7. DSC of all designated partners

    Time Required for New LLP Registration Process

    Stage Estimated Time
    DSC & DIN
    2-3 days
    Name Reservation
    2-4 days
    FiLLiP Filing & Approval
    4-5 days
    LLP Agreement Filing
    2-3 days
    Total Time
    10–15 working days (approx.)

    Depending on document readiness and MCA approvals, the average processing time for LLP registration online is as follows:

    Post-Incorporation Compliance for LLPs

    Once your LLP is incorporated, you must fulfill the following mandatory compliances:

    1. PAN & TAN Application: Required for tax and TDS purposes.
    2. Open a Bank Account In the name of the LLP.
    3. GST Registration: Mandatory if turnover exceeds ₹40 lakhs (or ₹20 lakhs in special category states).
    4. Annual Returns:
    5. Form 11: Annual return (due by 30th May each year)
    6. Form 8: Statement of accounts & solvency
    7. Books of Accounts: Maintain proper books and financial records.
    8. Audit: Required if turnover > ₹40 lakhs or contribution > ₹25 lakhs.

    Common Mistakes to Avoid During LLP Registration

    Avoiding errors during the registration LLP online process ensures smooth approval:

    • Choosing names that closely resemble existing businesses
    • Delay in filing the LLP agreement (leads to penalties)
    • Providing incorrect partner details or address proofs
    • Not taking professional advice for agreement drafting

    Benefits of LLP Registration Online

    The digital approach to LLP registration online makes the process fast, easy, and efficient:

    • Completely Paperless: No physical submission is required
    • Real-Time Tracking: Monitor application status via MCA dashboard
    • Affordable: Fewer compliance costs than private limited companies
    • Startup Friendly: Ideal for consultants, tech startups, service providers, and SMEs

    FAQs

    Foreign nationals or NRIs can be partners in an LLP, but at least one designated partner must be a resident Indian.

    LLPs can be converted into private limited companies through a defined legal process under the Companies Act.

    You can resubmit the RUN-LLP form with a new or modified name. Ensure the name follows MCA guidelines and is not trademarked.

    You can check the status on the MCA portal under the "LLP Services" section using your SRN (Service Request Number).

    At AMM & Associates, we understand that starting a business involves more than just an idea — it requires the proper foundation. With over 40 years of experience, our team offers complete support for LLP registration online, ensuring a seamless, error-free experience from start to finish.

    If you’re wondering how to register an LLP company in India or need assistance with the New LLP Registration Process, our experts are just a call away. We’ll guide you through every step — from documentation and filing to compliance and beyond.