An LLP gives you the flexibility of a partnership and the protection of a company — limited liability, a separate legal identity, and simpler compliance than a Private Limited company. Khajanchi Brothers connects you with experienced registration professionals and manages your entire LLP incorporation journey online, from DSC to Certificate of Incorporation, in 10–14 working days.
Free consultation · Clear quote · No advance payment to start
An LLP is the ideal structure for professionals, service businesses, and multi-partner ventures that want legal protection without heavy compliance obligations.
Management consultants, HR consultants, financial advisors, and strategy firms partnering together benefit from LLP's flexible profit-sharing and limited liability.
Two or more tech co-founders who want a formal legal structure with lower compliance than a Pvt Ltd — especially in the early stage before seeking VC investment.
Architects, interior designers, civil engineers, and creative studios partnering together — LLP is the preferred professional firm structure for design practices.
Co-founders running coaching centres, EdTech platforms, training academies, or professional skill development programmes — LLP gives structure without excessive compliance.
Diagnostic centres, clinics with multiple doctors, physiotherapy centres, dental partnerships, and wellness studios seeking a legally recognised business entity.
Advertising agencies, digital marketing firms, content studios, PR firms, and creative agencies with 2–5 partners who want a proper legal structure for contracts and invoices.
Two or more partners engaged in domestic or international trade who need a formal entity for GST, DGFT Importer Exporter Code (IEC), and trade finance facilities.
Accounts outsourcing firms, bookkeeping services, payroll management firms, and financial modelling studios run as a partnership — LLP is the most suitable structure.
An LLP is not just a middle ground between a partnership and a company — it is a genuinely superior structure for certain business types. Here is why.
Each partner's liability is limited to their agreed contribution to the LLP. Unlike a traditional partnership, no partner can be held personally liable for the negligence or wrongdoing of another partner. Your personal savings, property, and assets remain safe from business creditors.
The LLP is a legal entity in its own right — separate from its partners. It can own property, sign contracts, open bank accounts, sue, and be sued in its own name. The LLP continues to exist even if partners change — providing perpetual succession.
An LLP files only two annual forms with MCA — Form 8 (Statement of Account & Solvency) and Form 11 (Annual Return). No mandatory AGM, no Board meetings to record, and no mandatory statutory audit unless turnover exceeds ₹40 Lakh or contribution exceeds ₹25 Lakh.
An LLP is taxed at 30% on profit (plus surcharge and cess). However, remuneration paid to designated partners and interest on capital is deductible as business expense — reducing taxable profit significantly. Partners are taxed individually only on remuneration received, not on the LLP's share of profits distributed to them.
The LLP Agreement governs how the LLP is managed — profit-sharing ratio, roles and responsibilities of each partner, admission of new partners, rights in case of disputes, and exit mechanisms. Unlike a company's Articles of Association, an LLP Agreement can be customised extensively to suit the partners' commercial arrangement.
There is no minimum capital contribution required to register an LLP in India. You can register with a contribution as low as ₹1. Each partner's contribution — whether in cash, property, or services — is recorded in the LLP Agreement, and MCA fees are based on total contribution amount.
No hidden extras. Every step of your LLP incorporation is managed by our team — from your first message to your Certificate of Incorporation and LLP Agreement filing.
Class 3 DSC for all designated partners — mandatory for MCA21 FiLLiP form filing.
✓ IncludedUnique Designated Partner Identification Number (DPIN) for each partner, applied simultaneously during incorporation.
✓ IncludedName availability search + RUN-LLP application on MCA21. Up to 2 name options submitted. Strategy guidance on names likely to be approved.
✓ IncludedForm for Incorporation of LLP (FiLLiP) — the integrated form filed on MCA21 portal with all partner and registered office details.
✓ IncludedOfficial CI issued by the Registrar of Companies (ROC) with your LLP Identification Number (LLPIN) — your LLP is now a legal entity.
✓ IncludedComprehensive LLP Agreement drafted — profit-sharing, partner roles, capital contribution, entry/exit provisions — and filed on Form 3 within 30 days of incorporation.
✓ IncludedLLP's PAN (for income tax) and TAN (for TDS deductions) applied and received. Mandatory for opening a current bank account and tax compliance.
✓ IncludedComplete guide on post-incorporation steps — current account, GST, Form 8 and Form 11 due dates, and first-year compliance roadmap.
✓ ComplimentaryAdd-On Services (optional, separately quoted)
GST Registration · MSME / Udyam Registration · Startup India DPIIT Recognition · Trademark Filing · Current Account Opening Assistance · IEC (Import Export Code)
From your first message to your Certificate of Incorporation and filed LLP Agreement — here is exactly what happens, in sequence. No guesswork.
Contact us via WhatsApp, form, or call. We understand your business, number of partners, profit-sharing expectations, and sector — and confirm whether LLP is the right structure for you. We also advise on LLP naming rules and what makes a valid, approvable LLP name on MCA. No payment required.
Share PAN, Aadhaar, address proofs, passport photos, and registered office documents for all designated partners via WhatsApp or email. We review all documents, flag any issues before submission, and prepare the complete document set for MCA. Everything over WhatsApp — no office visit needed.
We apply for Class 3 Digital Signature Certificates for all designated partners — required for electronically signing MCA21 forms. DPIN (Designated Partner Identification Number) is applied for simultaneously. DSC is typically issued within 1–2 working days after identity verification.
We file the RUN-LLP (Reserve Unique Name for LLP) application on MCA21 with your preferred names. MCA approves or rejects within 1–3 working days. We advise on name strategy to maximise first-time approval chances — avoiding common rejection reasons such as similarity to existing LLPs, companies, or trademarks.
We prepare and file the FiLLiP (Form for Incorporation of LLP) on MCA21 — including registered office details, partner information, DPIN, and contribution details. PAN and TAN applications are embedded in the FiLLiP form — issued simultaneously with the Certificate of Incorporation. No separate applications needed.
The Registrar of Companies (ROC) issues the Certificate of Incorporation with your LLP Identification Number (LLPIN), LLP PAN, and LLP TAN. We deliver the complete incorporation kit — CI, PAN, TAN, DPIN letters — via WhatsApp and email. Your LLP is now a legally recognised entity in India.
The LLP Agreement must be filed with MCA on Form 3 within 30 days of the Certificate of Incorporation. We draft a comprehensive LLP Agreement covering: profit-sharing ratio, partner roles & responsibilities, capital contributions, partner remuneration and interest, admission of new partners, partner exit and retirement procedures, and dispute resolution. This is a critical document — not a template. Failure to file Form 3 within 30 days attracts a penalty of ₹100 per day — which is why we track this deadline for every client.
We guide you on the next steps: opening a current bank account in the LLP's name (using CI, PAN, LLP Agreement), GST registration (if applicable), MSME/Udyam registration, Startup India DPIIT recognition (if eligible), IEC for import-export, and your annual compliance calendar — Form 8 (due by 30th October) and Form 11 (due by 30th May) every year.
LLP registration requires minimal documentation — all of which can be shared via WhatsApp as a photo or PDF. No physical submission is needed at any stage.
Valid PAN of every proposed designated partner — used for identity verification and DPIN application.
For DSC identity verification. Aadhaar-linked mobile must be active for OTP-based verification during DSC issuance.
Latest electricity bill of the LLP's registered office (not older than 2 months). If rented — NOC from the property owner is also required.
Any one: Driving Licence, Voter ID, or Passport — with a current residential address for each designated partner.
Recent colour photographs of each proposed designated partner.
Each partner's agreed capital contribution amount — determines MCA stamp duty and government fees. We advise on optimal contribution structure.
Choosing between an LLP and a Private Limited Company is one of the most important decisions for any new business. Here is a complete, honest, parameter-by-parameter comparison.
| Parameter | LLP | Private Limited Company |
|---|---|---|
| Governing Law | LLP Act, 2008 | Companies Act, 2013 |
| Minimum Members | 2 Designated Partners | 2 Directors + 2 Shareholders |
| Separate Legal Identity | ✓ Yes | ✓ Yes |
| Limited Liability | ✓ Yes — limited to contribution | ✓ Yes — limited to share capital |
| Minimum Capital Requirement | ✓ No minimum | ✓ No minimum |
| Statutory Audit | ~ Only if turnover > ₹40L or contribution > ₹25L | ✗ Mandatory every year |
| Annual Compliance Forms (MCA) | ✓ Only Form 8 + Form 11 (2 forms) | AOC-4 + MGT-7 + AGM minutes + more |
| Board Meetings / AGM Required | ✓ No — not mandatory | ✗ Yes — mandatory (4 Board + 1 AGM) |
| Tax Rate on Profits | 30% + surcharge + cess | 22% (existing co.) / 15% (new manufacturing) + surcharge |
| Partner / Director Remuneration Tax-Deductible | ✓ Yes — partner salary/interest deductible | ✓ Yes — director salary deductible |
| Dividend Distribution Tax (DDT) | ✓ No DDT — profit share tax-exempt in hands of partner | Dividend taxed in hands of shareholder |
| Equity Shares & ESOP | ✗ Cannot issue shares or ESOPs | ✓ Can issue equity shares and ESOPs |
| VC / Angel Investor Funding | ✗ Not preferred by investors | ✓ Most preferred structure for investment |
| Foreign Direct Investment (FDI) | ~ Allowed in select sectors with RBI approval | ✓ Widely allowed under automatic route |
| Startup India DPIIT Recognition | ✓ Eligible | ✓ Eligible |
| Conversion | Can convert to Pvt Ltd (with conditions) | Can convert to LLP (with conditions) |
| Registration Timeline | 10–14 working days | 7–10 working days |
| Best For | Service businesses, professionals, consultants, agencies — lower compliance priority | Startups seeking funding, scaling tech ventures, manufacturing businesses |
Not sure which is right for you? Our team helps you choose — free, in 15 minutes.
Get Free Structure Guidance →One of the biggest advantages of an LLP is its lower compliance burden. Here is exactly what your LLP must file annually and when — so you are never caught off-guard.
Discloses the LLP's assets, liabilities, and a solvency declaration signed by designated partners. Required for all LLPs regardless of turnover.
Due: 30th October every yearDetails of designated partners, their contributions, any changes during the year. Filed with MCA every year — mandatory for all LLPs.
Due: 30th May every yearLLP files its income tax return using ITR-5. Taxable at 30% on profit after deducting partner remuneration and interest on capital.
Due: 31st July (non-audit) / 15th November (audit)Required only if annual turnover exceeds ₹40 Lakh or total capital contribution exceeds ₹25 Lakh. Below these limits — no mandatory audit.
Threshold-based — not mandatory for small LLPsAny amendment to the LLP Agreement — change in profit-sharing, partner roles, business activity — must be filed on Form 3 within 30 days of the change.
Within 30 days of change · Penalty: ₹100/dayAppointment, resignation, or cessation of any designated partner must be reported on Form 4 within 30 days of the event.
Within 30 days of partner changeIf you change your LLP's registered office address — within the same state or to another state — file Form 15 with the ROC.
Within 30 days of address changeIf you decide to change your LLP's name, a Form 5 application and RUN-LLP for the new name must be filed.
As and when requiredThe most common questions from professionals and partners considering LLP registration — answered clearly and completely.
📞 Ask Your Question →The most critical difference is limited liability. In a traditional Partnership Firm registered under the Indian Partnership Act, 1932, all partners have unlimited liability — personal assets can be used to pay business debts, and one partner can be held liable for the wrongful acts of another. In an LLP, each partner's liability is limited to their agreed contribution. Personal assets are protected. Additionally, an LLP has a separate legal identity (the firm can own property and sign contracts in its own name), while a traditional partnership firm does not have a separate legal identity — it is not a distinct legal person from the partners. LLPs also have mandatory annual MCA filing requirements (Form 8, Form 11) that traditional partnership firms do not. In practical terms: if you are entering any professional or business relationship with meaningful financial exposure, an LLP is almost always superior to a traditional partnership firm.
Yes — under the LLP Act, 2008, any individual or body corporate can be a partner in an LLP. A body corporate includes a company (Pvt Ltd, public limited), another LLP, or even a foreign company. However, the designated partners — those who are responsible for legal compliances — must be individuals. So while a company can hold a partner's interest in an LLP (as a body corporate partner), at least two designated partners who are individuals must be designated for the LLP to be validly registered. This structure is commonly used for joint ventures or for groups where one entity is a corporate holding vehicle and the actual professionals are the designated partners.
Yes — LLPs are eligible for DPIIT (Department for Promotion of Industry and Internal Trade) Startup India recognition, along with Private Limited Companies and One Person Companies. To be eligible, your LLP must: (1) be incorporated within the last 10 years; (2) have annual turnover below ₹100 Crore in any financial year since incorporation; (3) be working towards innovation, development, deployment, or commercialisation of new products, processes, or services driven by technology or intellectual property; and (4) not have been formed by splitting or reconstructing an existing business. DPIIT recognition brings Section 80IAC tax exemption, angel tax relief, and self-certification compliance benefits. We assist with the complete DPIIT application as an add-on service to LLP registration.
The LLP Agreement is the foundational governance document of your LLP — equivalent to the Articles of Association of a company. It defines the rights, duties, and obligations of every partner. A well-drafted LLP Agreement covers: (1) Profit and loss sharing ratio — how profits and losses are divided. (2) Capital contribution — how much each partner contributes and in what form. (3) Partner remuneration and interest — salary or remuneration payable to working partners and interest on capital contributions (both deductible as LLP expenses for tax purposes — critical for tax planning). (4) Partner roles and decision-making — voting rights, management authority, and decisions requiring unanimous consent. (5) Admission and exit — conditions for admitting a new partner, retirement process, and valuation methodology. (6) Dispute resolution — internal resolution mechanism before approaching courts. The LLP Agreement must be filed on Form 3 within 30 days of incorporation — delay attracts ₹100/day penalty. We draft a comprehensive, commercially sound LLP Agreement — not a generic template — specific to your business and partners. This is included in our LLP registration package.
Yes — an LLP can be converted to a Private Limited Company under Section 366 of the Companies Act, 2013, read with the Companies (Authorised to Register) Rules, 2014. The conversion process involves: (1) Obtaining consent of all partners; (2) Filing URC-1 form on MCA with the required documents (LLP Agreement, list of members, list of creditors, financial statements); (3) MCA issues a Certificate of Incorporation as a Private Limited Company. The LLP's assets, liabilities, contracts, and employees are transferred to the company. The conversion makes sense when your LLP has grown to a stage where you want to raise equity investment from VCs or angel investors, issue ESOPs to employees, or attract a strategic partner who requires a company structure. We assist with LLP-to-Pvt-Ltd conversion — contact us when you reach that stage.
The total cost has two components: (1) Government fees — MCA FiLLiP filing fees (based on total contribution amount), stamp duty on the LLP Agreement (varies significantly by state — stamp duty in Delhi is very different from Maharashtra or Rajasthan), and DSC issuing authority fees. (2) Our professional assistance fee — starting from ₹1,499, covering the complete process from document collection to Certificate of Incorporation and Form 3 filing. We provide a complete, all-inclusive quote — government fees at actuals + our fee + GST — before you pay anything. Most LLPs with a total contribution of ₹1 Lakh are incorporated for a total of ₹5,000–₹15,000 all-in, depending on state stamp duty. WhatsApp us with your state and contribution amount for a precise quote.
Late filing of the mandatory annual LLP forms carries a penalty of ₹100 per day per form — with no upper cap. This means: if you miss Form 11 (due 30th May) by 100 days, the penalty is ₹10,000 for that form alone. Both forms missed by 100 days = ₹20,000 in penalties. Over time, penalties accumulate quickly and can result in the LLP being struck off the MCA register for non-compliance. Additionally, struck-off LLPs face serious problems reopening — the partners may be disqualified from being directors or designated partners of other companies and LLPs during the disqualification period. We offer annual compliance management services — we file Form 8 and Form 11 well before the due date every year, so you never face these penalties.
Fill the form above, WhatsApp us, or call. Our team will respond within 2 hours with a clear plan, a transparent all-inclusive quote, and a personalised document checklist for your LLP. No advance payment to start. No hidden charges. Just your LLP — registered right, the first time.