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Limited Liability Partnership Registration
Protect your partners and scale confidently with a legally compliant LLP registration tailored for business success.
What is a Limited Liability Partnership?
A Limited Liability Partnership (LLP) is a legally recognised business structure governed by the Limited Liability Partnership Act, 2008. In India, LLPs are becoming the go-to choice for businesses seeking flexibility and legal protection. With over 2.5 lakh LLPs registered in India, this model is ideal for startups, consultants, professional firms and SMEs looking for an efficient yet low-maintenance business entity.
Unlike the conventional partnership firms, LLPs safeguard personal assets while allowing partners to define their roles and profit-sharing terms without difficulties. LLPs are exempted from the mandatory meetings and compliance filings, thus reducing the overall administrative burdens. This makes LLPs a preferred choice for businesses looking for growth while maintaining cost-effective legal compliance.
LLP Registration Services
How MSA Can Help You Register Your LLP
Registering your business as an LLP involves more than just filing paperwork; it also requires effective planning, compliance accuracy and a strong understanding of legal requirements. That is why our experts will simplify the process, ensuring your business is set up efficiently and fully compliant with regulatory guidelines.
Get StartedHere is how we make your LLP registration smooth and effective:
- Getting Your LLP Name Approved: We handle the entire LLP registration process, from securing a unique name to ensuring compliance with Ministry of Corporate Affairs (MCA) guidelines.
- Setting Up Digital Signatures & Partner IDs: We assist in obtaining the Digital Signature Certificate (DSC) and Director Identification Number (DIN) for all designated partners, which is a mandatory requirement for LLP incorporation.
- Drafting & Filing the LLP Agreement: For an LLP it is important to have a well-structured LLP agreement and our legal team helps you with making custom agreements aligned with your business goals.
- Registering Your LLP with the ROC: From Form FiLLiP submission to document verification, we manage the entire registration process with the Registrar of Companies (ROC).
- Getting Your Business Registrations Done: After incorporation, we help you get PAN, TAN, and GST registration, so your LLP is fully compliant and ready to operate.
- Helping You Stay Compliant: Post-registration, we assist with opening a business bank account, getting Shops & Establishment or Professional Tax registration (if needed), and handling annual filings - so you can focus on running your business.
Overview
In recent years, Limited Liability Partnership (LLP) has emerged as the most prefered option for businesses in India. In India, the number of LLPs registered in the first three quarters of FY2024 has increased by approximately 54% - compared to the same period in the previous year. This indicates the increasing popularity of this business model. (Source)
LLP: The Modern Business Structure Built for Growth
As new businesses evolve, many of them are choosing LLPs for their flexible and legally secure framework. Whether you are a startup, a consultancy or a growing enterprise, an LLP offers the perfect balance of limited liability, operational freedom, and tax efficiency. It give you the credibility of a corporate entity while keeping compliance simple and low maintenance costs.
Why businesses are making the shift to LLPs:
- LLPs provide limited liability protection, meaning partners are only responsible for what they agree to contribute - unlike in general partnerships.
- Compared to private limited companies, registering an LLP is easier, with fewer compliance requirements and no mandatory board meetings.
- LLPs are subject to a flat income tax rate of 30% and do not have to pay dividend distribution tax (DDT).
- They also allow for 100% Foreign Direct Investment (FDI) under the automatic route, making them an excellent option for businesses looking to expand globally. (Source)
- No mandatory audits unless turnover exceeds ₹40 lakh or capital exceeds ₹25 lakh, reducing compliance costs.
The Numbers Speak for Themselves: Over 2.5 lakh LLPs have been registered in India, making it a popular choice for businesses. With structured compliance and a growth-oriented legal framework, LLPs provide a strong base for businesses looking to scale efficiently.
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