LIMITED LIABILITY PARTNERSHIP (LLP) REGISTRATION
Build Your Partnership With a Structured Limited-Liability Framework
LLP registration provides a formal business structure for partners who want to work together while operating through an LLP framework with defined roles, responsibilities and applicable compliance requirements. From understanding eligibility and preparing incorporation documents to LLP Agreement and post-registration compliance, our dedicated expert team guides you throughout the process.
LLP Incorporation Desk
YOUR DEDICATED EXPERT TEAM
Our dedicated expert team guides you throughout the LLP registration journey — from understanding the structure and eligibility to documentation, incorporation, LLP Agreement and applicable post-registration requirements.
Structure Guidance
Evaluation of partner eligibility, DPIN requisites, resident partner rules, and MCA name search.
Document Review
Auditing partner identity, address proofs, registered office utility proofs, and Form 9 consents.
Incorporation Support
End-to-end execution of RUN-LLP, FiLLiP forms, Class 3 DSC tokens, and obtaining the MCA Certificate.
Compliance Guidance
Custom Form 3 LLP Agreement drafting, state stamp duty checks, and annual Form 8/11 roadmaps.
WHAT IS A LIMITED LIABILITY PARTNERSHIP (LLP)?
Enacted under the Limited Liability Partnership Act, 2008, an LLP is a hybrid corporate vehicle blending the structural flexibility of a partnership with the limited liability protections of an incorporated company.
Separate Legal Entity
An LLP is a distinct juristic person in law. It can own assets, acquire property, enter commercial contracts, sue, and be sued in its own corporate name.
Limited Liability
Partner liability is restricted strictly to their agreed capital contribution. Personal wealth is protected from business debts or negligence of co-partners.
Perpetual Succession
The legal existence of an LLP continues uninterrupted regardless of changes in membership, retirement, insolvency, or death of any partner.
Contractual Governance
Internal management, voting powers, and profit splits are determined through a customized LLP Agreement filed under MCA Form 3.
WHY CHOOSE A LIMITED LIABILITY PARTNERSHIP?
The LLP model provides a contemporary alternative to traditional corporate structures with streamlined administrative overhead.
Protection of Personal Assets
Creditors cannot attach personal homes, bank accounts, or personal property of partners to satisfy company debts.
No Minimum Capital Barrier
There is no statutory minimum paid-up capital mandate. Partners can incorporate with any agreed capital contribution.
Exemption from Mandatory Audit
LLPs are legally exempt from mandatory Chartered Accountant audits if turnover remains below statutory limits (Turnover under ₹40L and Capital under ₹25L).
Deductible Partner Remuneration
Working partners can draw contractual salaries and interest under Section 40(b), optimizing corporate profit margins before tax calculation.
High Institutional Credibility
Incorporation by the MCA with an authentic LLPIN builds substantial trust among domestic enterprises, banks, and government tender authorities.
Lean Corporate Governance
Free from procedural requirements for statutory board meetings, recording minutes books, or filing complex ROC director resolutions.
DESIGNATED PARTNERS — STATUTORY RESPONSIBILITIES
Under Sections 7, 8, and 9 of the LLP Act, 2008, Designated Partners function as the statutory custodians accountable for regulatory compliance.
Designated Partner (DP)
STATUTORY SIGNATORY- Must be a natural individual holding a valid DPIN/DIN from the MCA.
- At least one DP must satisfy the Indian residency criterion (120 days or more).
- Directly responsible for filing Form 8, Form 11, and income tax declarations.
- Subject to statutory penal consequences for MCA filing defaults under the Act.
Non-Designated Partner
INVESTMENT & PROFIT- Can be an individual or body corporate (e.g., Company, LLP, or foreign entity).
- Not statutorily required to obtain a DPIN or hold a Class 3 DSC.
- Entitled to agreed profit shares and capital returns as defined in the agreement.
- Insulated from direct regulatory liabilities for delayed annual MCA filings.
THE LLP AGREEMENT — THE FOUNDATION OF YOUR BUSINESS
Execution of the LLP Agreement on non-judicial stamp paper and online submission in MCA Form 3 within thirty (30) days of incorporation is mandatory.
Name, Registered Office & Business Objects
Defines the approved legal LLP name, registered office address for official MCA notices, and precisely itemizes authorized commercial activities.
State Non-Judicial Stamp Duty Rule
Stamp duty on Form 3 is determined strictly by the state Stamp Act of the registered office location and total capital contribution. Inadequate stamp duty renders the agreement inadmissible as evidence in court until rectified with penalties.
POST-REGISTRATION & ANNUAL COMPLIANCE FRAMEWORK
LLPs operate under strict recurring annual compliance obligations to maintain active MCA status.
MCA Form 11 (Annual Return)
Summary of management, partner changes, and capital contributions filed within 60 days of financial year close.
MCA Form 8 (Statement of Accounts)
Declaration of solvency, assets, and liabilities signed by Designated Partners and certified by a CA/CS.
ITR-5 (Income Tax Filing)
Annual direct tax return filed under ITR-5 taxed at flat 30% plus surcharge and cess.
Statutory CA Audit
Mandatory under Rule 24 only if turnover exceeds ₹40 Lakhs OR capital contribution exceeds ₹25 Lakhs.
HOW TELETAX SOLUTIONS SUPPORTS YOUR LLP
MCA Name Clearance
Screening proposed names against existing company registries and trademark classes to avoid objections.
DSC & DPIN Issuance
Procuring cryptographic Class 3 DSC tokens and applying for Designated Partner DPINs via FiLLiP.
Bespoke Agreement Drafting
Custom legal drafting of the LLP Agreement reflecting exact partner roles, remuneration, and voting rules.
Form 3 Execution & Filing
Assisting in stamping according to state Stamp Acts and submitting Form 3 on the MCA portal within 30 days.
PAN, TAN & Bank Onboarding
Coordinating corporate tax registration and compiling complete KYC resolution dossiers for commercial banking.
Year-Round Compliance Desk
Dedicated compliance management covering Form 11 annual returns, Form 8 solvency statements, and ITR-5.
YOUR LLP, GUIDED BY A DEDICATED EXPERT TEAM
From partner documentation and LLP incorporation to agreement preparation and post-registration compliance, our dedicated expert team helps you navigate the process with clarity.
FREQUENTLY ASKED QUESTIONS
Authoritative statutory clarification regarding Limited Liability Partnership formation and compliance in India.