Limited Liability Partnership(LLP)
A business structure that combines **flexibility** with **limited liability** — perfect for professionals and startups seeking protection and structure.
Overview
A Limited Liability Partnership (LLP) is a modern business structure under the LLP Act, 2008, combining the operational flexibility of a partnership with the **limited liability** of a company. It is ideal for small businesses, startups, and professionals who want minimal compliance with structured benefits.
Key Benefits
Limited Liability Protection to partners' personal assets
Better image and credibility in the Market
No Audit Requirement & Minimal Compliances
Continuity of Business
Prerequisites
Minimum 2 partners
If a body corporate is a partner, it must nominate a natural person as its nominee
No concept of share capital — partners contribute agreed capital
Documents needed are same as for a private limited company (PAN, Identity Proof, Address Proof for partners)
What You'll Receive
DIN for 2 partners
DSC for 1 partner
LLP Incorporation Certificate
LLP Agreement
LLP PAN Card
LLP TAN/TDS Number
Bank account opening document support
Frequently Asked Questions
You need to arrange very simple documents of the partners like a photograph, PAN card, and one address proof.
No, commercial office space is not required. You can show your own residential or rented home address as the registered office address of the LLP. This address can be changed anytime later.
The ROC is a Government office with whom LLPs and companies get registered. Every state has one ROC office, except Maharashtra and Tamil Nadu which have two each.
No. A complete online incorporation process is available. All documentation and interaction with the ROC are handled digitally.
No. Once the LLP is formed, it remains valid until officially closed. However, basic annual returns must be filed with the ROC.
A Director Identification Number (DIN) is a unique number required for a person to become a designated partner in an LLP. It is issued by the Ministry of Corporate Affairs.
A Digital Signature Certificate (DSC) is an electronic signature used to sign electronic forms filed with the ROC for incorporation.
Yes, the LLP office address can be changed anytime after incorporation.
The LLP Agreement contains the bylaws or rules based on which important matters like business nature, capital contribution, and meetings are decided.