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    LLP has a legal entity separate from its partners

    LLP has perpetual succession

    Suitable for professionals, venture capital & SME

    Get DIN, DSC, LLP agreement, TAN & PAN

    Limited Liability Partnership

    Governed by LLP Act, 2008 in India, LLP is registered online with Registrar of Companies (RoC) under Ministry of Companies (MCA). It has status of artificial judicial person &separate Legal Entity distinct form its partner. LLP is a hybrid of partnership firm & private limited company as it contains both partnership firm and corporate structure. Minimum two partners are required to form a LLP & liability of partners is limited to their respective agreed contribution. There is minimum capital requirement to incorporate a LLP. It is governing is flexible as can be set as per mutual agreement. It also has lesser compliance requirement than private limited company.

    Advantage & Benefit of Limited Liability Partnership


    Status of artificial judicial person

    A Limited Liability Partnership is recognised by law as an artificial legal person which has the privileges, rights & obligations of its own. It can contract, sue or be sued.

    Separate legal entity distinct from its promoters

    Limited Liability Partnership is a separate legal entity distinct from its partners & in case of insolvency partners are not personally liable.

    Limited Liability

    The liability of partner is limited to their agreed contribution.

    Enhanced borrowing capacity

    Banks & other financial institution rely & put more trust with regard to capacity & creditworthiness of LLPs.


    Itoperates on the basis of legal agreement & provides flexibility with regard to legal and procedural requirement.

    Perpetual succession

    It means that Limited liability partnership remains in existence even in case of death of all partners as the ownership of shares are inherited by legal heirs.


    LLP are subjected to certain compliance & Audit report is mandatory after threshold exemption. Also, information is easily available in public domain particularly on Ministry of Corporate Affairs website make it transparent for stakeholders.

    Reliable, reputation, brand value

    Due to compliance, transparency & information in public domain, limited liability partnership place reputation, brand value & reliability in the eyes of stakeholders more than a partnership firm but less than private limited company.

    Compare Options

    BasisPrivate Limited CompanyLimited Liability PartnershipOne Person CompanyPartnership FirmSole Proprietorship
    Suitable ForStart-ups Professional firmsIndividual promotersFamily businessesSmall Businesses
    Investors Attractive Less AttractiveNot preferableUnlikelyNo way
    Limited Liability YesYesYesNoNo
    Taxation BenefitsCertain benefits EfficientbenefitsLowestLowest
    Constant Existence
    Compliance ApplicabilityHighLowHighMinimalMinimal

    Process to register limited liability partnership

    Select a Service
    Make Payment
    Service completed
    STEP 1: Select a Service
    STEP 2: Upload Documents
    STEP 3: Make Payment
    STEP 4: Service completed

    Package & Pricing

    Documents for Online Registration of LLP


    PAN of Partners


    Proof of Partners – DL/Voter ID/ Passport (Any one)


    Address Proof of Partners – Latest 2 month – Telephone/Mobile/Electricity bill/Bank Statement (Any one)


    Photo of Partners


    Email ID of Partners


    Mobile Number of Partners


    Place of Business Address Proof with NOC (Ownership/ Rent Agreement/ Lease deed/ Consent Letter


    Electricity bill of place of business (Latest 2 months)


    1. How many members are required to start a limited liability partnership?
    2. What is the difference between a LLP and general partnership?
    3. What is the difference between LLP &Private limited company?
    4. What is minimum contribution required to start a LLP?
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