Register a Limited Liability Partnership
Limited liability with lighter compliance than a company. Suited to professional firms, consultancies and family businesses that do not plan to raise equity funding.
What is included
- Name reservation (RUN-LLP)
- DSC for 2 designated partners
- DPIN for 2 designated partners
- FiLLiP incorporation filing
- LLP Agreement drafting and Form 3 filing
- PAN and TAN
- Compliance calendar for the first year
What is not included
- Government fees and stamp duty on the LLP Agreement
- Additional partners beyond two
Who needs this
Two or more partners who want limited liability, flexible profit sharing and fewer annual formalities than a Private Limited Company.
Documents required
- Partners: PAN, Aadhaar, photo, address proof under 2 months old
- Registered office proof and owner NOC
- Proposed names, capital contribution and profit-sharing ratio
How it works
Share partner documents and proposed names
We obtain DSCs, reserve the name and file FiLLiP
LLP Agreement is executed and filed within 30 days of incorporation
Timeline
10 to 15 working days. Government processing times are outside our control; we track and follow up on every application.
If you skip it
What this service creates next
Completing this is the start of a recurring set of obligations. Under an AdvisoNet plan these are tracked in your Compliance Passport and handled before they fall due.
- LLP Agreement filing (Form 3) within 30 days
- Form 11 annual return by 30 May each year
- Form 8 statement of accounts by 30 October
- DIR-3 KYC for designated partners
See AdvisoNet plans from ₹1,499 per month
Frequently asked questions
LLP or Private Limited: which is better?
LLPs have lower annual compliance and no dividend distribution complexity, but cannot issue equity to investors or ESOPs. If you plan to raise venture funding, choose a company.
Is audit mandatory for an LLP?
Only when turnover exceeds Rs 40 lakh or contribution exceeds Rs 25 lakh.
Can a foreign national be a partner?
Yes, with at least one designated partner resident in India and FEMA conditions met.
Fees shown are AdvisoNet professional fees exclusive of GST and government charges. Content is general information, not legal advice; applicability depends on facts and current law.