Get clear answers to frequently asked questions about proprietorship setup, benefits, legal formalities, and compliance—so you can start your business in India with clarity and confidence.
A Limited Liability Partnership (LLP) is a modern and flexible business model that merges the benefits of partnerships and corporate structures. It offers entrepreneurs a collaborative framework with the protection of limited liability, making LLP registration in India a smart choice for startups and growing businesses.
Registering your LLP in India is now a smooth and affordable experience with India Company Setup. Trusted by many, we simplify the process of setting up your LLP and ensure full regulatory compliance. Our team of experts will support you throughout the digital registration process—from start to finish. It’s the fastest and most cost-effective method of LLP company registration. Just get in touch, and let us help you build a successful future through online LLP registration.
A Limited Liability Partnership is a distinctive business model that combines aspects of a traditional partnership and a private limited company. LLPs grant partners limited liability—similar to shareholders—while retaining operational flexibility. This structure creates a separate legal entity that can own property, enter contracts, and face litigation independently of its partners.
Introduced in India through the Limited Liability Partnership Act of 2008, LLPs have gained popularity due to their reduced compliance requirements and strong asset protection, making them ideal for entrepreneurs across industries.
To be eligible for LLP company registration, the following criteria must be met:
Minimum Two Partners: You must have at least two partners to form an LLP. There is no upper limit on the number of partners.
Designated Partners: A minimum of two designated partners is required, and they must be individuals. At least one must reside in India.
Representative for Body Corporate: If a company is a partner, it must nominate a person to represent it.
Capital Contribution: Each partner must contribute to the LLP’s capital, as agreed upon in the partnership agreement.
Minimum Authorized Capital: At least ₹1 lakh is required as authorized capital to initiate LLP registration.
Resident Partner: One designated partner must be an Indian resident.
Meeting these prerequisites allows you to proceed smoothly with the LLP registration process.
Here are the essential characteristics of an LLP that guide the registration process in India:
Separate Legal Entity: Like a corporation, an LLP is legally distinct from its partners.
Minimum Two Members: At least two individuals are needed to initiate an LLP.
Unlimited Maximum Partners: There’s no cap on the number of partners, promoting scalability.
Designated Partners Requirement: At least two designated partners must be individuals, and one must reside in India.
Limited Liability: Each partner’s liability is restricted to their investment in the LLP, shielding personal assets.
Budget-Friendly Setup: LLP formation is less expensive than incorporating a private company.
Simplified Compliance: LLPs have fewer regulatory obligations, making maintenance easier.
No Minimum Capital
Requirement: You can start an LLP with any amount that partners agree upon.
The advantages of registering an LLP in India include:
Independent Legal Status: An LLP can function independently, enter contracts, and hold assets.
Limited Partner Liability: Partners are not personally liable for debts beyond their investment.
Cost and Compliance Efficiency: Lower registration and compliance costs compared to private limited companies.
Flexible Capital Investment: No fixed capital is needed—partners can contribute any agreed amount.
While LLPs offer numerous benefits, they also come with a few limitations:
Penalties for Non-Compliance: Despite reduced formalities, failing to meet legal obligations can lead to heavy penalties—even for inactive LLPs.
Dissolution Triggers: LLPs must be dissolved if they have fewer than two partners for more than six months or become insolvent.
Funding Limitations: LLPs cannot raise equity capital like companies, which may hinder access to large investments.
When selecting a name for your LLP, ensure it is:
– Unique and not similar to existing business entities.
– Descriptive of your business nature or services.
– Ended with “LLP” or “Limited Liability Partnership” to reflect its legal structure.
To proceed with LLP registration online, you will need:
– PAN/ID Proof of All Partners.
– Address Proof: Such as passport, voter ID, driving license, or Aadhaar.
– Residential Proof: Latest utility bills or bank statements.
– Passport-Size Photographs with a white background.
– For Foreign Nationals/NRIs: Passport and proof of address (bank statement, license, government ID, etc.).
– Proof of Registered Office Address: Rent agreement, NOC from landlord, and recent utility bill.
– Digital Signature Certificate (DSC): Required for at least one designated partner.
Online LLP Registration Process
Here is a step-by-step guide on how to register your LLP online in India:
1. Obtain a Digital Signature Certificate (DSC)
All proposed partners of the LLP must obtain a Digital Signature Certificate (DSC) since all government filings require digital signatures.
2. Obtain Director Identification Number (DIN)
Partners without a DIN need to apply for one. The Director Identification Number (DIN) is a unique identification number assigned to individuals aspiring to become directors or designated partners in LLPs.
3. Choose a Name for the LLP
Select a unique and suitable name for your LLP registration online, adhering to Ministry of Corporate Affairs guidelines.
4. Form for LLP Incorporation (FiLLiP)
This form collects essential information about the proposed LLP, partners, LLP agreement, and registered office address. It includes a declaration from partners consenting to act as designated partners and comply with LLP regulations.
5. Draft LLP Agreement:
Create the LLP Agreement outlining partner rights, duties, and obligations. This agreement must be notarized and filed with the Ministry of Corporate Affairs within 30 days of LLP incorporation.
5. Obtain a Certificate of Incorporation
Once forms and documents are filed and verified, the Registrar of Companies (RoC) will issue the Certificate of Incorporation, officially recognizing the LLP’s existence.
6. Apply for PAN and TAN
After obtaining the Certificate of Incorporation, apply for the Permanent Account Number (PAN) and TAN to complete the process of how to register LLP in India.
You can complete the Limited Liability Partnership (LLP) registration online and embark on your entrepreneurial venture by diligently following these steps.
1. Experienced Professionals: Our skilled team knows the ins and outs of LLP company registration. We’ll provide you with accurate information, ensuring you grasp each step.
2. Name Availability: We’ll help you check if your desired Limited Liability Partnership (LLP) name is available and reserve it according to the rules.
3. DSCs and DINs: We’ll assist you in getting the Digital Signature Certificates (DSCs) and Director Identification Numbers (DINs) necessary for the process.
4. LLP Agreement: Our experts will aid in drafting the LLP Agreement, ensuring it’s legally sound. We’ll also manage to file the required documents with the authorities, keeping things accurate and compliant.
5. PAN and TAN Application: We’ll simplify the application process for your LLP’s Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN).
6. Customer Support: We’re here for you. Our customer support will address your questions, ensuring your LLP registration process journey is seamless.
7. Affordable LLP registration fees: Our LLP registration fees are designed to be affordable with high-quality service including, MCA name approval, instant filing, name choices, etc., for a seamless startup experience.
8. Timely Updates: You’ll receive timely updates on your LLP company registration progress, keeping you informed every step of the way.
The procedure for obtaining a Shop and Establishment registration certificate differs depending on state. It’s accessible offline and online. Most states allow one to obtain Shop and Establishment Act registration in two to three weeks. India Company Setup simplifies the registration process for a proprietorship firm.
In most sectors and businesses, a proprietorship can engage any kind of business activity that an Indian person is qualified for. Some industries, meanwhile, including banking, insurance, financial services, lending, defence, and telecommunication, call for specific authorisation. Under such circumstances, a business is legally obliged to get several Government approvals. Therefore, the structure of a proprietorship only fits for small-scale, business operations. This could be one of the restrictions of the registration of the proprietorship firm.
Some compliances relevant for a sole proprietorship registration are listed below:
Income Tax Filing: The business owner of a proprietorship will have to file a personal income tax return using the form ITR-3 or ITR-4.
Only income tax forms ITR-3 and ITR-4 let one declare company income. Hence, all proprietorships will have to file form ITR-3 or ITR-4 to be compliant with the income tax regulations.
GST Return Filing: If a proprietorship has GST registration, GST return must be filed every month and quarter as per the scheme under which the business is registered.
TDS Returns: In case the proprietorship is having employees or purchasing goods/services beyond a certain threshold – tax must be deducted at source and TDS returns must be filed every quarter.
In addition to the above, various other compliance requirements maybe applicable to the proprietorship based on industry and location.
At India Company Setup, we deliver a complete suite of business services to help you start, grow, and manage your company with ease. From registration to regulatory compliance, our expert support ensures your business stays legally sound and financially organized.
Our expert bookkeeping ensures every transaction is correctly recorded, reducing compliance errors and giving you a clear picture of your company’s financial health — crucial for GST, Income Tax, and MCA filings.
Focus on growing your business while we manage your books. By outsourcing to us, you eliminate the burden of paperwork, reconciliations, and regulatory upkeep — saving you both time and effort.
We help you monitor income and expenses in real time, so you maintain a healthy cash position, make informed decisions, and avoid last-minute cash crunches or missed tax deadlines.
To establish an LLP in India, you need a minimum of two Designated Partners. These partners must be at least 18 years old and possess a valid Indian address. Designated Partners can be individuals or corporate entities such as companies. Additionally, foreign nationals, foreign companies, and foreign LLPs are eligible to be appointed as Designated Partners.
The cost of registering an LLP varies based on the number of partners and the capital contribution from each. Additional charges may include stamp duty, professional service fees, and government filing costs.
Yes, LLPs must register for GST if they provide taxable goods or services. Once registered, they must also file GST returns regularly, as per applicable laws.
LLP registration is entirely online. You simply need to upload the necessary documents, and our team will handle follow-ups and process the application on your behalf.
A DPIN is a unique identification number assigned to individuals who wish to become Designated Partners in an LLP. It is mandatory for both current and aspiring partners.
Get clear answers to frequently asked questions about proprietorship setup, benefits, legal formalities, and compliance—so you can start your business in India with clarity and confidence.
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At India Company Setup, we simplify the process of starting your proprietorship. Our expert team ensures hassle-free registration, timely support, and personalized guidance to help you launch with confidence.
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