Complete Guide & Document Checklist
How to Register an LLP in India
Step-by-step process, required documents checklist, costs, timeline, and frequently asked questions
An LLP gives you the flexibility of a partnership with the liability protection of a company. As a partner, you're not personally on the hook for the firm's debts beyond your agreed contribution - making it a popular choice for professionals, consultants, and small service businesses.
Registration happens online through the MCA portal using the FiLLiP form. Compared to a Pvt Ltd company, LLPs have fewer compliance requirements and no mandatory audit (unless your turnover exceeds Rs. 40 lakhs or contribution exceeds Rs. 25 lakhs). Expect 10-15 working days from submission to getting your LLP incorporation certificate.
Timeline
10-15
working days
Cost
Government fee: Rs. 500-5,000 (based on contribution)
Professional assistance: Rs. 3,999-7,999
Who needs this?
You're running a professional practice - CA firm, law firm, architect firm, consulting business
You're a small or medium service business with 2+ partners wanting liability protection
You want a partnership structure but without the unlimited personal liability risk
You're building a startup that won't raise equity funding (LLPs can't issue shares or ESOPs)
You're setting up a joint venture with Indian and foreign partners for a specific project
You want lower annual compliance costs compared to running a Pvt Ltd company
Documents required
Click on any document to see detailed requirements and how to obtain it
17
Total Documents
14
Required
4
Ollvy Handles
Identity Documents
Required for all designated partners
PAN Card
REQof all designated partners (minimum 2 required)
Aadhaar Card
REQof all partners - both sides
Passport-size Photographs
REQ2 photos per partner - recent, professional
Specimen Signature
REQon plain white paper - matching bank/PAN signature
Partner Address Proof
Any one document per partner
Utility Bill
electricity, water, gas - within last 2 months
Bank Statement
latest month with full address visible
Registered Office Documents
Official address of your LLP
Office Address Proof
REQutility bill of LLP premises - recent
Rent Agreement
if rented premises - notarized or registered
NOC from Owner
REQOLLVYowner consent letter - template provided by Ollvy
LLP Details
Information for LLP incorporation
Proposed LLP Names
REQ3 unique names - ending with "LLP"
Business Activity
REQdescription of LLP's main business
Capital Contribution
REQeach partner's contribution amount - no minimum required
Profit Sharing Ratio
REQhow profits will be divided among partners
Digital & Legal
Handled by Ollvy
Digital Signature Certificate
REQOLLVYfor designated partners - Ollvy arranges
DPIN
REQOLLVYDesignated Partner Identification Number - Ollvy applies
LLP Agreement
REQOLLVYdrafted by Ollvy - defines partner rights and obligations
Email ID and Mobile Number
REQunique email and mobile for each designated partner
PAN Card
Identity Documents
What is this?
Your PAN identifies you for tax purposes. In an LLP, every designated partner (the ones who manage the business) needs to provide their PAN. It's how MCA tracks who's running the LLP.
How to get it
Already have PAN? Take a clear photo. Don't have one? Apply at incometax.gov.in - takes about 2 weeks.
Common Issues
Name mismatch between PAN and Aadhaar causes 80% of rejections. If your PAN says "Amit Kumar" but Aadhaar says "Amit Kumar Sharma", fix it before starting.
Requirements
- 01Clear scan of original PAN card
- 02Name must match Aadhaar exactly
- 03At least 2 designated partners mandatory
- 04Body corporates can also be partners (provide CIN, MOA, Board Resolution)
Ready to register your LLP?
Get started with Ollvy. We handle DSC, DPIN, name approval, LLP Agreement drafting, and all MCA filings.
Start LLP RegistrationStep-by-step process
Get Digital Signature Certificates for designated partners
Each designated partner needs a Class 3 DSC. You need at least 2 designated partners, and at least one must be an Indian resident.
Apply for Designated Partner Identification Numbers (DPIN)
DPIN works like DIN for companies - it's a unique ID for each designated partner. You can apply for it directly within the FiLLiP form during incorporation.
Reserve your LLP name using RUN-LLP
Apply for name reservation on the MCA portal. Your name must end with "LLP" or "Limited Liability Partnership" and needs to be unique and not misleading.
File the FiLLiP form on MCA portal
Complete FiLLiP with partner details, designated partners, registered office address, business activities, and total capital contribution. Attach identity and address proofs for everyone.
Draft and file the LLP Agreement
This agreement defines partner rights, duties, profit-sharing ratios, and exit rules. File it with MCA in Form 3 within 30 days of incorporation. Stamp duty varies by state.
Receive your Certificate of Incorporation
MCA issues your LLP Incorporation Certificate with your LLPIN. Then apply for PAN and TAN separately from the Income Tax Department using this certificate.
Complete post-incorporation registrations
Open a business bank account, register for GST if needed, and register for Professional Tax if your state requires it. If you didn't file Form 3 at incorporation, do it now.
Frequently Asked Questions
What's the difference between an LLP and a regular partnership?
The big difference is liability. In a traditional partnership, you're personally liable for the firm's debts and your other partners' mistakes - creditors can go after your personal assets. In an LLP, your liability is limited to what you've contributed. LLPs are also separate legal entities that can own property and sue or be sued in their own name.
Can an LLP raise funding from investors?
LLPs can't issue equity shares or convertible instruments, so VC or angel funding isn't really an option. Partners can bring in capital as contributions, and you can take on debt. If you're planning to raise institutional equity funding, a Private Limited company is the better structure.
Do all LLPs need a statutory audit?
No. You only need an audit if your annual turnover exceeds Rs. 40 lakhs or your total capital contribution exceeds Rs. 25 lakhs. Below those thresholds, the designated partners just certify the accounts themselves.
What annual compliance does an LLP need to handle?
Every LLP must file an Annual Return (Form 11) by 30th May and a Statement of Accounts and Solvency (Form 8) by 30th October each year with MCA - even if you had zero business activity. Income tax returns are due by 31st July (non-audit) or 31st October (audit cases). GST returns apply if registered.
Can a company be a partner in an LLP?
Yes. A body corporate - including a company, another LLP, or a foreign entity - can be a partner in an LLP. But the designated partners responsible for statutory compliance must be individuals.
Common mistakes to avoid
- 01Not filing Form 3 (LLP Agreement) within 30 days - attracts Rs. 100 per day penalty
- 02Drafting a vague LLP Agreement without clear profit-sharing ratios, exit clauses, or dispute resolution
- 03Choosing LLP when you're planning to raise equity funding - you need a Pvt Ltd for that
- 04Selecting the wrong state for your registered office, causing address-related compliance issues
- 05Missing annual Form 8 and Form 11 filings - heavy penalties apply even for dormant LLPs
- 06Forgetting to update the LLP Agreement via Form 3 when partners change or profit-sharing ratios shift