LLP Registration Fees: How much does an LLP cost in India?

Dec 20, 2024
Private Limited Company vs. Limited Liability Partnerships

Starting a business in India is an exciting journey, but it begins with one crucial decision—choosing the right business structure. For entrepreneurs, particularly those leading small and medium enterprises (SMEs), a Limited Liability Partnership (LLP) has emerged as a favoured choice. 

This is due to its unique combination of the operational flexibility of a traditional partnership and the protective shield of limited liability that separates personal assets from business obligations.

An LLP is governed by the Limited Liability Partnership Act of 2008, which provides a robust legal framework and ensures a balance between flexibility and compliance. This structure is ideal for businesses looking to scale steadily while enjoying benefits like simplified compliance procedures and protection against unlimited liability.

In this blog, we’ll explain the various expenses associated with LLP registration online in India, including mandatory fees, additional charges, and professional costs. 

Table of Contents

How Much Does an LLP Cost in India?

The cost of LLP registration in India depends on multiple factors, including government fees, professional assistance, and other associated charges. Here’s a detailed breakdown of LLP registration fees:

1. LLP Registration Fees

The government fees for LLP registration are based on the contribution amount:

  • For a contribution of up to ₹1 lakh: ₹500
  • For a contribution between ₹1 lakh and ₹5 lakhs: ₹2,000
  • For a contribution between ₹5 lakhs and ₹10 lakhs: ₹4,000
  • For a contribution above ₹10 lakhs: ₹5,000

2. Digital Signature Certificate (DSC) Fees

At least one designated partner must obtain a Digital Signature Certificate (DSC) to sign and file documents online. Depending on the certifying authority, the cost of a DSC typically ranges from ₹2,000 to ₹4,000 per partner.

3. Professional Fees

While registering an LLP can be done independently, most entrepreneurs prefer to consult professionals (legal advisors or company secretaries) to ensure compliance. These fees can vary widely depending on the platform.

4. Stamp Duty Fees

Stamp duty is state-specific and varies based on the LLP’s contribution amount and the location of its registered office. On average, stamp duty can range from ₹500 to ₹5,000.

5. Name Reservation Fees

Reserving a unique name for your LLP costs ₹200 per application. This step ensures your chosen name complies with MCA guidelines.

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Other Costs Involved in Registering an LLP in India

Apart from the mandatory registration fees, here are additional LLP registration charges to consider:

1. LLP Agreement Drafting Charges

Drafting the LLP agreement, which outlines the rights, duties, and profit-sharing ratios of the partners, typically costs between ₹2,000 and ₹10,000, depending on complexity and professional assistance.

2. Notarisation Charges

Once the LLP agreement is drafted, it needs to be notarised. The charges for notarisation depend on the contribution amount and the state in which the LLP is registered, averaging ₹500 to ₹2,000.

3. Late Filing Penalties

Timely filing of required forms is crucial to avoid penalties. For instance, the late filing fee for Form 3 (LLP Agreement) is ₹100 per day of delay. Budgeting for timely compliance ensures you avoid these avoidable costs.

Professional Legal Charges Involved in Registering an LLP in India

When setting up a business, time is of the essence, and navigating the registration process can be overwhelming, especially for first-time entrepreneurs. While the government fees for LLP registration are standardised, the professional fees for legal and compliance services can vary depending on your required scope of assistance.

Engaging a qualified professional may feel like an added expense initially, but it can save you significant time, stress, and potential errors in the long run.

Here’s why hiring a professional for your LLP registration is worth the investment:

  • Drafting the LLP Agreement: The LLP agreement is more than just a legal document—it’s the backbone of your business operations. It defines the roles, responsibilities, profit-sharing ratios, and decision-making processes among partners. 
  • Name Reservation Assistance: Choosing the right name for your LLP can be tricky. The Ministry of Corporate Affairs (MCA) has stringent guidelines to ensure uniqueness and avoid duplication.
  • Digital Signature Certificate (DSC): A Digital Signature Certificate (DSC) is mandatory for designated partners to sign and file documents electronically during the registration process. Professionals assist in obtaining the DSC efficiently, ensuring you meet this requirement without delays.

At Razorpay Rize, we simplify the registration process by offering end-to-end support, covering everything from drafting agreements and obtaining DSCs to securing name reservations. 

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Our LLP package includes:

  • Company Name Registration
  • Digital Signature Certificate (DSC) tokens
  • DSC shipping & support
  • Designated Partner’s Identification Numbers (DPIN)
  • Certificate of Incorporation(COI)
  • LLP Agreement
  • Company PAN & TAN

With our team of experts managing the legalities, you can focus on building and growing your business confidently.

Frequently Asked Questions

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Register your Business starting at just 1,499 + Govt. Fee

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Register your Limited Liability Partnership in just 1,499 + Govt. Fee

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Private Limited Company
(Pvt. Ltd.)

1,499 + Govt. Fee
BEST SUITED FOR
  • Service-based businesses
  • Businesses looking to issue shares
  • Businesses seeking investment through equity-based funding


Limited Liability Partnership
(LLP)

1,499 + Govt. Fee
BEST SUITED FOR
  • Professional services 
  • Firms seeking any capital contribution from Partners
  • Firms sharing resources with limited liability 

One Person Company
(OPC)

1,499 + Govt. Fee
BEST SUITED FOR
  • Freelancers, Small-scale businesses
  • Businesses looking for minimal compliance
  • Businesses looking for single-ownership

Private Limited Company
(Pvt. Ltd.)

1,499 + Govt. Fee
BEST SUITED FOR
  • Service-based businesses
  • Businesses looking to issue shares
  • Businesses seeking investment through equity-based funding


One Person Company
(OPC)

1,499 + Govt. Fee
BEST SUITED FOR
  • Freelancers, Small-scale businesses
  • Businesses looking for minimal compliance
  • Businesses looking for single-ownership

Private Limited Company
(Pvt. Ltd.)

1,499 + Govt. Fee
BEST SUITED FOR
  • Service-based businesses
  • Businesses looking to issue shares
  • Businesses seeking investment through equity-based funding


Limited Liability Partnership
(LLP)

1,499 + Govt. Fee
BEST SUITED FOR
  • Professional services 
  • Firms seeking any capital contribution from Partners
  • Firms sharing resources with limited liability 

Frequently Asked Questions

How Much Will It Cost for LLP Registration?

LLP registration fees in India range from ₹7,000 to ₹25,000 or more, including government fees, DSC, professional assistance, and stamp duty. The exact cost depends on the contribution amount and location.

What is the Stamp Duty for LLP?

Stamp duty varies by state and contribution amount. It generally ranges from ₹500 to ₹5,000 or 0.1%–0.2% of the total contribution, depending on state regulations.

Mukesh Goyal

Mukesh Goyal is a startup enthusiast and problem-solver, currently leading the Rize Company Registration Charter at Razorpay, where he’s helping simplify the way early-stage founders start and scale their businesses. With a deep understanding of the regulatory and operational hurdles that startups face, Mukesh is at the forefront of building founder-first experiences within India’s growing startup ecosystem.

An alumnus of FMS Delhi, Mukesh cracked CAT 2016 with a perfect 100 percentile- a milestone that opened new doors and laid the foundation for a career rooted in impact, scale, and community.

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Startup Accelerators of MeitY for Product Innovation, Development, and Growth (SAMRIDH)

Startup Accelerators of MeitY for Product Innovation, Development, and Growth (SAMRIDH)

SAMRIDH or Startup Accelerators of MeitY for Product Innovation, Development, and Growth, launched by the Ministry of Electronics and IT, aims to provide funding and acceleration to startups, predominantly software startups.

Description Who is it for? Benefits
To provide funding support to the tech and software startups with proof of concept & innovations. For Tech & Software startups Under this scheme, startups can get funding of up to Rs. 40 lakhs based on current valuation and growth stage through selected accelerators.

The investment is extensively for brilliant solutions and proof of concepts through selected accelerators. The selected accelerators are responsible for providing a customized acceleration program for 300 selected startups.

Startup Accelerators of MeitY for Product Innovation, Development, and Growth (SAMRIDH)

Table of Contents

Features of SAMRIDH Scheme

Features of SAMRIDH Scheme
  • The SAMRIDH scheme provides your startup which already has brilliant solutions and proof of concept for their product, better facilities to enhance the product using innovative technologies for the market with a solid business plan.
  • The scheme provides a platform to enhance your products and secure investment for scaling your business.
  • Once your startup gains traction, there is a gap in accessing the growth stage funding to scale up the operations,and the scheme is filling up this gap for startups.
  • The scheme supports existing and upcoming Accelerators to select and accelerate potential IT-based startups to scale to solve India's problems and create positive social impact.

Eligibility for SAMRIDH Scheme

For Startups

  • Must be recognized by DPIIT.
  • Must be in the Early-growth stage.
  • The product of the startup must be software-based.

For Accelerators

  • Must have operations in India.
  • Must have been in the business of incubation for more than three years and supported more than 50 startups.
  • Must have the required infrastructure and targeted acceleration programs.

Application procedure for Startups

The application procedure primarily comprises the following steps:

  • Visit https://meitystartuphub.in.
  • On the homepage, click on “Register” under the Startup section.
  • The registration page will appear. Fill in all the requisite details and click on the “Submit” button.
  • Following registration, one can "log in" to the page for further access by filling in the username and password.

Benefits of SAMRIDH

  • This scheme provides a platform for product development and business scaling in terms of investment.
  • To provide customer connect, investor connect, and international connect services.
  • Up to Rs 40 lakh will be provided to the startups according to their current valuation and growth stage through accelerators..
  • Customized acceleration programs for startups and provided product and capacity enhancement services.

Post-Selection Process for SAMRIDH Scheme

The ​​MeitY SAMRIDH Scheme will be implemented through the MeitY Startup Hub (MSH). The selected Accelerator will be responsible for developing personalized acceleration programmes, and the budget for each startup is Rs. 2 lakh.

The services include- Co-learning, networking, expert diagnosis, and negotiation of investment funding from Angel Investors. A maximum of 10 businesses and a minimum of 5 startups working in the sphere of software products can be helped by a shortlisted accelerator.

MSH will take equity in startups for the government's contribution via Promissory/SAFE Note, the same as Accelerator, which will be utilized to sustain the program.The startup's exit may be executed by MSH or its appointed entity holding the company's equity, subject to approval from SMC. Biannual assessments of startups within the portfolio will be conducted, and the resulting reports will inform decisions regarding exiting from the startup.

Frequently Asked Questions

rize image

Register your Business at just 1,499 + Govt. Fee

Register your business
rize image

Register your Private Limited Company in just 1,499 + Govt. Fee

Register your business
rize image

Register your One Person Company in just 1,499 + Govt. Fee

Register your business
rize image

Register your Business starting at just 1,499 + Govt. Fee

Register your business
rize image

Register your Limited Liability Partnership in just 1,499 + Govt. Fee

Register your business

Private Limited Company
(Pvt. Ltd.)

1,499 + Govt. Fee
BEST SUITED FOR
  • Service-based businesses
  • Businesses looking to issue shares
  • Businesses seeking investment through equity-based funding


Limited Liability Partnership
(LLP)

1,499 + Govt. Fee
BEST SUITED FOR
  • Professional services 
  • Firms seeking any capital contribution from Partners
  • Firms sharing resources with limited liability 

One Person Company
(OPC)

1,499 + Govt. Fee
BEST SUITED FOR
  • Freelancers, Small-scale businesses
  • Businesses looking for minimal compliance
  • Businesses looking for single-ownership

Private Limited Company
(Pvt. Ltd.)

1,499 + Govt. Fee
BEST SUITED FOR
  • Service-based businesses
  • Businesses looking to issue shares
  • Businesses seeking investment through equity-based funding


One Person Company
(OPC)

1,499 + Govt. Fee
BEST SUITED FOR
  • Freelancers, Small-scale businesses
  • Businesses looking for minimal compliance
  • Businesses looking for single-ownership

Private Limited Company
(Pvt. Ltd.)

1,499 + Govt. Fee
BEST SUITED FOR
  • Service-based businesses
  • Businesses looking to issue shares
  • Businesses seeking investment through equity-based funding


Limited Liability Partnership
(LLP)

1,499 + Govt. Fee
BEST SUITED FOR
  • Professional services 
  • Firms seeking any capital contribution from Partners
  • Firms sharing resources with limited liability 

Frequently Asked Questions

What documents are required to apply for the SAMRIDH Scheme?

The documentation requirements may vary depending on the lending institution, but generally, applicants need to provide identity proof, address proof, income proof, and business-related documents.

What are the key benefits of the SAMRIDH Scheme?

The key benefits of the SAMRIDH Scheme include financial support, access to investment opportunities, and promotion of entrepreneurship with the help of the accelerators.

Which accelerators are presently part of the Samridh Scheme?

Here is a list of accelerators participating in the Samridh Scheme: Link.

Startup India Scheme: Eligibility Criteria, Benefits & Application Details

Startup India Scheme: Eligibility Criteria, Benefits & Application Details

The Startup India Scheme is a flagship initiative by the Government of India aimed at fostering entrepreneurship, innovation, and economic growth. Launched in 2016, this scheme provides startups with financial assistance, tax exemptions, and regulatory benefits to help them scale efficiently. This blog explores the eligibility criteria, benefits, and application process to guide aspiring entrepreneurs on leveraging this initiative for their business growth.

Table of Contents

Definition of "Startup"

As per the Startup India Scheme, a "Startup" is defined by the following criteria:

  • The entity should be incorporated as a Private Limited Company, a Limited Liability Partnership (LLP), or a Registered Partnership Firm.
  • The age of the company should not exceed 10 years from the date of incorporation.
  • The annual turnover should not exceed INR 100 crore in any of the financial years since incorporation.
  • The business should be working towards innovation, improvement of products/processes/services, or scalable business models with high potential for employment generation and wealth creation.
  • Startups should be recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) to avail of scheme benefits.

What Is the Startup India Scheme?

The Startup India Scheme was launched in 2016 with the objective of encouraging entrepreneurship, generating employment, and fostering innovation. This initiative is managed by the Department for Promotion of Industry and Internal Trade (DPIIT) and aims to position India as a global startup hub by offering regulatory support, funding access, and tax exemptions.

Why Was Startup India Launched?

India has always been home to entrepreneurs, but before 2016, starting and scaling a business came with significant roadblocks- complex regulations, limited funding options, and restricted market access. Recognising this, the Government of India launched the Startup India initiative on January 16, 2016, to create a more supportive ecosystem for startups.

Here’s why the initiative was needed and how it helps:

  • Reducing Bureaucratic Hurdles
  • Easing Financial Constraints
  • Encouraging Job Creation & Innovation
  • Enabling Market Access & Growth
  • Creating a Culture of Entrepreneurship

Since its launch, over 100,000 startups have been recognised under the scheme, creating jobs, driving innovation, and strengthening India’s position as a global startup hub.

Top Features Of the Startup India Scheme

The Startup India Scheme offers multiple benefits to startups, including:

  • Tax Exemptions: Startups are eligible for a three-year income tax exemption.
  • Funding Support: Access to government funds and venture capital assistance.
  • Simplified Compliance: Reduced regulatory burden with self-certification for labour and environmental laws.
  • Fast-Tracked Patent Registration: Reduced fees and faster processing for patent applications.
  • Networking Opportunities: Participation in government-organised startup festivals and events.
  • Access to Government Tenders: Startups receive preference in public procurement without prior experience requirements.

Eligibility Criteria for the Startup India Scheme

To be eligible, startups must meet specific criteria set by the Department for Promotion of Industry and Internal Trade (DPIIT).

Here’s a detailed breakdown of the eligibility requirements:

  • Be incorporated as a Private Limited Company, LLP, or a Registered Partnership Firm.
  • Be less than 10 years old from the date of incorporation.
  • Have an annual turnover not exceeding INR 100 crore.
  • Focus on innovation, scalability, and employment generation.
  • Obtain DPIIT recognition for startup status.

Types of Organisations Eligible For the Startup India Scheme

The following entities qualify for the scheme:

  • Private Limited Companies: Must be registered under the Companies Act, 2013.
  • Limited Liability Partnerships (LLPs): Must be registered under the LLP Act, 2008.
  • Registered Partnership Firms: Must be incorporated under the Indian Partnership Act, 1932.

How to Register Your Startup with the Startup India Scheme

Step 1: Incorporate Your Business

Before applying for Startup India recognition, you must officially register your business as a legal entity. Your startup can be incorporated as one of the following:

  • Private Limited Company – Register under the Companies Act, 2013 with the Ministry of Corporate Affairs (MCA).
  • Limited Liability Partnership (LLP) – Register under the Limited Liability Partnership Act, 2008 with the MCA.
  • Partnership Firm – Register under the Indian Partnership Act, 1932 with the respective state authority.

Step 2: Register Under the Startup India Scheme

Once your business is incorporated, you can apply for recognition under the Startup India initiative by following these steps:

  • Visit the Startup India portal www.startupindia.gov.in
  • Click on "Register" and create an account.
  • Log in and navigate to “Recognition” → “Apply for DPIIT Recognition”.
  • Fill in the application form with details about your business.

Step 3: Apply for DPIIT Recognition

To get official recognition as a startup, you must apply for DPIIT (Department for Promotion of Industry and Internal Trade) recognition. DPIIT-recognised startups gain access to tax benefits, easier compliance, and funding opportunities.

Steps to Apply for DPIIT Recognition:

  • Provide business details (name, incorporation date, industry sector, location).
  • Describe your startup’s innovation, scalability, and market potential.
  • Upload supporting documents (explained in Step 5).
  • Submit the application for review.

Step 4: Recognition Application Submission

Once all details are filled in, submit the Startup India recognition application.

The DPIIT reviews applications to ensure the business meets eligibility criteria (e.g., age of the startup, turnover, and innovation focus). If all documents are in order, recognition is granted within 2-3 weeks.

Step 5: Documents Required for Registration

You must upload specific documents during the registration process. Ensure you have:

Mandatory Documents:

  • Certificate of Incorporation / Registration – Proof that your business is legally registered.
  • Detailed Business Description – A document explaining how your startup is innovative and scalable.
  • PAN (Permanent Account Number) – A copy of your business’s PAN card for tax purposes.

Additional Documents (If Applicable):

  • Patent or Trademark Details – If your startup has intellectual property rights, submit supporting documents.
  • Letter of Recommendation (Optional) – From an incubator, industry expert, or recognised institution supporting your innovation.

Step 6: Get Your Recognition Number

Once your application is approved, you will receive a Startup Recognition Number from DPIIT. This confirms that your business is officially recognised under Startup India and is eligible for various benefits.

Step 7: Some Other Important Things To Follow

  • Ensure compliance with tax laws and regulatory requirements.
  • Utilise government schemes and incentives to scale operations.

Benefits From DPIIT

Startups recognised under DPIIT receive several benefits, including:

  • Tax exemptions under Section 80 IAC of the Income Tax Act.
  • Easier access to government grants and funds.
  • Self-certification for labour & environmental laws, reducing compliance costs.
  • Simplified compliance and faster patent approvals.
  • Gain visibility through Startup India showcases and events.

Advantages of the Startup India Scheme

  • Financial Support: Grants, loans, and venture capital funding assistance.
  • Regulatory Benefits: Self-certification for labor and environmental laws.
  • Tax Relief: Exemption from income tax for 3 years.
  • Market Access: Access to government tenders and public procurement schemes.
  • Networking Opportunities: Participation in startup events and mentorship programs.

Conclusion

India is rapidly becoming a global hub for startups, and the Startup India Scheme is at the heart of this transformation. By nurturing innovation, job creation, and economic development, the initiative is shaping the future of entrepreneurship in India.

Frequently Asked Questions

rize image

Register your Business at just 1,499 + Govt. Fee

Register your business
rize image

Register your Private Limited Company in just 1,499 + Govt. Fee

Register your business
rize image

Register your One Person Company in just 1,499 + Govt. Fee

Register your business
rize image

Register your Business starting at just 1,499 + Govt. Fee

Register your business
rize image

Register your Limited Liability Partnership in just 1,499 + Govt. Fee

Register your business

Private Limited Company
(Pvt. Ltd.)

1,499 + Govt. Fee
BEST SUITED FOR
  • Service-based businesses
  • Businesses looking to issue shares
  • Businesses seeking investment through equity-based funding


Limited Liability Partnership
(LLP)

1,499 + Govt. Fee
BEST SUITED FOR
  • Professional services 
  • Firms seeking any capital contribution from Partners
  • Firms sharing resources with limited liability 

One Person Company
(OPC)

1,499 + Govt. Fee
BEST SUITED FOR
  • Freelancers, Small-scale businesses
  • Businesses looking for minimal compliance
  • Businesses looking for single-ownership

Private Limited Company
(Pvt. Ltd.)

1,499 + Govt. Fee
BEST SUITED FOR
  • Service-based businesses
  • Businesses looking to issue shares
  • Businesses seeking investment through equity-based funding


One Person Company
(OPC)

1,499 + Govt. Fee
BEST SUITED FOR
  • Freelancers, Small-scale businesses
  • Businesses looking for minimal compliance
  • Businesses looking for single-ownership

Private Limited Company
(Pvt. Ltd.)

1,499 + Govt. Fee
BEST SUITED FOR
  • Service-based businesses
  • Businesses looking to issue shares
  • Businesses seeking investment through equity-based funding


Limited Liability Partnership
(LLP)

1,499 + Govt. Fee
BEST SUITED FOR
  • Professional services 
  • Firms seeking any capital contribution from Partners
  • Firms sharing resources with limited liability 

Frequently Asked Questions

When was the Startup India Scheme launched?

The Startup India Scheme was launched on January 16, 2016, by the Government of India to promote entrepreneurship, innovation, and economic growth.

Who is eligible for the Startup India Scheme?

To be eligible for the Startup India Scheme, a business must:

  • Be registered as a Private Limited Company, Limited Liability Partnership (LLP), or a Registered Partnership Firm.
  • Be less than 10 years old from the date of incorporation.
  • Have an annual turnover not exceeding INR 100 crore in any financial year.
  • Be working towards innovation, improvement, or development of a scalable business model.
  • Obtain recognition from the Department for Promotion of Industry and Internal Trade (DPIIT).

Is Startup India Tax-Free?

Startups registered under the Startup India Scheme and recognised by DPIIT are eligible for a three-year income tax exemption under Section 80-IAC of the Income Tax Act. Additionally, they benefit from exemptions on capital gains tax and angel tax under certain conditions.

What are the Startup India benefits?

The key benefits of the Startup India Scheme include:

  • Tax exemptions: Three-year income tax holiday and angel tax exemption.
  • Financial support: Access to a ₹10,000 crore Fund of Funds for investment.
  • Simplified compliance: Self-certification for labour and environmental laws.
  • Faster patent registration: 80% rebate on patent filing fees with expedited processing.
  • Networking and mentorship: Opportunities through startup hubs, incubators, and accelerator programs.

How does the Startup India Scheme support new businesses?

The Startup India Scheme supports new businesses by:

  • Providing financial assistance through government-backed funds and venture capital access.
  • Offering tax benefits to reduce financial burdens in the early years.
  • Simplifying regulatory processes, making compliance easier.
  • Fast-tracking intellectual property rights (IPR) registrations for startups.
  • Creating networking opportunities through startup events, incubators, and accelerator programs.
  • Facilitating ease of doing business with relaxed norms and exemptions from various government regulations.

Nipun Jain

Nipun Jain is a seasoned startup leader with 13+ years of experience across zero-to-one journeys, leading enterprise sales, partnerships, and strategy at high-growth startups. He currently heads Razorpay Rize, where he's building India's most loved startup enablement program and launched Rize Incorporation to simplify company registration for founders.

Previously, he founded Natty Niños and scaled it before exiting in 2021, then led enterprise growth at Pickrr Technologies, contributing to its $200M acquisition by Shiprocket. A builder at heart, Nipun loves numbers, stories and simplifying complex processes.

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LLP Form 8 - A Complete Guide for 2025

LLP Form 8 - A Complete Guide for 2025

Limited Liability Partnerships (LLPs) in India are required to file LLP Form 8, the Statement of Account and Solvency, annually to comply with Ministry of Corporate Affairs regulations. This form details the LLP's financial position and solvency status and must be submitted within 30 days after the first six months of the financial year.

Table of Contents

What is the purpose of Form 8?

Form 8 LLP is an annual return that discloses an LLP's financial position and solvency. It is mandatory under the Limited Liability Partnership Act 2008, to promote transparency and ensure that LLPs meet their financial obligations. By filing Form 8 LLP, an LLP confirms its ability to pay debts as they become due in the normal course of business.

The form provides the MCA with an overview of the LLP's assets, liabilities, and cash flows, enabling them to monitor the financial health of the LLP. Banks, creditors, and other stakeholders may also refer to an LLP's Form 8 filings to assess its creditworthiness and make informed decisions.

LLP Form 8 - Statement of Account & Solvency

LLP Form 8, or the Statement of Account & Solvency, is an annual filing that every LLP must submit to the MCA, regardless of its size, turnover, or profitability. The form consists of two main parts:

  • Part A: Statement of Solvency
  • Part B: Statement of Account (Financial Statements)

The Statement of Solvency is a declaration by the LLP's designated partners confirming that the LLP is able to pay its debts in full as they become due. This section must clearly disclose any insolvency or inability to pay debts.

The Statement of Account includes the LLP's financial statements, such as the balance sheet, profit and loss account, and cash flow statement. These statements provide a true and fair view of the LLP's financial position and performance.

Timely filing of Form 8 LLP is crucial to avoid penalties and maintain compliance with the LLP Act. The due date for filing falls on October 30th each year for the financial year ending March 31st.

Get Your LLP Registered Seamlessly with Razorpay Rize – Start Today!

Laws Governing Form 8

The filing of Form 8 LLP is governed by the following laws:

  • Section 34(2) and 34(3) of The Limited Liability Partnership Act, 2008
  • Rule 24 of The Limited Liability Partnership Rules, 2009

These laws require all LLPs to file Form 8 annually and prescribe the format, disclosures, and timelines for filing the form. Non-compliance with these provisions can result in penalties and legal action against the LLP and its partners.

Components of Form 8

LLP Form 8 consists of two main sections:

  1. Part A - Statement of Solvency
    • Declaration by the designated partners about the LLP's ability to meet its debts and liabilities
    • Disclosure of any insolvency or inability to pay debts
  2. Part B - Statement of Accounts
    • Balance sheet as of the end of the financial year
    • Profit and loss account for the financial year
    • Cash flow statement for the financial year
    • Notes to accounts and significant accounting policies
    • Details of remuneration to designated partners
    • Auditor's report, if applicable

LLPs must ensure that the financial statements are prepared in accordance with the applicable accounting standards and present a true and fair view of the state of affairs. Depending on the LLP's turnover and contribution, the financial statements may need to be audited before filing.

The Due Date for Filing LLP Form 8

LLP Form 8 must be filed annually, within 30 days from the end of six months of the financial year to which the Statement of Account and Solvency relates. For LLPs following the April-March financial year, the due date for filing Form 8 LLP is October 30th of each year.

It is essential to note that this filing requirement applies to all LLPs, irrespective of their size, turnover, or commencement of business activities. Even inactive LLPs must file Form 8 to avoid penalties.

Failure to file the form by the due date attracts additional fees and penalties, which increase with the delay. LLPs must prioritise timely filing to maintain legal compliance and avoid adverse consequences.

Related Read: What is LLP Form 11?

Required Details for Filing Form 8

To file LLP Form 8, the following details are required:

  • Limited Liability Partnership Identification Number (LLPIN)
  • Name and registered address of the LLP
  • Details of designated partners
  • Jurisdiction of Police Station for the registered office
  • The financial year to which the Statement of Account and Solvency relates
  • Statement of Assets and Liabilities as at the end of the financial year
  • Income and Expenditure Statement for the financial year
  • Details of charges created, modified or satisfied during the year
  • Details of penalties and compounding fees paid during the year

Attachments Required with LLP Form 8

  1. Mandatory attachment:
    1. Details of disclosures under the Micro, Small and Medium Enterprises Development Act, 2006
  2. Conditional attachment:
    1. Statement of contingent liabilities, if applicable
  3. Optional attachments:
    1. Any other relevant information or documents

Small LLP

The concept of "Small LLP" was introduced by the LLP (Amendment) Act, 2021 to reduce the compliance burden and costs for smaller LLPs. An LLP is classified as a Small LLP if it meets the following criteria:

  • The contribution does not exceed ₹25 lakhs (or higher amount as notified by the Central Government, up to a maximum of ₹5 crores)
  • The turnover in the immediately preceding financial year does not exceed ₹40 lakhs (or higher amount as notified by the Central Government, up to a maximum of ₹50 crores)

Small LLPs enjoy several benefits, such as:

  • Lower filing fees for Form 8 LLP and other forms
  • Relaxed penalties for non-compliance
  • Self-certification of documents by designated partners without the need for professional certification

However, Small LLPs must still comply with the filing deadlines and other requirements under the LLP Act. Their classification as Small LLPs is based on self-declaration, and any false or incorrect declaration can attract penalties.

MCA Fees for filing Form 8

Contribution Filing Fee
Up to ₹1 lakh ₹50
Above ₹1 lakh and up to ₹5 lakhs ₹100
Above ₹5 lakhs and up to ₹10 lakhs ₹150
Above ₹10 lakhs ₹200

Inadequate or incorrect payment of fees can result in the form being marked as defective, requiring re-submission with additional fees.

Related Read: LLP Registration Fee in India

Additional Fee (Penalty) for Filing Form 8

Late filing of Form 8 LLP attracts additional fees, which vary based on the period of delay and the type of LLP (Small LLP or Other LLP). The additional fees for late filing are as follows:

Period of Delay Additional Fee for Small LLP Additional Fee for Other LLP
Up to 15 days 1 times the normal fee 1 times the normal fee
15 to 30 days 2 times the normal fee 4 times the normal fee
30 to 60 days 4 times the normal fee 8 times the normal fee
60 to 90 days 6 times the normal fee 12 times the normal fee
90 to 180 days 10 times the normal fee 20 times the normal fee
Above 180 days ₹100 per day ₹200 per day

LLPs should strive to file the form within the due date to avoid these additional fees and maintain compliance with the LLP Act.

Certification Requirements for Form 8

Form 8 LLP must be certified by the following individuals before filing:

  • Minimum two designated partners of the LLP
  • A practising professional (Chartered Accountant, Company Secretary, or Cost Accountant)

The designated partners must sign the form, declaring that the information provided is true and correct to the best of their knowledge. The practising professional must certify that the financial statements and other particulars in the form agree with the LLP's books of account and records.

Small LLPs are exempted from the professional certification requirement, and the designated partners can self-certify the form. However, it is advisable to seek professional assistance to ensure accurate and compliant filing.

Procedure to file Form 8

The procedure to file LLP Form 8 involves the following steps:

  1. Access the MCA portal and log in using the LLP's credentials
  2. Navigate to the "LLP Forms Download" section and select "Form 8"
  3. Fill in the required details and attach the necessary documents
  4. Save the form as a draft if required, or submit the form
  5. Generate and note down the Service Request Number (SRN) for future reference
  6. Affix Digital Signature Certificates (DSCs) of the designated partners and practising professional
  7. Upload the signed form on the MCA portal
  8. Make the payment of filing fees within 15 days of SRN generation
  9. Upon successful payment, an acknowledgement receipt will be generated

LLPs should ensure that all the steps are completed within the prescribed timelines to avoid any delays or rejection of the filing. 

Annual filings for LLP

Apart from Form 8 LLP, LLPs are required to file other annual forms to comply with the MCA regulations. These include:

  • LLP Form 11 (Annual Return)
  • Income Tax Return (ITR) 5

Timely filing of these forms is crucial to avoid penalties, which can be significant—up to ₹5 lakh for non-compliance. Although LLPs have fewer compliance requirements compared to private limited companies, failure to meet these obligations can lead to serious consequences. Maintaining proper books of account is essential for facilitating accurate and timely filings.

{{llp-cta}}

Example of LLP Form 8 Filing

Let's consider a simple case study to understand the filing of LLP Form 8:

ABC LLP, with total assets of ₹5 lakhs and liabilities of ₹2 lakhs, needs to file its Statement of Account and Solvency for the financial year 2024-25.

The LLP follows these steps to fill the form:

  1. The designated partners prepare the financial statements, including the balance sheet and profit & loss account.
  2. They fill out LLP Form 8, providing the required details and attaching the necessary documents.
  3. The form is then certified by the designated partners and a Chartered Accountant (CA).
  4. The LLP files the form online through the MCA portal, affixing the Digital Signature Certificate (DSC) and making the requisite payment.
  5. The form is submitted within the due date of October 30th, 2025, to avoid any late fees or penalties.

MCA LLP Compliance Chart

The following chart summarises the key compliance requirements for LLPs in India:

Form Name Purpose Due Date
LLP Form 8 (Statement of Account and Solvency) Annual filing of financial statements and solvency declaration October 30th of each year
LLP Form 11 (Annual Return) Annual filing of LLP's details and partners' information May 30th of each year
ITR 5 (Income Tax Return) Annual filing of LLP's income tax return October 31st (if audit not applicable) or November 30th (if audit applicable)

LLPs must prioritise these filings and ensure timely submission to maintain compliance with the MCA and Income Tax Department regulations. 

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Frequently Asked Questions

What is the Statement of Solvency of LLP?

The Statement of Solvency is a declaration by the designated partners of an LLP, stating that the LLP is able to pay its debts in full as they become due in the normal course of business. It is a part of Form 8 LLP and must be filed annually with the MCA.

Is Form 8 mandatory for LLP?

Yes, Form 8 LLP is a mandatory annual filing for all LLPs registered in India, irrespective of their size, turnover, or commencement of business activities. Failure to file the form within the due date can result in penalties and legal action against the LLP and its partners.

When shall the Statement of Account and Solvency be filed by every foreign LLP with registrar?

Every foreign LLP must file the Statement of Account and Solvency in Form 8 LLP with the Registrar within 30 days from the end of six months of the financial year to which the Statement of Account and Solvency relates.

Is LLP liable to maintain books of accounts?

Yes, every LLP is required to maintain proper books of account as per Section 34 of the Limited Liability Partnership Act, 2008. The books of account must be kept at the registered office of the LLP and should give a true and fair view of the state of affairs of the LLP.

Nipun Jain

Nipun Jain is a seasoned startup leader with 13+ years of experience across zero-to-one journeys, leading enterprise sales, partnerships, and strategy at high-growth startups. He currently heads Razorpay Rize, where he's building India's most loved startup enablement program and launched Rize Incorporation to simplify company registration for founders.

Previously, he founded Natty Niños and scaled it before exiting in 2021, then led enterprise growth at Pickrr Technologies, contributing to its $200M acquisition by Shiprocket. A builder at heart, Nipun loves numbers, stories and simplifying complex processes.

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