in just ₹1,499 + Govt. Fee

What’s Included?

Registration in 7-10 Business Days

Firm PAN and TAN

Firm Name Approval

LLP Agreement Drafting

Incorporation Certificate

DSC Tokens

DSC Support & Shipping

Digital Signature Certificate

Designated Partner's Identification Number (DPIN)

★

First 3 months free + 40% off for the remaining year for Razorpay Business Banking and Payroll

* Effective 15^th July, 2024, DSC charges have increased by ₹ 1,000 per DSC, by the Government. This will be chargeable over and above the given prices.

Made with ❤️ for founders

View our wall of love

5,000+

Companies Registered

₹1.5+ Cr

Money saved for Founders

4.8

Customer Satisfaction

It was a really good experience, Poorva from your team was very prompt, active and supportive throughout the process

Ayush Duggal

Nindo Education

Process is really good, I've already registered 2 companies with Razorpay and it's been a great experience

Shalinee Gupta

Kahanii Collective

The whole experience was really good and lightning fast, I didn't realise it would be done in such a short amount of time despite the delays caused by my end. Really happy with the team and the service

George P Babu

Gamma Frontier

it was very quick and efficient, my company got incorporated within a week's time. really happy with the service

Ashok

A2Z Expo Industries

loved how everything went so smoothly and easily. I'm also referring my friends to this

Tanishq Gautam

Novus Lifestyle

you guys are doing an amazing job, everything was very seamless and I've also referred my family and friends to register via razorpay. I also want to register 4 more companies and I'll come back in a few weeks for that

Anas Shaikh

Voidnix

Process was very smooth and everything was taken care of by the team. I also referred one of my friend to get his company registered with you guys

Sahil Laheru

Yogi Business Solutions

It was a really good experience, Poorva from your team was very prompt, active and supportive throughout the process

Ayush Duggal

Nindo Education

Process is really good, I've already registered 2 companies with Razorpay and it's been a great experience

Shalinee Gupta

Kahanii Collective

George P Babu

Gamma Frontier

it was very quick and efficient, my company got incorporated within a week's time. really happy with the service

Ashok

A2Z Expo Industries

loved how everything went so smoothly and easily. I'm also referring my friends to this

Tanishq Gautam

Novus Lifestyle

Anas Shaikh

Voidnix

Process was very smooth and everything was taken care of by the team. I also referred one of my friend to get his company registered with you guys

Sahil Laheru

Yogi Business Solutions

It was a really good experience, Poorva from your team was very prompt, active and supportive throughout the process

Ayush Duggal

Nindo Education

Process is really good, I've already registered 2 companies with Razorpay and it's been a great experience

Shalinee Gupta

Kahanii Collective

George P Babu

Gamma Frontier

it was very quick and efficient, my company got incorporated within a week's time. really happy with the service

Ashok

A2Z Expo Industries

loved how everything went so smoothly and easily. I'm also referring my friends to this

Tanishq Gautam

Novus Lifestyle

Anas Shaikh

Voidnix

Process was very smooth and everything was taken care of by the team. I also referred one of my friend to get his company registered with you guys

Sahil Laheru

Yogi Business Solutions

Limited Liability Partnership Registration in India

Name: Limited Liability Partnership (LLP) Registration Online in India @ ₹1,499 - Razorpay Rize
Brand: Razorpay Rize
Price: 1499 INR
Availability: InStock
Rating: 4.8 (45 reviews)

A Limited Liability Partnership (LLP) is a flexible legal entity that offers limited liability protection to its partners while allowing them to participate in business management.

An LLP exhibits similar features to a Partnership firm and a Private Limited Company. In India, LLPs are regulated by The Limited Liability Partnership Act of 2008. It is a common business structure for professional services like law/ accounting firms and similar service-based businesses.

Contents

Documents required for registration

Incorporation Process

Compliances & Requirements

Advantages & Disadvantages

Registration Number

Registration Time

Registration Fees

Checklist for Registration

Frequently Asked Questions

Documents Required to Register a Limited Liability Partnership

Identity Proof and Address Proof
a. Passport/ Aadhar card/ Voter ID/ Driver's License of partners,
b. PAN card, and
c. Utility bills or Bank Statements as address proof.
Proof of Registered Office
a. Any utility bill like an electricity bill or corporation tax receipt not later than 30 days or
b. Rental Agreement or No Objection Certificate (NOC)
Declaration and Consent of the proposed Partners
Form DIR-9 serves as the official consent to assume the role of a Partner within the prospective company.

Limited Liability Partnership Incorporation Process

Sample Documents

NOC for Company Address

Certificate of Incorporation

LLP Form (FiLLiP)

LLP Agreement

Consent to act as director (Form 9)

Reserve Unique Name for LLP (RUN)

Subscriber Sheet

The incorporation process of a Limited Liability Partnership (LLP) involves several key steps to establish the entity as a legally recognised business structure.

Steps for Limited Liability Partnership Registration

Egestas ornare
‍
Obtain a Digital Signature Certificate (DSC)
a. A DSC is a digital method of verifying or attesting a document obtained through any Government Certifying Agencies (CAs) with either one-year or two-year validity.
b. You can directly approach CAs for an Aadhar e-KYC-based verification or through the help of supporting documents like PAN, identity proof, address proof, etc.
Name Approval View 
a. Reserve an LLP's name using the LLP-RUN form (Limited Liability Partnership - Reserve Unique Name). This web service used for the registration of LLP is overseen by the Central Registration Centre, which serves as the nodal authority.
b. There is a provision for the LLP to have two proposed names.
LLP Registration View 
a. Fill out the FiLLiP (Form for Incorporation of Limited Liability Partnership - available here) and submit it to the Registrar where the LLP's registered office is located.
b. As a part of additional documentation, submit the Subscriber sheet and consent of a Director (Form DIR-9) alongside FiLLiP.
c. Subscriber Sheet serves as legal evidence of the agreement of initial members or shareholders to participate in the partnership. It helps in establishing the initial ownership structure.
Submit LLP Agreement View 
a. File the LLP Agreement using Form 3 on the MCA portal within 30 days of the LLP being registered.
b. The agreement governs the mutual rights and responsibilities of the partners of the LLP.

Searching for a company name?

Check company name availability using our powerful name search tool.

Compliances for Limited Liability Partnership

For Partners

A minimum of two partners is required to form an LLP. There is typically no upper limit on the maximum number of partners for an LLP.

For Limited Liability Partnership

File an LLP agreement within 30 days of incorporation. The penalty of Rs 100/day will be levied if an LLP fails to comply with this condition.
File the form DIR3 for the DIN allotment in case of an existing company.
File two annual statements for Annual Return and Statement of Accounts and Solvency using Forms 11 and 8, respectively.
Sign, verify, and file the Income Tax Return (ITR) annually.
Depending on their shareholding capacity, you and your partner must deposit their contribution into the relevant bank account within the specified time frame.
Get a GST registration since it is a legal compulsion per the GST Act.
Audit your accounts through CAs if the company's annual turnover exceeds Rs 40 lakhs or the contribution surpasses Rs 25 lakhs of the threshold limit.

Minimum Capital Requirement

There is no minimum capital requirement to register a Limited Liability Partnership. Partners can mutually determine the capital amount within their LLP agreement based on the agreed-upon ratio.

It is often advisable to consider an initial capital of 10,000 rupees. This recommended capital serves as a practical starting point for an LLP's financial operations

Tax Rates

Limited Liability Partnerships (LLPs) are liable to pay income tax at a standard fixed rate of 30% on their generated earnings.

A surcharge is levied for income above the specified limits. For taxable income exceeding ₹1 Crore (Indian Rupees), a surcharge of 12% is applied in addition to the regular income tax amount.

Health and Education cess at 4% shall also be levied on the amount of income tax plus surcharge (if any).

Advantages and Disadvantages of Limited Liability Partnership

Advantages

Limited Liability
The liability is limited to the partners' contributions. If an LLP becomes insolvent, only the LLP assets are liable for clearing its debts. The partners have no personal liabilities, unlike sole proprietorship and partnership.
Separate Legal Entity
A private limited company becomes a separate legal entity after being incorporated. The company is then responsible for managing its assets, liabilities, debtors, and creditors.
More straightforward Registration Process and less compliance
Forming and managing an LLP costs less than incorporating a Public or Private Limited Company. The government enforces fewer restrictions and compliances on an LLP.
No minimum capital contribution
There is no requirement to have a minimum paid-up capital before incorporation. It can be formed with any amount of capital contributed by the partners.
Perpetual Succession
The Limited Liability Partnership is unaffected by the partner's death, retirement, or insolvency. The LLP gets winded up as per provisions of the Act of 2008.
No maximum limit to the Partners
There is no maximum limit to the partners in an LLP, so multiple partners and contributors can operate under one LLP.

Disadvantages

Difficulties in raising capital
LLP often lacks the notion of equity or shareholders, thus making it difficult for Angel investors and venture capitalists to invest in the LLP as shareholders. It cannot come out with its IPO and raise money from the public.
Dissolution of LLP
If, as a partner, you choose to wind up or dissolve the existing LLP, there is a minimum three months-long process involving rigorous document filing & process fulfillment. Dissolving an LLP can be challenging due to numerous legal obligations, an extended timeline, and the tedious procedures involved.

Limited Liability Partnership Registration Number

The Limited Liability Partnership Registration Number, also known as the Limited Liability Partnership Identification Number (LLPIN), is a unique 7-digit alphanumeric code assigned to an LLP upon its registration with the Registrar of Companies (ROC).

Example of LLPIN: AAA-1234

How to Get a Registration Number for a Limited Liability Partnership?

Following the approval of the FiLLiP Form, the Registrar of Companies (ROC) issues the Certificate of Incorporation, a legal document to signify that your company has been successfully registered.

The Certificate of Incorporation contains essential details such as the LLP’s name, registration number (LLPIN), date of incorporation, registered office address, etc.

Limited Liability Partnership Registration Time

It typically requires 7-10 days from the date of submission of documents to register a Limited Liability Partnership.

Things that Delay a Registration Process

It is important to note that the exact timelines may vary based on factors such as the jurisdiction where the registration takes place and the efficiency of the regulatory bodies involved.

Here are some common things that can cause delays in the registration process:

Documentation Errors: Submitting documents with inaccuracies, inconsistencies, or omissions can lead to setbacks.
Name Approval Challenges: Opting for a company name that doesn't comply with naming regulations or is already taken can lead to holdups.
Our website provides a quick Company Name Search feature that can help pre-empt such complications.
MCA Server Glitches: Technical glitches on the MCA website may occasionally surface, causing application submission difficulties or data loss.
Response Time: A time limit is often imposed following name approval, within which you must finalize the registration process. Suppose you are unable to submit your application within this timeframe. In that case, you should make a fresh application for name approval.
Payment Processing Delays: Delays in payment processing can also affect the registration timeline.
Jurisdiction Variability: Distinct jurisdictions encompass varying processing durations and prerequisites that can influence the speed of your application's progress.

Limited Liability Partnership Registration Fees

The cost of LLP registration can differ based on multiple factors, including the jurisdiction you're registering, professional fees, the number of partners, and any additional services you might opt for.

The Cost of Registration of Limited Liability Partnership with Razorpay Rize -Rs. 1,499 + Govt. Fee

* Effective 15^th July, 2024, DSC charges have increased by ₹ 1,000 per DSC, by the Government. This will be chargeable over and above the given prices.

To explore additional information or kickstart your LLP registration journey, get in touch with us through rize-registrations@razorpay.com.

Checklist for Registration

Here's a streamlined checklist to guide you through the Limited Liability Partnership (LLP) registration process:

Get DSC for all the Partners.

Reserve an LLP's name using the LLP-RUN form.

Fill out the FiLLiP and apply.

Get an Incorporation Certificate.

Obtain PAN & TAN.

Draft the LLP Agreement.

Get a Current bank account for your LLP.

Be compliant with the monthly or annual regulations.

FAQs

What steps can I take to confirm my Limited Liability Partnership (LLP) registration status?

You can take the following steps to verify the registration status of your LLP:

Find the “MCA Services” section on the MCA website.
Select “View LLP Master Data” from the choices. The records of registered LLPs will be part of the LLP Master Data.
Enter the LLPIN allotted to your business.
Once submitted, you can see the registration status.

Can Razorpay Rize assist in getting my LLP registered?

Razorpay Rize provides a hassle-free, 100% online LLP registration process with the lowest professional fees and no hidden charges. Feel free to explore our services or reach out to us for further information.

To start the LLP registration process with us today, click below.

* Effective 15^th July, 2024, DSC charges have increased by ₹ 1,000 per DSC, by the Government. This will be chargeable over and above the given prices.

What is an LLP Agreement?

An LLP agreement is a legally binding document that outlines the rights, responsibilities, duties, and obligations of the partners within a Limited Liability Partnership (LLP).

This agreement is essential to form and govern an LLP. It is mandatory in many jurisdictions. You can download the sample LLP agreement and other necessary documents on our website.

Is it possible to add or remove partners after the LLP is registered?

Yes, partners can be added or removed according to the procedures outlined in the LLP agreement and local regulations.

What is the basic difference between a Limited Liability Partnership and a Partnership?

The primary difference between a Limited Liability Partnership (LLP) and a regular Partnership centers around the liability structure.

An LLP functions as a separate legal entity from its partners, granting them limited liability protection. Conversely, in a traditional partnership, the partners share joint and several liability for all the partnership's debts and obligations.

Can changes in partners affect the existence of the LLP?

As per sub-section (3) of Section 3 of the Limited Liability Partnership Act, any change in the partners of a limited liability partnership shall not affect the existence, rights, or liabilities of the limited liability partnership.

Can I maintain the LLP as the sole partner if my other partner decides to withdraw from it?

Every limited liability partnership shall have a minimum of two partners. If the number of partners in a limited liability partnership is reduced below two, the limited liability partnership can carry on business for at most six months.

After six months, you can either dissolve the LLP or convert it to another business structure like a Sole proprietorship or One Person Company.