Online LLP Registration in India (Limited Liability Partnership)

1. At least two individuals appointed as designated partners, one of whom must be resident in India
2. A business address in India to register as the LLP’s registered office
3. Clear, legible documents for every partner
4. A DIN for each proposed designated partner, which is applied for with the incorporation form

No. There is no minimum amount prescribed to form an LLP in India, and it can be started with whatever capital the business needs.

Every partner must still make a financial contribution. The amount is disclosed in the LLP agreement, and the stamp duty payable on that agreement is calculated on the total contribution.

The name is reserved through a web form called LLP-RUN, which stands for Reserve Unique Name. Partners may propose up to two names in order of preference, and one is reserved.

The registrar can ask for a fresh application with different names if the proposals are not unique, are not relevant to the business, or do not meet the naming requirements.

There is no restriction on citizenship or residential status for being a partner. The LLP Act, 2008 allows foreign nationals, foreign companies and foreign LLPs to form an LLP in India.

The conditions are that at least one designated partner must be resident in India, that a partner must be at least 18 years old so they are competent to contract, and that a proposed designated partner holds a DIN.

A Director Identification Number is a unique number the Ministry of Corporate Affairs issues to an individual. It allows that person to be a director of a company or a designated partner of an LLP.

The separate DPIN, or Designated Partner Identification Number, has been replaced by the DIN for LLP incorporation. The application is made along with the incorporation application in FiLLiP, for a maximum of two DINs.

A DSC is a token issued by a certified authority. It is the electronic signature used to file forms with the MCA.

Any form filed to incorporate an LLP must carry the digital signature of a designated partner, so a DSC is procured before the filings begin.

Yes. The partners must provide a place of business in India along with the required address documents. It can be residential or commercial premises.

In most cases the address is used by the MCA and other authorities for communication, and it is published on the Ministry’s portal.

The LLP agreement is executed by all the partners after incorporation. It sets out every clause governing the business, including the rights, roles, duties and responsibilities of the partners.

It must be filed with the MCA within 30 days of the Certificate of Incorporation being issued. Filing late attracts an additional fee of ₹100 per day until it is filed.

Stamp duty is calculated on the total capital contribution stated in the agreement, and the rate varies from state to state. The State Stamp Act that applies is the one for the state where the registered office is situated.

Notarising the agreement is not a statutory requirement and the MCA does not ask for it. A bank may ask for a notarised copy, but it is not needed to incorporate the LLP.

Yes, as long as the activities are related or in the same field. They are stated in the LLP agreement and must be approved by the registrar.

Unrelated activities cannot be combined. Interior design and legal consultancy, for example, cannot be carried on under the same LLP.

No. One of the essential requirements for setting up an LLP is carrying on a lawful business with a view to profit, so an LLP cannot be incorporated for not-for-profit activities.

A Section 8 Company is the structure intended for that purpose.

The PAN and TAN are applied for once the Certificate of Incorporation has been issued.

The physical PAN card is delivered to the registered office once the Income Tax Department dispatches it.

It depends on the size of the LLP. A statutory audit by an eligible auditor is required once turnover exceeds ₹40 lakh, or the capital contribution exceeds ₹25 lakh.

Below both thresholds there is no statutory audit requirement, which is one of the main reasons an LLP costs less to maintain than a company.

Three things, in order:

1. Open a bank account in the name of the LLP for business transactions
2. File the LLP agreement with the registrar within 30 days of incorporation
3. Deposit the contribution each partner agreed to, as and when it is required

Yes, a body corporate can be a partner in an LLP.

It cannot itself be a designated partner, so to meet the minimum of two designated partners either two individual partners take those roles, or the body corporate nominates an individual to act on its behalf.

Yes. FDI is allowed in an LLP under the automatic route, in the sectors where it is permitted.

Foreign institutional investors and foreign venture capital investors are not permitted to invest in an LLP, and an LLP cannot raise external commercial borrowings.

Yes. An existing partnership firm, and an unlisted company, can both be converted into an LLP.

Converting a partnership firm into an LLP is the more common of the two, because it gives the existing partners limited liability and a separate legal identity without starting a new business.