Separate Legal Identity
An LLP has a separate legal identity from its partners, subject to applicable law.
Start Your Business with an LLP
Get professional assistance with LLP name reservation, partner documentation, MCA filing and incorporation.
An LLP can provide a partnership-based structure with separate legal identity, subject to applicable law and circumstances.
An LLP has a separate legal identity from its partners, subject to applicable law.
Liability of partners is generally limited to their agreed contribution, subject to applicable law and circumstances.
An LLP can provide a flexible structure for professionals, consultants and service businesses.
An LLP can offer a flexible partnership structure with responsibilities governed by the LLP agreement and applicable law.
LLPs may have applicable tax treatment depending on prevailing tax provisions and circumstances.
An LLP can continue even when there is a change in partners, subject to applicable legal provisions.
The suitability and eligibility of an LLP depend on the proposed business, partners, applicable legal requirements and other circumstances.
Additional documents may be required depending on the case and applicable requirements.
The process is subject to MCA review, document readiness and applicable clarification requirements.
Understand your business and suggest the appropriate structure.
Check and reserve the proposed LLP name through the applicable MCA process.
Prepare all required documents and forms for incorporation.
Prepare and file the applicable incorporation application through the MCA portal.
The MCA reviews the application and may ask for clarification.
Once approved, the LLP is incorporated and the applicable document or certificate is issued.
Professional fees and government or statutory charges are shown separately.
*Professional fee. Government fees, stamp duty and other applicable statutory charges are additional and may vary based on the state and other factors.
The appropriate structure depends on ownership, business activity, funding plans and long-term objectives.
| Feature | LLP (Limited Liability Partnership) | Private Limited Company |
|---|---|---|
| Legal Structure | Partnership-based structure | Company structure |
| Minimum Members | 2 Partners | 2 Members, subject to applicable law |
| Key Persons | Designated Partners | Directors |
| Ownership | Partner-based | Share-based |
| Liability | Limited liability, subject to applicable law | Limited liability, subject to applicable law |
| Compliance | Applicable LLP compliance requirements | Applicable company compliance requirements |
| Suitable For | Professionals, consultants and partnership businesses | Startups and businesses considering broader ownership/investment structures |
Talk to our experts and understand the appropriate structure based on your business requirements.
The right business structure should reflect current needs and future plans.
Define roles and responsibilities clearly through the LLP agreement.
Ensure the agreement reflects the partners' commercial understanding and applicable requirements.
Understand the ongoing statutory and filing requirements applicable to the LLP.
Consider ownership, partner contribution and management structure.
Consider future funding, ownership changes and expansion plans before choosing the structure.
The appropriate business structure depends on ownership, business activity, funding plans and long-term objectives.
LLP registration is the process of incorporating a Limited Liability Partnership under applicable LLP law and MCA requirements.
An LLP is a partnership-based business structure with separate legal identity and applicable limited liability provisions.
An LLP generally requires at least two partners, subject to applicable law and current MCA requirements.
Designated partner requirements depend on applicable LLP provisions, residency requirements and the circumstances of the proposed LLP.
An LLP generally requires more than one partner. A different eligible structure may be considered for a single-owner business.
Yes, an LLP has a separate legal identity from its partners subject to applicable law.
Common documents include PAN, identity and address proofs, photographs, DSC details, office documents and partner information.
An LLP Agreement is an important document governing partner rights and responsibilities. Its form and filing requirements should be checked under current applicable rules.
There is no universal fixed timeline. Processing depends on name availability, document readiness, MCA review and clarification requirements.
GST registration is not automatically included. Whether it is required depends on the business activity and applicable GST provisions.
Yes. COMPLYO can assist with organizing and preparing LLP Agreement information subject to applicable requirements.
An LLP may have ongoing filing, accounting, tax and record-maintenance requirements depending on its activities and applicable rules.
Start your business with a structured LLP and get professional assistance with documentation, filing and incorporation support.