Fast LLP registration in India
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Apply for LLP Registration online at the lowest fees in India with Lawcify. Simple process and easy documentation. Register your Limited Liability Partnership today!
- Overview: A well-known legal services platform offering comprehensive assistance for LLP registration.
- Services: End-to-end support, including obtaining Digital Signatures (DSC), Director Identification Numbers (DIN), name approval, and LLP Agreement drafting.
- Timeline: Typically 10–15 business days.
- Additional Features: Provides post-registration compliance services and legal advisory.
Documents for LLP Partnership Registration
Two Colour Photographs of Promoters/Individuals/ Company/ Director
PAN Card of each Shareholders and directors
Identity Proof (Voter ID / Driving License/ Passport)
Address Proof (Bank Statement / Electricity, Mobile, Telephone Bill)
Proof of Registered Office
Utility Bill as proof must be Latest
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Frequently Asked Questions
The Limited Liability Partnership Act, 2008 governs the registration and regulation of LLPs in India. This Act provides the legal framework for the formation, management, and dissolution of LLPs, outlining the rights, responsibilities, and obligations of partners. The Ministry of Corporate Affairs (MCA) administers the registration process and ensures compliance with the provisions set forth in this Act.
Yes, an LLP in India can receive foreign investment, but it must comply with certain conditions. Foreign Direct Investment (FDI) in LLPs is permitted under the automatic route in sectors where 100% FDI is allowed and does not require prior government approval. However, FDI is restricted in certain sectors, and LLPs with foreign investment cannot engage in agricultural or real estate businesses, or other sectors requiring government approval.
Key requirements for foreign investment in LLPs include:
- Adherence to FDI policies and sector-specific conditions.
- Ensuring the LLP does not have performance-linked conditions, as these are restricted.
- Meeting the necessary compliance requirements and regulatory filings with the Reserve Bank of India (RBI) and Ministry of Corporate Affairs (MCA).
Registering an LLP in India typically takes between 15 to 20 days, depending on factors such as document preparation, processing times, and government approvals. The process includes steps like obtaining a Digital Signature Certificate (DSC), Director Identification Number (DIN), name approval, and filing the incorporation form with the Ministry of Corporate Affairs (MCA). However, processing times may vary based on workload at the MCA and the accuracy of submitted documents.
There is no minimum capital requirement to register an LLP. An LLP can be registered with any amount of capital contribution as agreed upon by the partners. This flexibility allows businesses to start with minimal initial investment, as there is no legal requirement for a fixed minimum capital for LLP formation.
No, an LLP (Limited Liability Partnership) cannot be a partner in another LLP. According to most jurisdictional regulations, only individuals or entities like companies can become partners in an LLP, while LLPs themselves are generally not permitted to hold partnership status in other LLPs. This rule is in place to maintain clarity and accountability in the business structure and to avoid complications related to liability and management.