A Limited Liability Partnership (LLP) is one of the most popular business structures in India today. It brings together the flexibility of a partnership firm and the limited liability protection similar to a company. This means partners manage the business directly, but their personal assets (like house, savings or car) are protected from business debts only the business assets are at risk.
LLPs are governed by the Limited Liability Partnership Act, 2008, which has been updated in recent years to make LLP formation and compliance more startup‑friendly and efficient. In 2026, the Ministry of Corporate Affairs (MCA) has streamlined online processes, added transparency measures, and enabled faster approvals to support entrepreneurs and small businesses.
Today, LLPs are widely chosen by:
Consultants, lawyers, chartered accountants and professional services
Small and medium businesses
Startups that don’t need external investors
Businesses seeking low compliance and flexible management
Registering your Limited Liability Partnership with Instabiz Filings means your entire LLP formation and compliance journey is managed end‑to‑end by a specialised team of Chartered Accountants, Company Secretaries and legal experts. Our team handles documentation, RUN‑LLP, FiLLiP, LLP Agreement drafting, and coordination with MCA so you can focus on running your business.
Complete online LLP registration – DSC, DPIN, name approval, incorporation, PAN, TAN and LLP Agreement handled in one place.
Expert CA/CS team that stays updated with the latest LLP Act, 2008 and MCA V3 changes and guides you on every step.
Clear breakup of professional fees and estimated government fees, with transparent notes on stamp duty and state‑wise variations.
Fixed, realistic timelines for name approval, incorporation and agreement filing, with proactive status updates.
Ongoing annual compliance support for Form 11, Form 8 and ITR‑5 so your LLP remains fully compliant year after year.
Pan‑India experience across multiple states and industries, backed by strong client testimonials from LLP founders.
A Limited Liability Partnership is ideal for businesses that want flexibility of a partnership with the protection of limited liability, without the heavier compliance of a company. An LLP is best when you do not need venture capital or complex shareholding structures but still want a registered, credible entity.
Consultants, professionals (CA, CS, lawyers, architects, IT freelancers) who want to work together under one registered firm.
Small and medium businesses looking for low compliance and cost‑effective registration.
Family‑run firms and traditional partnerships wanting liability protection without moving to a full company model.
Startups that don’t immediately need equity investors or ESOPs but want a registered entity for clients, banks and tenders.
Joint ventures between two or more businesses where partners want clear rights and limited liability.
Here are the key features of a Limited Liability Partnership (LLP) in India, including its separate legal status, limited liability protection and flexible management structure.
An LLP is a separate entity from the partners. This implies that:
It can enter into contracts, own property, and open bank accounts in its own name.
Legal disputes, financial transactions, and business agreements are all conducted by the LLP not by partners personally.
The MCA’s online portal (MCA V3) now supports:
Digital PAN/TAN issuance with incorporation
Fully web‑based filing of all LLP forms
Faster name approvals with RUN‑LLP system
Electronic stamping and signature of LLP Agreements
Mandatory disclosure of beneficial owners for transparency
AI‑based compliance checks for filings
All these streamline the process and make it more efficient.
These are the main advantages of LLP in India, such as low compliance, tax efficiency and protection of partners’ personal assets compared to a normal partnership firm.
Before choosing LLP registration, it is important to understand the disadvantages of LLP in India, especially for businesses that plan to raise large equity funding or convert into a company later.
This section explains the LLP registration process step by step, from applying for DSC and DPIN to RUN‑LLP name reservation, FiLLiP filing and LLP Agreement submission on the MCA portal.
Below is a checklist of documents required for LLP registration, including KYC documents of partners and proof of the registered office address.
Aadhar Card or other identity proofs
Passport‑size photographs of partners
Address proof for partners
Evidence of registered office (utility bill / rent agreement / NOC)
LLP Agreement signed and e‑stamped
All documents must be uploaded digitally on the MCA portal.
|
Form name |
Purpose of the form |
|
FiLLiP |
Form for incorporation of LLP |
|
RUN LLP |
Form for reservation of name of the LLP |
|
Form 3 |
Information about LLP agreement |
|
Form 8 |
|
|
Form 11 |
|
|
Form 24 |
Application to the Registrar of Companies for striking off name of the LLP |
Minimum of two partners.
DSC for all designated partners.
DPIN for all designated partners.
A distinctive name must exist for the LLP structured business and should differentiate itself from current LLP format and trademark usage.
Capital contribution by LLP partners.
LLP Agreement between the partners.
Proof of registered office of the LLP.
After LLP registration, you must follow annual compliance for LLP in India, including filing Form 11, Form 8, and income tax return within the due dates.
Form 11 (Annual Return) : Due by 30th May of each year.
Form 8 (Statement of Accounts & Solvency) : To be submitted by 30th October of every year.
Income Tax Return (ITR-5): Required annually.
Audit (if applicable) : Required if turnover > ₹40 lakh or contribution > ₹25 lakh.
If filings are missed, penalties apply and the LLP may face legal issues.
Here’s why Instabiz Filings is the best partner for your LLP journey:
Up‑to‑Date Legal Compliance : We ensure you follow all current MCA and tax rules.
Fastest Name Approval & Online Registration : We handle RUN‑LLP, digital signatures, e‑stamping, and MCA filings end‑to‑end.
Expert Support & Annual Compliance Assistance : Not just registration we support you with yearly filing reminders, audit support, and government reporting.
Transparent Costs, No Hidden Fees : Clear pricing plus value‑added services to save money.
Watch this short video to understand the step-by-step process, documents required, timelines, and benefits of registering a Startup Company in India.
Annual compliances for LLP in India generally include filing Form 11 (Annual Return), Form 8 (Statement of Accounts and Solvency), maintaining proper books of accounts, and filing income tax return (ITR‑5), with audit required above specified thresholds.
In a traditional partnership firm partners have unlimited personal liability, whereas in an LLP partners enjoy limited liability, separate legal entity status, and the LLP can own property and sue or be sued in its own name.
GST registration is not automatically mandatory for every LLP; it becomes compulsory when the LLP crosses the prescribed turnover threshold or engages in interstate supply, e‑commerce sales or other activities covered under GST law.
Documents required for LLP registration include PAN and ID proof of partners, address proof and recent utility bill for the registered office, passport‑size photographs, DPIN/DSC details, and the LLP Agreement.
LLP registration usually takes around 7–10 working days after you submit complete documents, subject to name approval, processing of RUN‑LLP, FiLLiP and timely approval by the Registrar.
The cost of LLP registration depends on authorised contribution and state stamp duty, but for a basic LLP with two partners the total cost typically starts from around ₹8,999 plus applicable government fees and stamp duty.
Disadvantages of LLP include limited flexibility to raise equity funding like a company, perception issues with some investors, restrictions on converting into certain structures, and mandatory compliances even if there is no business activity.
Key advantages of LLP in India include limited liability of partners, separate legal entity status, no minimum capital requirement, lower cost of formation, and relatively less compliance compared to a private limited company.
To register an LLP in India you need at least two partners and at least two designated partners, with at least one designated partner being a resident of India; there is no maximum limit on the number of partners.
A Limited Liability Partnership (LLP) is a separate legal entity registered under the LLP Act, 2008 that combines features of a partnership and a company, where partners have limited liability to the extent of their agreed contribution.
Yes, an NRI or foreign national can become a partner in an Indian LLP subject to FDI and sectoral regulations, provided at least one designated partner is a resident of India and foreign KYC documents are duly notarised/apostilled.
In most cases LLP registration is completely online, and partners do not need to visit any government office because RUN‑LLP, FiLLiP, DPIN and agreement filing are done through the MCA portal using digital signatures.
