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LLP Registration with more flexibility and no minimum capital , to know more
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LLP Agreement
ZohoBooks Subscription
and TAN
of Partners
Fees and Stamp duty
Incorporation Certificate
No minimum capital requirement
Lower Registration Cost
No requirement of compulsory Audit
No limit on owners of business
Savings from lower compliance burden
Taxation Aspect on LLP
Identity proof of director and
nominee(PAN card)
Address Proof of Partners(Anyone document)
Photograph(Passportsize photograph of partner)
Residence Proof of Partners (Anyone proof)
DCS (Digital Signature Certificate)
Passport (in case of Foreign Nationals/ NRIs)

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What is Digital Signature Certificate (DSC)?

Digital Signature Certificate (DSC) is a legally recognised method of signing documents electronically. A digital signature is a type of asymmetric cryptography used to simulate the security properties of a handwritten signature on paper. Digital signature schemes normally give two algorithms, one for signing that involves the user's secret or private key, and one for verifying signatures that involves the user's public key. The output of the signature process is called digital signature.

What is Directors Identification Number (DIN)

Directors Identification Number (DIN)DIN is an identification number issued by the Ministry of Corporate Affairs, Government of India, to Directors of a company or Designated Partners of an LLP. For obtaining DIN, an online application has to be submitted to the Ministry of Corporate Affairs with a copy of Identity and Address Proof of the Applicant digitally signed by the applicant and also to be signed by a Practicing Company Secretary / Chartered Accountant / Cost Accountant.

Who is a partner of an LLP?

A partner in relation to an LLP means any person who becomes a partner in the liability partnership in accordance with the LLP agreement.

Who can become a partner of an LLP?

An individual (who is capable of entering in to an agreement) or a body corporate can become a partner in an LLP. A body corporate means an LLP registered under the LLP Act, limited company registered under the Companies Act, a registered legal entity in any country registered under relevant laws of that country. However, it does not include a society or a corporation sole.

Who is a Designated Partner?

A designated partner of an LLP means the partner who is responsible for carrying out all acts and things that are required for the functioning of the LLP in respect of compliance of provisions, filing of documents/returns/statements under the LLP Act and things as may be specified in the LLP agreement.

Is Foreign Direct Investment (FDI) Permitted in LLP

Foreign Direct Investment (FDI) is permitted in LLPs under automatic route subject to the sectoral cap regulations. FDI in LLPs will not be allowed in sectors such as agricultural/plantation activity, print media or real estate business.

What is LLPIN?

LLPIN is a 7-digit alpha numeric registration number allotted by Ministry of Corporate Affairs, Government of India, to an LLP. For example, AAA-0002 is the number allotted by the Ministry of Corporate Affairs to CompaniesInn Consulting LLP, the first LLP registered online in India.

Can a listed company be converted to LLP?

No, only private / unlisted public company can be converted into LLP.

How can I apply for reserving LLP Name?

File LLP Form No. 1 (Application for reservation or change of name) by logging on to the LLP portal along with the fee prescribed and attaching the digital signature of the designated partner proposing to incorporate a LLP.

Difference between LLP & “traditional partnership firm”

Under “traditional partnership firm”, every partner is liable, jointly with all the other partners and also severally for all acts of the firm done while he is a partner. Under LLP structure, liability of the partner is limited to his agreed contribution. Further, no partner is liable on account of the independent or un-authorized acts of other partners, thus allowing individual partners to be shielded from joint liability created by another partner’s wrongful acts or misconduct.