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LLP Registration Online in India

Q: How many partners are required to form an LLP in India?

A minimum of two partners are required to form an LLP, with at least two designated partners (one being a resident of India). There is no maximum limit on the number of partners.

Q: How long does it take to register an LLP in India?

Typically, LLP registration takes 15-20 days, including name approval, document preparation, and certification, though complex cases may take longer.

Q: What is the minimum capital requirement for LLP registration?

There is no minimum capital requirement for registering an LLP. Partners can contribute as per their mutual agreement and business needs.

Q: Can foreign nationals be partners in an Indian LLP?

Yes, foreign nationals can be partners in an Indian LLP, but at least one designated partner must be a resident Indian. Foreign investment in LLPs is also subject to FDI regulations.

Q: What are the annual compliance requirements for an LLP?

LLPs must file an Annual Return (Form 11) and Statement of Accounts & Solvency (Form 8) with the Registrar of Companies. LLPs with turnover exceeding Rs 40 lakhs must also get their accounts audited.

Q: How much does LLP registration cost?

LLP registration costs vary from Rs 8,000 to Rs 25,000, depending on capital contribution, professional services required, and state-specific stamp duties.

Q: Can an existing partnership firm or company be converted into an LLP?

Yes, existing partnership firms and private limited companies can be converted into LLPs by following specific conversion procedures under the LLP Act.

Q: What happens if my LLP application is rejected?

If your LLP application is rejected, you can address the objections raised by the Registrar and resubmit the application. Alternatively, you can apply with a different name if the rejection was name-related.

Q: Is LLP registration the same as LLP incorporation?

Yes, both terms refer to the same process of legally establishing an LLP. Once registered, the LLP receives a Certificate of Incorporation from the Registrar.

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Frequently Asked Questions (FAQs)

What is LLP registration, and how is it different from a private limited company?

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An LLP combines the limited liability protection of a company with the flexibility of a partnership. Unlike private limited companies, registering as an LLP requires no minimum capital requirements and a simpler tax structure without dividend distribution tax.

How many partners are required to form an LLP in India?

How long does it take to register an LLP in India?

What is the minimum capital requirement for LLP registration?

Can foreign nationals be partners in an Indian LLP?

What are the annual compliance requirements for an LLP?

How much does LLP registration cost?

Can an existing partnership firm or company be converted into an LLP?

What happens if my LLP application is rejected?

Is LLP registration the same as LLP incorporation?

How often do I need to renew my LLP registration?

Can the LLP Agreement be modified after registration?

What documentation should I keep after registering my LLP?

How do I check my LLP registration status?

What is the perpetual succession feature of an LLP?

How do I add or remove partners after LLP registration?

What is the tax limit for an LLP?

Is LLP better than a traditional partnership?

How to cancel LLP Registration?

Why Choose RegisterKaro for the LLP Registration Service?

Here's why we are the trusted choice for LLP registration services:

Expert Assistance: Our specialized legal experts have extensive experience in handling diverse LLP registrations across various business sectors.
Hassle-free Handling: We provide step-by-step guidance through the entire LLP registration process, from name reservation to post-incorporation compliances.
Subject Matter Expertise: Our team combines legal expertise with business knowledge to structure your LLP optimally for operational and tax efficiency.
Affordable Charges: We offer transparent pricing with no hidden LLP registration cost, ensuring you know exactly what you're paying for.
Quick Documentation: Our experts handle all documentation preparation, form filing, and follow-ups with the Ministry of Corporate Affairs, minimizing your administrative burden.

Why Choose RegisterKaro for the LLP Registration Service?

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