Incorporation of Limited Liability Partnership ( LLP ) in India

Ideal if your business or Profession is small and Medium

  • A Formal Partnership Business | Can raise Foreign Direct Investment
  • Time taken approx 7 days | Includes LLP Agreement, PAN, 1 DSC & DIN
  • Eligible to apply for Startup India Recognition & Tax Exemption
  • Minimum Compliances compare to a Company

About Limited Liability Partnership (LLP)

Best option if your business or Profession is small as well as it has Less ROC Compliances

Eligible to Apply for StartupIndia Recognition

As compared to a Private Limited Company, an LLP is more beneficial and convenient to run due to less ROC compliances and No requirement for statutory audit by practicing chartered accountant till the turnover exceeds Rs 40 Lakhs or Partners Capital Contribution upto Rs 25 lakhs. For income tax purpose, LLP is treated on a par with partnership firms. Thus, LLP is liable for payment of income tax and share of its partners in LLP is not liable to tax. Thus no dividend distribution tax is payable. Provision of ‘deemed dividend’ under income tax law, is not applicable to LLP. Section 40(b): Interest to partners, any payment of salary, bonus, commission or remuneration allowed as deduction. In case an LLP fails to file Form 8 or Form 11 (LLP Annual Filing), a penalty of Rs.100 per day, per form is applicable. There is no cap on the penalty and it could run into lakhs if an LLP has not filed its annual return for a few years.

Documents Requirement for

Our Service Coverage

After Company incorporation, you will receive below documents 

  • Company Certificate of Incorporation
  • Memorandum of Association & Article of Association (MOA & AOA)
  • PAN Card and TAN Allotment
  • EPF & ESI Registration
  • Digital Signatures (Class 2)
  • Directors Identification Number (DIN)
  • Assist in Bank A/c Opening
  • Professional Tax Registration (if required)
  • GST Registration (Optional)

Features of Limited Liability Partnership (LLP)

  • Maximum 200 Partners allowed in LLP
  • All Partners should obtain DIN
  • Annual Statutory Audit not mandatory upto Turnover Rs 40 lakhs / Capital contribution upto Rs 25 Lakhs
  • Minimum 2 Partners require to form LLP
  • Less ROC Compliance - Low running cost
  • High non compliance penalty - ROC Non Compliance penalty Rs 100 per day per form ( 2 forms yearly). No Maximum Penalty Cap.
  • LLP can raise FDI
  • LLP is convertible into Private Limited Company after 2 years with minimum 7 partners
  • High Tax - Normal Income Tax rate like Partnership firm @ 30% on net profit
  • LLPs are required to maintain proper books of accounts since registration on cash basis or accrual basis
  • In LLP there is no provision for issue of Share Capital
  • LLP is a separate legal entity from the partners. Each partner can sue the other in case a situation arises.

Pre-requisite for LLP formation

  • Proposed LLP name must be unique. The suggested name should not match or identical with any existing companies/LLP or trademarks in India. # We help here to choose name.
  • Digital Signature of any one Partner
  • All Proposed Partners must have Active DIN
  • Decide Capital contribution by each partners
  • Decide Paid-up Share Capital and share % between Shareholders
  • Decide LLP State and Office address
  • Stamp duty on LLP Agreement based on Capital Contribution. Low Capital - Less Govt Fee.

Various Compliances you need to do post incorporation of a LLP

Apart from other statutory compliances like GST, Income Tax, etc., LLP must comply below without any delay.

  • Online ROC Annual Filing
  • Filing of Director/Partner e-KYC

How We Proceed

get information first

Discuss with Our Consultant on Call/Chat


Check service details on website

Pay Fee

  • Either pay Online OR Through NEFT/RTGS/Cheque
  • EMI facility available on online payment above Rs. 5000/-
  • Get Payment Confirmation on SMS and acknowladge on Email.

Get Call & Email

Our consultant shall call you on success payment to start the process.
You shall receive mail for documents requirement

Document upload

Upload Document online with Client login


Email us at admin@pks.co.in

*Login id & password deliver on registered email id and sms you


Login to check your assignment status

Online Pay Options

Find Your Service