Online LLP registration
Get your LLP registered and enjoy the benefit of company cum partnership form of business.
Pay just Rs. 99 and remaining payment when documentation begins.
Get your LLP registered and enjoy the benefit of company cum partnership form of business.
Pay just Rs. 99 and remaining payment when documentation begins.
2 Class 3 Digital Signature
?Digital signature refers to the signature which is used for signing of e-forms by partners. We will process and get you with class 3 DSC for 2 partners.
2 Designated Partner Identification Number (DPIN)
?DPIN is a unique identification number received by designated partners from MCA Generation of DPIN of 2 partners.
LLP Name reservation
?Get you LLP Name Reserved with MCA. Maximum two name can be proposed at a time and in case of re-submission 2 more name can be applied.
LLP e-PAN & e-TAN
?Permanent Account Number (PAN) & Tax Deduction Account Number (TAN) generation of your LLP.
Certificate of Incorporation (COI)
?Certificate of Incorporation of LLP is certificate which is provided by the MCA on successful approval of incorporation forms.
LLP Form 3 – LLP Agreement
?LLP agreement refers to the agreement made between the partners of the LLP containing manner of working of LLP. LLP Form 3 is filed for submission of LLP Agreement.
Call, Chat, Email Support
?Contact us at call, chat or mail for updates and guidance.
No hidden charges
?LEGALDISHA provides you transparency in charges. No hidden extra cost required.
Free Business Consultation By expert
?Get free business consultation from highly experienced experts team.
2 Class 3 Digital Signature
?Digital signature refers to the signature which is used for signing of e-forms . We will process and get you with class 3 DSC for 2 partners.
2 Designated Partner Identification Number (DPIN)
?DPIN is a unique identification number received by designated partners from MCA Generation of DPIN of 2 partners.
LLP Name reservation
?Get you LLP Name Reserved with MCA. Maximum two name can be proposed at a time and in case of re-submission 2 more name can be applied.
LLP e-PAN & e-TAN
?Permanent Account Number (PAN) & Tax Deduction Account Number (TAN) generation of your LLP.
Certificate of Incorporation (COI)
?Certificate of Incorporation of LLP is certificate which is provided by the MCA on successful approval of incorporation forms.
LLP Form 3 – LLP Agreement
?LLP agreement refers to the agreement made between the partners of the LLP containing manner of working of LLP. LLP Form 3 is filed for submission of LLP Agreement.
Udyog Aadhar Registration
?Udyog Aadhar Registration for small business entities to avail various government benefits and schemes.
GST Registration
?Get your business registered under GST to avail credit for the tax paid on business purchases.
Call, Chat, Email Support
?Contact us at call, chat or mail for updates and guidance.
No hidden charges
?LEGALDISHA provides you transparency in charges. No hidden extra cost required.
Free Business Consultation By expert
?Get free business consultation from highly experienced experts team.
2 Class 3 Digital Signature
?Digital signature refers to the signature which is used for signing of e-forms partners. We will process and get you with class 3 DSC for 2 partners.
2 Designated Partner Identification Number (DPIN)
?DPIN is a unique identification number received by designated partners from MCA Generation of DPIN of 2 partners.
LLP Name reservation
?Get you LLP Name Reserved with MCA. Maximum two name can be proposed at a time and in case of re-submission 2 more name can be applied.
LLP e-PAN & e-TAN
?Permanent Account Number (PAN) & Tax Deduction Account Number (TAN) generation of your LLP.
Certificate of Incorporation (COI)
?Certificate of Incorporation of LLP is certificate which is provided by the MCA on successful approval of incorporation forms.
LLP Form 3 – LLP Agreement
?LLP agreement refers to the agreement made between the partners of the LLP containing manner of working of LLP. LLP Form 3 is filed for submission of LLP Agreement.
Udyog Aadhar Registration
?Udyog Aadhar Registration for small business entities to avail various government benefits and schemes.
GST Registration
?Get your business registered under GST to avail credit for the tax paid on business purchases.
LLP ROC Filings
?Form 8 Filing: Preparing and filing of Form 8 LLP- Statement of Account and Solvency of 1 year.
Form 11 Filing: Preparing and filing of Form 11 LLP- Annual Return of 1 year.
eKYC for Designated partners: eKYC of Designated partners is required to be done annual to keep the DPIN validated by filing form DIR-3 KYC.
Call, Chat, Email Support
?Contact us at call, chat or mail for updates and guidance.
No hidden charges
?LEGALDISHA provides you transparency in charges. No hidden extra cost required.
Free Business Consultation By expert
?Get free business consultation from highly experienced experts team.
1. Fill the form and make nominal payment.
2. Our experts will collect and verify the necessary documents.
3. Make the balance payment.
4. Name reservation and processing and registering of DSC for partners on MCA.
5. Preparation and filing of incorporation application along with all the documents.
6. You will receive all the registration documents.
Aadhar card & PAN card of partner /designated partner.
Voter id /Driving License /passport of partner /designated partner.
Subscriber Sheet with list of subscribers.
Rent Agreement & Last Month Electricity Bill (if rented)
OR
Electricity Bill /Property tax receipt
(if owned)
Bank Statement with latest entries or First page of Passbook of Partners.
LLP is having combined features of a partnership firm as well as companies. It is an incorporated partnership formed and registered under the Limited Liability Partnership Act, 2008. LLP is a separate legal entity from its partners. Partners in LLP have limited liability unlike partnership firm.
LLP does not requires any minimum capital to get itself registered. It can be registered with any amount of capital by mutual decision of the partners in their LLP agreement.
The cost of registration of LLP is low as compared to cost of incorporation of company.
Being a registered form of business with the central government, LLP is having good credibility & recognition in the market.
Unlike partnership firm, partner in LLP is not responsible or liable for another partner’s liability. Also partners have limited liability as per the LLP agreement.
After Identifying designated partners proposed designated partners shall acquire Digital Signature for the purpose for signing the Applications. In case designated partner does not hold DPIN then will be allotted through filing of form.
Check availability of proposed name and get approval of name for LLP.
Apply for incorporation of LLP by Filing form along with Detailed description of all the partners, subscriber sheet and attachment as required.
Once the Form Filing is completed, then it is to be uploaded on MCA portal along with the payment of fees.
Registrar after satisfaction of completeness in documents and various compliances shall issue certificate of incorporation. In case of any discrepancies in the form, form is sent back for re-submission and need to be uploaded again after satisfying the remarks by MCA.
Within 30 days after issue certificate of incorporation, it is mandatory to file Form 3 – LLP Agreement which is duly signed, stamped and notarized.
Firstly check that at least on designated partner have DSC else apply for DSC first. Reserve a name for LLP after approval of name filling of incorporation documents after approval of incorporation form certificate of Incorporation will be issue than within 30 days LLP Agreement is to be signed with appropriate notary and stamp.
A Limited Liability Partnership must have a minimum of two Partners and an LLP can have any number of Partners.
To become partner in LLP person must be a natural person who is above 18 years of age. LLP Act 2018 and llp rules allows a foreign national to incorporate an LLP in India, but at least one designated partner must be Indian.
DPIN refers to an identification number which may be allotted by the Central Government to any individual to the designated partner of a LLP, for the purpose of his identification.
DPIN is a unique identification number and once obtained is valid for lifetime of designated partner.
Unlike the other forms of registration, there is no minimum capital requirement for incorporation of LLPs in India.
Yes, As per the provisions of the Limited Liability Partnership Act, 2008, a LLP can be partner in another LLP as it is formed as a separate legal entity.
Yes formation of LLP is valid even without entering into LLP agreement but in its absence provisions of LLP Act, 2008 and LLP rules shall prevail.
A DSC is Digital Signatures which helps to identify the sender or the signee electronically. The Ministry of Corporate Affairs has made mandatory for the designated partners to apply with the Digital Signatures.
Yes, An existing partnership firm or a unlisted Company that is can be converted into an LLP as per the provisions of the respective acts.
Yes, An Non-Resident Indian can form LLP and be a designated partner in a Limited Liability Partnership by holding Designated Partner Identification Number, But at least one Designated Partner in the LLP must be a resident Indian.
BASIS OF DIFFERENCE | PRIVATE LIMITED COMPANY | ONE PERSON COMPANY | LLP | PARTNERSHIP FIRM | PROPRIETORSHIP CONCERN |
|---|---|---|---|---|---|
| Meaning | Private Limited Company Private company means a company which is formed by coming together of people for a profit motive. |
One Person Company One Person Company (OPC) means a company which is formed with only single person as a member. |
LLP LLP is a body corporate which is hybrid of partnership firm and company. |
Partnership Firm A partnership firm is not a separate legal entity distinct from its partners. It is merely a collective name given to the individuals composing it. |
Proprietorship Firm Proprietorship is a type of business that is owned, managed, and controlled by one person – who is the proprietor. |
| Prevailing laws | Companies Act Companies are governed by ‘Companies Act, 2013’& rules made under. |
Companies Act Companies are governed by ‘Companies Act, 2013’ & rules made under. |
LLP Act Limited Liability Partnership are prevailed by ‘The Limited Liability Partnership Act, 2008’ and various Rules made there under.
|
Partnership Act Partnership is prevailed by ‘The Indian Partnership Act, 1932’ and various Rules made there under.
|
NA |
| Charter Documents | MOA & AOA Memorandum and Article of Association is the charter of the company which provides its main object clauses & scope of operation. |
MOA & AOA Memorandum and Article of Association is the charter of the company that defines its scope of operation. |
LLP Agreement LLP Agreement is a charter document of the LLP which denotes its scope of operation and rights and duties of the partners vis-à-vis LLP. |
Partnership Deed Partnership Deed is a charter document of the firm which denotes its scope of operation and rights and duties of the partners. |
MSME (Udyog Aadhar) Udyog Aadhar (MSME) is certificate which signifies that the entity is micro, small or medium enterprise. |
| Limit of Members | 2-200 It must have at least 2 and maximum 200 members. |
1 OPC is manages by one person only hence it requires only single person. |
2-Unlimited There is no maximum limit on number of partners but must have at least two individuals as Designated Partners. |
2-20 At least 2 partners are required for it and which can’t exceed 20 partners. |
1 Single owner i.e. proprietor required for Proprietorship firm. |
| Directors /Designated Partners | 2-15 It requires At least 2 Director and maximum 15 and further can be increased by special resolution. |
1-15 It required At least 1 Director and maximum 15 and further can be increased by special resolution. |
2-Unlimited Minimum 2 designated partners and there is no maximum limit for LLP. |
NA |
NA |
| Separate legal identity | Yes Company has separate legal identity from its subscribers of MOA. |
Yes Being single owner still have separate legal identity from the company. |
Yes LLP has separate legal identity from its partners and designated partners. |
No Partners and the partnership firm are treated as single identity. |
No Proprietor and proprietorship concern have same legal identity. |
| Limited Liability | Yes The liability of Members are limited up to the amount of share capital which is subscribed by them. |
Yes The sole Member of the company is liable only up to the amount of capital introduced by him. |
Yes Designated Partners and Partner’s liability is restricted to the amount of capital contribution as mutually decided at the point of Agreement. |
No Partners are jointly and severally liable for any liability of the firm as their liability is unlimited. |
No Single owner has unlimited liability for any losses or debt in the proprietorship concern. |
| Perpetual Life of the entity | Yes Entity’s life is not based on the shareholder’s life. It continues by changing of the owner’s share. |
Yes In case of death of the shareholder the company is run by the nominee of the company. |
Yes On death of partner or designated partner, Share of them will be transferred to their legal heir but this may not result in dissolution. |
No It does not have perpetual succession as this depends upon the will of partners. |
No Perpetual existence does not exist with the death of the proprietor concern. |
| Annual Statutory Compliance | High Annual Filling of Company, Directors compliance, Audit, Income tax Return, Meeting and other Filling GST compliances. |
High Annual Filling of Company, Directors compliance, Audit, Income tax Return, Meeting and other Filling GST compliances. |
Low Annual Filling, Income tax Return, GST compliance is to be required and Audit is not mandatory. |
Low Income tax Return and GST compliance Audit in case of Turnover crosses the limit. |
Lowest Compliance with Income tax and GST only(if any). |
| Transferability | Yes Shares are easily transferable from one to other. |
Yes Share can be transferred by one person to other but nominee needs to be changed. |
Yes Addition and deletion of partners are possible through change in share of capital contribution. |
Yes Addition and removal of partner is possible new deeds with the changes in capital and profit sharing needs to be done. |
No It cannot be transferred. |
| Foreign Direct Investment (FDI) | Yes FDI is available under automatic route. |
No Single owner hence FDI is not possible and not allowed. |
Yes FDI is permitted subject to prior approval by the central government. |
No FDI is not permitted in partnership firm. |
No Small scale Business organization hence no FDI is permitted. |
