Limited Liability Partnership (LLP) Registration

Establishing an LLP offers a flexible business structure with limited liability protection and minimal compliance requirements. It is an ideal choice for startups and small businesses looking for a corporate identity.

Our team simplifies the registration process, from obtaining the Digital Signature Certificate (DSC) to acquiring the LLP Incorporation Certificate. Get started today and enjoy the benefits of limited liability with operational flexibility.

Limited Liability Partnership (LLP) Registration

A Limited Liability Partnership (LLP) is a hybrid structure that blends the flexibility of a partnership with the limited liability benefits of a company. It allows entrepreneurs to operate with minimal compliance burden while maintaining separate legal status and protection of personal assets.

LLPs are increasingly popular in India due to their ease of setup, cost efficiency, and simplified management structure — making them an ideal choice for startups, professionals, and small businesses.

Why Choose an LLP?

Limited Liability: Partners are not personally responsible for business debts.
No Minimum Capital Requirement: Start small and scale as your business grows.
Separate Legal Entity: The LLP can own assets and enter contracts independently.
Simplified Compliance: Fewer regulatory filings and easier management compared to Private Limited Companies.
Tax Efficiency: LLPs benefit from flexible profit-sharing and favorable tax treatment.

Our LLP Services

1. LLP Registration
Complete assistance with name reservation, partner DSC/DIN, drafting of the LLP Agreement, and MCA form submissions.
2. Post-Incorporation Filings
Management of all event-based filings such as partner additions/removals, registered office change, contribution updates, or amendments to the LLP Agreement.
3. Annual Compliance
Filing of Form 11 (Annual Return) and Form 8 (Statement of Accounts & Solvency) to ensure MCA compliance.
4. Accounting & Audit Support
Preparation of financial statements and facilitation of statutory audits if turnover exceeds ₹40 lakhs or capital contribution exceeds ₹25 lakhs.
5. LLP Closure / Strike-Off
Assistance in the formal closure or strike-off process for dormant or inactive LLPs under the LLP Act, 2008.

Why Prowess Tax Consultancy

Specialized Team: Experienced professionals handling LLP filings, MCA procedures, and legal structuring.
Timely Reminders: Automated reminders for annual and event-based compliance deadlines.
Transparent Pricing: Clear, upfront pricing with no hidden fees.
Comprehensive Solutions: End-to-end services covering tax, ROC compliance, and financial advisory.

Frequently Asked Questions (FAQs)

1. What is an LLP?

A Limited Liability Partnership combines the operational flexibility of a partnership with the limited liability protection of a company.

2. How many partners are required to start an LLP?

A minimum of two designated partners is required to incorporate an LLP in India.

3. What are the annual compliance requirements for an LLP?

Every LLP must file Form 8 (Statement of Accounts & Solvency) and Form 11 (Annual Return) annually with the MCA.

4. Does an LLP require an audit?

An audit is mandatory only if annual turnover exceeds ₹40 lakhs or capital contribution exceeds ₹25 lakhs.

5. Can a partnership firm be converted into an LLP?

Yes, an existing partnership firm can be converted into an LLP under the LLP Act, 2008.