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Limited Liability Partnership (LLP)

Protect Your Personal Assets with a Flexible Corporate Structure

An LLP offers the perfect balance of a traditional partnership and a private limited company. Enjoy limited liability protection for your partners without complex corporate compliances.

Limited Liability Partnership (LLP)
Overview

What You Need to Know

What it is: A corporate business vehicle that enables professional expertise and entrepreneurial initiative to combine and operate in flexible, innovative and efficient manner, providing benefits of limited liability while allowing its members the flexibility for organizing their internal structure as a partnership.

Why it's important: It separates personal assets from business liabilities, protecting partners from debts the business incurs.

Who needs it: Professional service providers, startups, and closely held businesses preferring a simpler corporate structure.

Key Benefits

  • Limited liability protection
  • No minimum capital requirement
  • Lower compliance burden compared to Pvt Ltd
  • Flexible management structure

What You Get with Growthora

LLP Name Approval & Reservation
Drafting of LLP Agreement
DSC (Digital Signature Certificate) for Partners
DIN (Director Identification Number)
Filing of Incorporation Forms (FiLLiP)
Certificate of Incorporation Issuance
PAN & TAN Application

Documents Required

Simple checklist submitted 100% digitally through our portal:

PAN Card (Partners)
Aadhaar Card / Voter ID / Passport (Partners)
Latest Bank Statement / Utility Bill (Partners)
Passport-size Photograph (Partners)
Registered Office Address Proof (Electricity Bill / Rent Agreement)
NOC from Owner of Registered Office

Filing & Approval Process

01

Consultation

Expert assessment of your business structure needs.

02

Name Approval

Applying for a unique LLP name via RUN-LLP.

03

DSC & DIN

Obtaining Digital Signatures and DPIN for designated partners.

04

Filing FiLLiP

Submitting the incorporation document to the MCA.

05

Certificate

Receiving the Certificate of Incorporation.

06

LLP Agreement

Drafting and filing the LLP agreement within 30 days.

Frequently Asked Questions

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