CA
MCAFiling Editorial & CA Team
Qualified Chartered Accountants & Company Secretaries · Updated Jun 2026 · 6-8 min read
What is LLP Registration?
An LLP combines operational flexibility of a partnership with limited liability of a company. Partner liability is capped at agreed contribution. No personal liability for wrongful acts of other partners.
LLPs are widely used by professional services firms, small businesses with 2+ partners, and profitable businesses that distribute profits (LLP profit distribution is tax-exempt at firm level — no double taxation).
Quick facts
| Governing Act | LLP Act, 2008 |
| Relevant Section | Sections 11, 12 |
| Form Reference | FiLLiP |
| Filing Authority | RoC / MCA |
| Typical Timeline | 10-15 working days |
| Professional Fee | ₹5,999 onwards |
| Government Fee | ₹2,000 - ₹10,000 |
Who needs this filing?
- Professional services firms — consultancies, agencies, CAs, lawyers
- Small businesses with 2+ partners wanting liability protection
- Profitable businesses that distribute profits annually
- Family-run businesses upgrading from partnership
Step-by-step process
DSC & DPIN
Obtain Class 3 DSC for designated partners. Apply for DPIN via FiLLiP.
Name reservation (RUN-LLP)
File RUN-LLP with 2 name options. Approval in 1-2 days.
FiLLiP filing
File FiLLiP with subscriber sheet, consent to act as DP, registered office proof.
LLP Agreement drafting
Draft LLP Agreement defining capital, profit-sharing, roles, management.
Certificate of Incorporation
RoC reviews and issues CoI with LLPIN.
Form 3 — Agreement filing
File LLP Agreement in Form 3 within 30 days of incorporation. Mandatory.
Documents required
- PAN, Aadhaar, photograph of all partners
- Address proof of partners
- Bank statement / utility bill
- Registered office address proof + NOC
- Electricity bill of registered office
Detailed fees breakdown
| Item | Amount |
|---|
| Professional fee | ₹5,999 |
| DSC (2 partners) | ~₹2,000 |
| Govt fee (capital ≤ ₹1 lakh) | ₹500 |
| Stamp duty on LLP Agreement | ₹500 - ₹5,000 |
Note: Government fees vary by state and are payable separately at actuals. Stamp duty depends on registered office state. Professional fees shown are indicative.
Key advantages
- Limited liability (capped at contribution)
- No audit if turnover < ₹40 lakh AND contribution < ₹25 lakh
- Lower annual compliance cost than Pvt Ltd
- No double taxation on profit distribution
- Easy addition/exit of partners
- Perpetual succession
What happens after this filing?
Once LLP Registration is complete, the following ongoing compliances apply:
- Form 3 within 30 days of incorporation
- Form 11 by 30 May annually
- Form 8 by 30 October annually
- ITR-5
- DIR-3 KYC for designated partners with DIN
Frequently asked questions
Minimum partners required?
Minimum 2 designated partners; no maximum. At least one must be Indian resident.
Can LLP raise external funding?
Only through partner contribution and unsecured loans. Cannot issue equity. Most VCs prefer Pvt Ltd.
Tax rate on LLP?
Flat 30% + 12% surcharge (if income > ₹1 crore) + 4% cess. Profit distribution to partners is tax-exempt at LLP level.
Is audit mandatory?
Only if turnover > ₹40 lakh OR contribution > ₹25 lakh. Otherwise self-declared.
Penalty for late annual filings?
₹100/day with no upper cap. Continued default can lead to strike-off and partner disqualification.
Related services
Disclaimer: This page is for general informational purposes only. Tax rates, government fees and compliance requirements may change. Form references (e.g. FiLLiP) are statutory form identifiers used to describe the filing we assist with. MCAFiling.in is a private professional services platform and is
not affiliated with the Ministry of Corporate Affairs or the Government of India. Official portal:
mca.gov.in.