LIMITED LIABILITY PARTNERSHIP (LLP)

LLP Registration – Register Your Limited Liability Partnership with “Noble India Filings”

Start Your LLP with Legal Compliance & Tax Benefits

A Limited Liability Partnership (LLP) is a hybrid business structure that combines the flexibility of a partnership with the limited liability of a company. Governed by the Limited Liability Partnership Act, 2008, LLP registration provides legal recognition, tax benefits, and reduced compliance burdens, making it a popular choice for startups, professionals, and businesses.

At Noble India Filings, we ensure a seamless LLP registration process, helping you set up your business with complete legal compliance.

Who Should Register an LLP?

1. Professionals & Service Providers

LLPs are highly preferred by professionals who wish to collaborate while ensuring limited liability and legal security. If you’re a:

✔ Software Developer
✔ Designer (Graphic, Fashion, or Interior)
✔ Content Creator (YouTuber, Blogger, Podcaster)
✔ Consultant (Business, IT, HR, Marketing, etc.)
✔ Lawyer, Accountant, Chartered Accountant (CA), or Company Secretary (CS)
✔ Architect or Engineer
✔ Financial Advisor or Investment Consultant
✔ Healthcare Practitioner (Doctor, Dietician, Psychologist, etc.)

An LLP allows professionals to pool resources, minimize risks, and grow their businesses collaboratively.

2. Small & Medium-Sized Enterprises (SMEs)

For small and medium businesses, LLPs provide a cost-effective structure with reduced compliance requirements.

LLPs offer:

✔ Limited liability protection for business owners
✔ Profit-sharing flexibility among partners
✔ Legal recognition that enhances credibility
✔ A simpler compliance process compared to a Pvt. Ltd. company

Businesses such as retailers, traders, IT firms, travel agencies, marketing agencies, and event planners benefit significantly from LLP registration.

3. Startups Seeking Flexibility & Liability Protection

For startups, an LLP provides legal security, operational flexibility, and lower compliance requirements.

Benefits include:

✔ Protection of personal assets while taking business risks
✔ A streamlined registration process with fewer regulatory hurdles
✔ Freedom to modify profit-sharing ratios without complex documentation

If you’re launching a tech startup, e-commerce venture, or consultancy, an LLP ensures business security without the complexities.

4. Family-Owned Businesses

LLPs offer a structured and legally secure way for families to run businesses together while ensuring:

✔ Clear ownership and profit-sharing structures
✔ Smooth succession planning without legal hurdles
✔ Legal protection for family members involved in business operations

For generational businesses, LLP registration provides long-term stability and seamless transfer of management rights.

Key Benefits of LLP Registration

✔ Limited Liability Protection – Partners are only liable for their investment in the business, protecting     

      their personal assets.

✔ Separate Legal Entity – The LLP can own property, enter contracts, and sue or be sued in its own name.

✔ No Minimum Capital Requirement – Start your LLP with any amount of capital.

✔ Flexible Management – No requirement for a Board of Directors or compulsory board meetings.

✔ Less Compliance & Cost-Effective – Fewer legal formalities.

✔ Tax Benefits – LLPs are exempt from Dividend Distribution Tax (DDT) and profits are taxed only once.

✔ Easy Ownership Transfer – Partners can exit or transfer ownership easily without disrupting business

      operations.
✔ No Mandatory AGMs – Unlike companies, LLPs are not required to hold Annual General Meetings.

✔ Enhanced Access to Funding – LLPs enjoy higher credibility with banks and financial institutions.

✔ Business Continuity – LLPs remain operational even if a partner leaves or passes away.

Step-by-Step LLP Registration Process with “Noble India Filings”

🔹 Step 1: Name Reservation (RUN-LLP Form) – We check for LLP name availability and apply for MCA

      approval.
🔹 Step 2: Digital Signature Certificate (DSC) for Partners – Partners must obtain DSC for e-filing LLP

       documents.
🔹 Step 3: LLP Incorporation Filing (FiLLiP Form) – We submit the LLP incorporation application to MCA.
🔹 Step 4: LLP Agreement Drafting & Filing – We prepare a legally compliant LLP Agreement covering:
      ✔ Roles & Responsibilities of Partners
      ✔ Profit-Sharing Ratios
      ✔ Operational Guidelines
🔹 Step 5: Issuance of LLP Incorporation Certificate – Once approved, the Registrar of Companies (ROC)

      issues the Certificate of Incorporation.
🔹 Step 6: PAN, TAN & Bank Account Setup – We assist in obtaining a PAN, TAN & opening a business

       bank account.

🚀 Total Processing Time: Work will commence immediately during business hours. The registration timeline depends on name approval and any additional documents or declarations required by the MCA.

Documents Required for LLP Registration

📌 For Partners:
✔ PAN Card & Aadhaar Card
✔ Address Proof (Bank Statement, Utility Bill)
✔ Passport-size Photographs
✔ Digital Signature Certificate (DSC)

📌 For LLP:
✔ Proposed LLP Name
✔ Registered Office Address (Utility Bill & NOC from the owner)
✔ LLP Agreement & Capital Contribution Details

Post-Registration Compliance for LLPs

📌 Annual Return (Form 11) – To be filed within 60 days of the financial year-end.
📌 Statement of Accounts & Solvency (Form 8) – To be filed by October 30th every year.
📌 Income Tax Return (ITR-5) – Mandatory for LLP tax compliance.

🚨 Non-compliance may result in heavy penalties.

Why Choose “Noble India Filings” for LLP Registration?

✅ Complete LLP Registration Assistance – From name approval to legal documentation.
✅ Quick & Hassle-Free Process – Get your LLP registered at the earliest.
✅ Experienced CA & Legal Experts – Ensuring error-free filings & compliance.
✅ Transparent Pricing – No hidden fees, just affordable rates.
✅ Ongoing Compliance Support – Help with GST, Income Tax & regulatory filings.

🚀 Secure your business with legal protection – Register your LLP with Noble India Filings today!

FAQs on LLP Registration

Q1: How long does LLP registration take?

✅ Typically 7-10 working days, depending on document approvals.

Q2: Can an LLP be converted into a Private Limited Company?

✅ Yes, LLPs can be converted into a Private Limited Company through MCA approval.

Q3: How many partners are required for LLP formation?

✅ A minimum of 2 partners is required, but there is no upper limit.

Q4: Is an LLP better than a Private Limited Company?

✅ LLPs have lower compliance and costs, whereas Private Limited Companies are better for scalable businesses seeking funding.

Q5: Can an LLP raise funding from investors?

🚨 LLPs cannot issue shares but can receive funding through loans & partner contributions.