Limited Liability Partnership (LLP) Registration Services
Ideal business vehicle for professionals, partners, and modern services combining the flexibility of a partnership with limited liability protection.
Overview & Legal Requirements
A Limited Liability Partnership (LLP), governed under the Limited Liability Partnership Act, 2008, offers the perfect hybrid structure for professionals, partners, and growing consulting firms. It combines the internal organizational flexibility and ease of operation of a traditional partnership with the paramount advantage of limited liability protection enjoyed by corporate shareholders.
In a standard partnership firm, partners bear unlimited personal liability, meaning personal assets can be seized to pay off business debts or negligence committed by other partners. In contrast, in an LLP, the liability of each partner is strictly limited to their agreed capital contribution, and no partner can be held personally liable for the independent or unauthorized acts of other partners.
Madhav Consultancy manages the full spectrum of LLP formation. We reserve your firm's name on the MCA portal (RUN-LLP), obtain Digital Signature Certificates, draft and file Form FiLLiP for incorporation, and prepare a customized, legally binding LLP Agreement (Form 3) that precisely governs profit ratios, capital additions, retirement clauses, and operational powers.
Key Benefits of This Service
Who Is Eligible / Required to Apply?
Minimum 2 Designated Partners (at least one must be an Indian resident). Both individuals and corporate bodies can be partners.
Step-by-Step Filing Procedure
Class-3 DSC for Designated Partners
Obtain digital signature certificates for the proposed designated partners.
RUN-LLP Name Approval
Submit proposed partnership names on the MCA portal for reservation and trademark checking.
FiLLiP Incorporation Form Submission
File Form FiLLiP along with partner KYC and registered office proof with the Registrar of Companies.
Issuance of Certificate of Incorporation (COI)
The ROC approves the application and issues the Certificate of Incorporation with unique LLPIN.
LLP Agreement Drafting & Form 3 Filing
Draft customized deed on non-judicial stamp paper, notarize, and file Form 3 within 30 days.
Documents Required
Frequently Asked Questions
No, under the LLP Act, an audit of accounts is only mandatory if the annual turnover exceeds ₹40 Lakhs or the partner capital contribution exceeds ₹25 Lakhs.
File LLP Registration
Verified filings directly on official government portals with dedicated case updates.