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“Incorporating my Startup with Silversix Consultant was an incredibly smooth and hassle-free experience. The team was highly professional, guiding us every step of the way with clear communication and prompt support. The registration process was fast, and every detail was handled with precision and accuracy. Highly recommend Silversix Consultant for anyone starting a business.”
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“Company is good and service is also smooth. I used their compliance service and the response was timely with no delay and price are also convenient. They are always available to cater your need.”
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Anoop KrishnanFounder of EIGHTH DAY FORGE
“It's rare to find a service provider who makes the process feel personal—Silversix Consultant absolutely did. From day one, they patiently explained every detail without any jargon, making it easy to understand and stress-free. There was zero chasing, no delays-just efficient, smooth execution all the way through. I felt supported, heard, and confident at every step of registering my company EIGHTH DAY FORGE (OPC) Private Limited. Thanks to Mr. Sriram and his wonderful team.”
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“Silversix Consultant made the entire registration process for our company, EKnal Technologies, smooth and stress-free. Their team was professional, efficient, and incredibly supportive from start to finish. Highly recommend them to any founder looking for a reliable partner in their business journey! Special shoutout to Sriram and Aswin — your support, clarity, and responsiveness made the whole process incredibly smooth.”
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WHY CHOOSE US?
Expert Legal Team
Experienced legal experts in company formation and corporate law.
Fast Turnaround
Kickstart your venture with efficient company setup, generally processed within a week.
Dedicated Support
Personal manager by your side, every step of the way and beyond.
Complete Documentation
We handle all paperwork and ensure full legal compliance.
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Free business resources to fuel your company's success from day one.
24/7 Customer Service
Round-the-clock assistance for all your concerns.
Ready to Register Your Company?
Start your company with professional help - setup support from ₹999. Typically completed in 6 working days
HERE'S HOW IT WORKS
1. Fill the Form
Simply fill the above form to get started.
2. Call to discuss
Our startup expert will connect with you & complete legalities.
3. Start Your Company
Get professional assistance with company incorporation.
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Company Registration Package
₹999 /one-time
Complete within 6 days
6-day turnaround 100% guaranteed
Incorporation Certificate
PF + ESIC + Professional Tax
Complete Documentation Support
Bank Account Opening Assistance
Web Hosting Assistance
Digital Signature Certificate (DSC)
GST Registration Assistance
Director Identification Number (DIN)
Company PAN & TAN
Domain Name & Email Assistance
*Government fees are additional and vary based on company structure
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Silversix Consultant Prime
An all-inclusive solution for startups and expanding enterprises seeking a streamlined, compliant incorporation process.
Key Benefits
Personalised support from dedicated incorporation specialists.
Application prepared and filed within 2 days.
24/7 customer assistance.
Important Notes
We strive to register your preferred business name whenever feasible.
Alternative name suggestions are provided if the preferred name is not approved.
Package includes first-year compliance services: auditor appointment, annual filings, and related obligations.
Limited Liability Partnership (LLP) Registration is a popular business structure that combines the benefits of a partnership with the limited liability of a company. Governed by the Limited Liability Partnership Act, 2008, an LLP is a separate legal entity where partners have limited liability, meaning their personal assets are protected from business debts.
LLPs are ideal for professionals, service providers, and small businesses as they offer lower compliance costs compared to Private Limited Companies. There is no requirement for a mandatory audit unless the turnover exceeds ₹40 Lakhs or capital contribution exceeds ₹25 Lakhs.
The registration process involves obtaining Digital Signature Certificates (DSC), reserving the name via RUN-LLP, and filing the FiLLiP (Form for incorporation of Limited Liability Partnership). Once incorporated, the partners must execute and file an LLP Agreement within 30 days.
At Silversix Consultant, we make LLP Registration simple and affordable. Our experts guide you through every step, from name approval to drafting the LLP Agreement, ensuring a smooth and compliant start to your business.
What is a Limited Liability Partnership (LLP)?
A Limited Liability Partnership (LLP) in India is a modern business structure that combines the flexibility of a partnership with the benefits of limited liability. Governed by the Limited Liability Partnership Act, 2008, an LLP is a separate legal entity where partners' personal assets are protected from business debts and liabilities.
LLPs are ideal for professionals, startups, and small businesses seeking operational flexibility, lower compliance costs, and tax efficiency. Each partner's liability is limited to their agreed contribution, and the LLP continues to exist regardless of changes in partners.
Unlike traditional partnership firms, LLPs offer perpetual succession, easy transferability, and the ability to own property and enter contracts in their own name. This makes LLP registration a preferred choice for businesses looking for credibility and legal protection in India.
Definition as per the LLP Act, 2008
According to the Limited Liability Partnership Act, 2008, an LLP is characterized by the following key features:
Separate Legal Entity:
An LLP is a body corporate and a legal entity separate from its partners. It has perpetual succession, meaning its existence is not affected by changes in partners.
Limited Liability:
The liability of each partner is limited to their agreed contribution in the LLP. No partner is liable on account of the independent or unauthorized actions of other partners.
LLP Agreement:
The mutual rights and duties of the partners and those of the LLP and its partners are governed by the LLP Agreement. This provides flexibility in internal management.
LLP Act, 2008
The Limited Liability Partnership Act, 2008 (Act No. 6 of 2009) serves as the primary legislation for LLPs in India. It introduced the concept of LLP to provide a form of business organization that is simple to maintain while providing limited liability to the owners. The Act received presidential assent on 7 January 2009 and was notified on 31 March 2009.
Types of Partners in LLP:
Before registering an LLP, it is essential to understand the roles of partners involved in the business structure.
Designated Partners:
Every LLP must have at least two designated partners who are individuals and at least one of them must be a resident in India. They are responsible for legal compliances.
Partners:
Other partners contribute capital and share profits/losses as per the LLP Agreement but may not be responsible for day-to-day compliance unless specified.
Understanding these roles helps in defining responsibilities and ensuring smooth operations of the LLP.
What Are the Key Features of an LLP?
An LLP in India offers a unique blend of corporate and partnership features, making it a preferred choice for many.
1. Limited Liability
Partners are not personally liable for the debts of the LLP. Their liability is limited to their contribution.
2. Separate Legal Entity
The LLP can own assets and incur liabilities in its own name, distinct from its partners.
3. Perpetual Succession
The LLP continues to exist regardless of changes in partners, death, or insolvency of partners.
4. No Minimum Capital
An LLP can be started with any amount of capital. There is no minimum requirement.
5. Lower Compliance Cost
Compared to a Private Limited Company, the compliance requirements and costs for an LLP are significantly lower.
6. No Audit Requirement
Audit is not mandatory unless turnover exceeds ₹40 Lakhs or contribution exceeds ₹25 Lakhs.
7. Flexible Management
Partners can manage the business directly, unlike shareholders in a company who appoint directors.
8. Easy Transferability
Ownership can be transferred by admitting new partners or retiring existing ones as per the agreement.
9. FDI Allowed
100% FDI is allowed in LLPs under the automatic route in sectors where 100% FDI is allowed for companies.
10. Tax Efficiency
LLPs are not subject to Dividend Distribution Tax (DDT), making profit distribution more tax-efficient.
Benefits of an LLP Registration:
Choosing an LLP structure offers several advantages, especially for small businesses and professionals. Here's why it's a smart choice:
Protection of Personal Assets
Partners' personal assets are safe from business liabilities. Only the LLP's assets are at risk.
Operational Flexibility
The LLP Agreement defines the roles and responsibilities, allowing partners to manage the business as they see fit.
Cost-Effective
Lower registration and compliance costs make it an economical choice for startups and small businesses.
No Dividend Distribution Tax
Profits distributed to partners are not taxed, unlike dividends in a company which attract tax.
Professional Management
Ideal for professionals like CAs, lawyers, and architects who want to work together with limited liability.
Easy to Wind Up
The process for closing an LLP is simpler and less time-consuming compared to a Private Limited Company.
Start your Limited Liability Partnership registration today with expert guidance!
Difference Between LLP and Other Business Structures:
Comparing LLP with other business structures helps in making an informed decision. LLP offers a middle ground between a Partnership Firm and a Private Limited Company, providing limited liability with operational flexibility.
Key Feature
LLP (Limited Liability Partnership)
Private Limited Company
Partnership Firm
Sole Proprietorship
Partnership Firm
Applicable Law
LLP Act, 2008
Companies Act, 2013
Partnership Act, 1932
No formal governing Act
Regulated under Partnership Act, 1932
Registration
Mandatory with MCA
Mandatory with MCA
Optional
Not Required
Optional registration
Liability
Limited to contribution
Limited to shares
Unlimited
Unlimited
Partners have unlimited liability
Legal Status
Separate Legal Entity
Separate Legal Entity
Not Separate
Not Separate
Not Separate
Registration
Mandatory registration with ROC
Mandatory registration with ROC
Registration required under MCA
No registration required
Optional registration
Minimum Capital
No minimum capital requirement
High minimum capital threshold
No minimum capital requirement
Funded by owner's savings
No capital restrictions
Taxation
Corporate tax (22%-30%)
Corporate tax rates apply
Flat 30% on profits
Taxed as personal income
Taxed as individual income
Compliance
High compliance, annual reporting
Very high compliance with disclosures
Moderate compliance requirements
Minimal compliance burden
Minimal compliance burden
Governance
Managed by appointed directors
Controlled by board of directors
Run by designated partners
Fully controlled by owner
Jointly managed by all partners
Ownership Transfer
Transfer restricted and needs approval
Ownership freely transferable
Transfer subject to partnership terms
Not transferable
Requires partner consent
Business Continuity
Perpetual succession
Continues regardless of ownership changes
May dissolve if not reconstituted
Ends with owner's death or exit
Dissolves unless reformed
FDI (Foreign Investment)
Permitted in most sectors
Permitted with sectoral caps
Allowed with government approval
Foreign investment not permitted
Foreign investment not permitted
Best For
Startups, growth-focused companies
Established, large enterprises
Service-based or professional firms
Independent professionals, shop owners
Small family-run businesses
Examples
Swiggy, Zomato
Infosys, TCS
Legal or IT consulting firms
Freelancers, local vendors
Traditional retail stores
Pros and Cons of Registering an LLP:
Explore the comprehensive pros and cons of forming a Limited Liability Partnership (LLP) in India. This table provides an in-depth comparison of essential factors such as limited liability, compliance responsibilities, and business continuity to help you make an informed decision.
Aspect
Advantages
Disadvantages
Limited Liability
Partners' personal assets are protected. Liability is limited to their agreed contribution.
Partners are not liable for the unauthorized acts of other partners, but designated partners are responsible for compliance.
Separate Legal Entity
Operates independently from its partners. Can own assets and sue/be sued in its own name.
Requires formal registration and adherence to the LLP Act, 2008.
Perpetual Succession
The LLP continues to exist despite changes in partners, death, or insolvency.
Winding up an LLP can be a lengthy process compared to a partnership firm.
Compliance Burden
Lower compliance requirements compared to a Private Limited Company. No mandatory audit for small LLPs.
Penalties for non-compliance are high, even for nil returns.
Taxation
No Dividend Distribution Tax (DDT). Profits can be withdrawn by partners without additional tax.
Taxed at a flat rate of 30% plus surcharge and cess, which might be higher than individual slab rates for some.
Management Flexibility
Partners can manage the business directly as per the LLP Agreement.
Lack of separation between ownership and management might not appeal to some investors.
Fundraising
Can raise funds from partners and banks.
Cannot raise funds from the public or issue equity shares, limiting large-scale capital raising.
Minimum Requirements for LLP Registration:
Minimum 2 Partners are required
Minimum 2 Designated Partners (one must be Indian resident)
Registered Office Address in India
Digital Signature Certificate (DSC) for all Designated Partners
DPIN (Designated Partner Identification Number) for Designated Partners
LLP Agreement must be executed
No Minimum Capital Requirement
What Are the Documents Required for Registering an LLP?
To successfully register an LLP in India, partners must provide specific identity and address verification documents. These documents are mandated by the Ministry of Corporate Affairs (MCA) under the LLP Act, 2008.
Category
Document Type
Specific Examples
Purpose
For Indian Nationals
Identity Proof
PAN Card (Mandatory), Aadhaar Card, Passport, Voter ID, Driving License
Establishes the identity of partners as per the LLP Act, 2008
Address Proof
Recent Utility Bills or Bank Statements (not older than 2 months)
Verifies residential address of Indian partners
For Foreign Nationals
Identity Proof
Passport (Mandatory)
Primary document for verifying foreign partner identity
Address Proof
Driver's License, Bank Statement, or Residence Permit
Confirms current address of foreign individuals involved in the LLP
For Corporate Partners
Board Resolution
Signed resolution passed by the company's board
Authorizes investment in the proposed LLP
Certificate of Incorporation
Official certificate from the registrar of companies
Proof of legal existence of the corporate entity
Registered Office Proof
Utility Bill or Property Tax Receipt (not older than 30 days)
Verifies the corporate entity's registered office address
Rent Agreement / No Objection Certificate (NOC)
Rental agreement or NOC from the property owner
Grants permission to use the premises as registered office
For LLP Registration
LLP Agreement
Document defining mutual rights and duties
Governs the internal management of the LLP
Consent & Declarations
Form 9 (Consent to act as Designated Partner)
Indicates willingness and legal agreement to act as designated partner
Digital Signature Certificate (DSC)
Issued for each designated partner
Enables secure and legally recognized electronic filings with MCA
Common Across All Categories
Designated Partner Identification Number (DPIN)
Issued by MCA to every designated partner
Unique number required for legal compliance and filings
Passport-Size Photograph
Recent photos of partners
Used for identification and incorporation formalities
Step-by-Step Process for LLP Registration in India
Registering an LLP in India is a streamlined process for professionals and small businesses, offering benefits like limited liability and operational flexibility. This guide outlines each essential step involved in the incorporation process, as per the regulations of the Ministry of Corporate Affairs (MCA).
Step 1: Acquire Digital Signature Certificate (DSC)
All designated partners must possess a Digital Signature Certificate (DSC) to electronically sign incorporation documents. The DSC ensures secure online submissions on the MCA portal. Our team facilitates a smooth application process by coordinating with licensed Certifying Authorities (CA).
Step 2: Apply for Designated Partner Identification Number (DPIN)
The Designated Partner Identification Number (DPIN) is a unique identifier issued by the MCA. It is mandatory for anyone who wishes to be a designated partner in an LLP. This can be applied for along with the incorporation form.
Step 3: Reserve LLP Name (RUN-LLP)
Choosing a distinctive and legally acceptable name is crucial. The name reservation process involves:
Submitting the RUN-LLP (Reserve Unique Name - Limited Liability Partnership) form on the MCA platform.
Ensuring the proposed name follows naming guidelines as per the LLP Act, 2008.
Verifying name availability and uniqueness to avoid rejection due to trademark conflicts.
Step 4: File the FiLLiP Form for Incorporation
FiLLiP (Form for incorporation of Limited Liability Partnership) is the integrated form for incorporation:
It includes details of designated partners, partners, and the registered office.
Consent of partners and designated partners is also filed.
We handle the entire FiLLiP filing to ensure a seamless and error-free incorporation process.
Step 5: Draft and File LLP Agreement
LLP Agreement: This is the most critical document that governs the mutual rights and duties of the partners and the LLP.
It must be filed in Form 3 within 30 days of the date of incorporation. Our legal professionals will draft a comprehensive agreement tailored to your business needs.
Step 6: Receive Certificate of Incorporation (COI)
The Certificate of Incorporation is issued by the Registrar of Companies (RoC) and officially marks the formation of your LLP.
After incorporation, we will:
Apply for Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN).
Assist in opening your LLP's current bank account.
Provide post-incorporation compliance guidance.
Take the first step toward building your dream business. Our experts are here to guide you through the LLP registration process with ease and precision. Get started today!
Mandatory MCA Compliance Checklist for LLPs in India:
Registering your LLP is just the first step. To maintain legal validity and avoid penalties, it's crucial to comply with the Ministry of Corporate Affairs (MCA) regulations. Regular filings ensure your LLP stays compliant and credible. Here's a comprehensive table outlining all essential MCA compliance requirements for LLPs:
Aspect
Compliance Requirement
Frequency
Why It's Important
Annual Return Filing
File Form 11 containing details of partners and their contributions.
Annually (within 60 days of financial year end)
Ensures accurate record-keeping with MCA and reflects LLP governance.
Statement of Accounts
Submit Form 8 (Statement of Account & Solvency).
Annually (within 30 days from end of 6 months of financial year)
Discloses financial performance and solvency status.
Income Tax Filing
File Form ITR-5 declaring income, deductions, and tax liabilities.
Annually (July 31st or Sept 30th)
Mandatory under Income Tax Act to maintain tax compliance.
Director KYC
Submit Form DIR-3 KYC for all Designated Partners holding DPIN.
Annually (by 30th September)
Prevents disqualification and ensures up-to-date information with MCA.
Tax Audit
Conduct a financial audit by a Chartered Accountant if turnover > ₹40 Lakhs or Contribution > ₹25 Lakhs.
Annually (by 30th September)
Verifies financial integrity and ensures legal accuracy of accounts.
LLP Agreement
File Form 3 within 30 days of incorporation.
One-time (unless amended)
Governs the mutual rights and duties of partners.
FAQs on LLP Registration
Setting up a Limited Liability Partnership (LLP) in India is a smart choice for many businesses. With expert guidance and the right resources, the LLP registration process can be simple, fast, and hassle-free. Whether you're wondering how to fill out the FiLLiP form, what essential documents are required for LLP registration, or what to expect after incorporation - we're here to help.
To simplify your journey, we've compiled answers to the most frequently asked questions about LLP registration. These clear and concise FAQs are designed to guide you through each step with confidence. Discover everything you need to know and take the first step toward launching your dream business today.
As per the LLP Act, 2008, registering an LLP in India requires a minimum of two partners, and at least two designated partners (one must be an Indian resident).
There is no minimum capital requirement for registering an LLP. Partners can contribute any amount of capital as mutually agreed.
Yes. The LLP Agreement must be executed and filed with the Registrar in Form 3 within 30 days of incorporation. It defines the roles, responsibilities, and profit-sharing ratio of partners.
Yes, an LLP can engage in multiple business activities as long as they are mentioned in the LLP Agreement and approved by the Registrar of Companies (RoC).
For Partners: PAN card, Aadhaar card/Passport, and current address proof (utility bill or bank statement).
For LLP Registration: Digital Signature Certificate (DSC), LLP Agreement, and proof of registered office address.
For Corporate Partners: Board Resolution and Certificate of Incorporation.
Yes, Non-Resident Indians (NRIs) and foreign nationals can become partners in an LLP, provided there is at least one designated partner who is an Indian resident.
Yes, you can use your residential address as the registered office for your LLP. However, all official communication from the RoC and government will be sent to this address.
A Partner is an owner of the LLP, while a Designated Partner is responsible for legal compliance and regulatory filings. Every LLP must have at least two designated partners.
No, a commercial office space is not mandatory. You can use a residential or rented home address as your registered office.
No, an LLP requires at least two partners. A single individual cannot form an LLP.
SPICe+ (Simplified Proforma for Incorporating Company Electronically Plus) is an integrated e-form introduced by the Ministry of Corporate Affairs (MCA) to streamline the company registration process in India. It offers multiple services in a single application, including:
Company name reservation
Director Identification Number (DIN) allotment
PAN and TAN issuance
EPF and ESIC registration
Opening of a business bank account
Using SPICe+ ensures faster processing, fewer errors, and simplified compliance for startups and businesses.
Registering a Private Limited Company usually takes around 10 to 15 working days, depending on document readiness and approval from the Ministry of Corporate Affairs (MCA). Timely submission of accurate documents can speed up the registration process.
Once your company is successfully registered, you should:
Open a current bank account in the company's name
File INC-20A for the Certificate of Commencement within 180 days
Appoint a statutory auditor within 30 days of incorporation
Ensure ongoing annual compliance like board meetings and ROC filings
These steps are crucial to activate your business legally and maintain good standing.
No, a common seal is not mandatory for an LLP. However, if the LLP decides to have one, it must be used as per the LLP Agreement.
A Digital Signature Certificate (DSC) is an encrypted digital key used to sign electronic documents securely. It is compulsory for signing e-forms such as FiLLiP and other filings during the LLP registration process in India.
If your proposed name is not approved by the MCA, you can reapply with an alternate name through the RUN-LLP service or FiLLiP form. There are no additional government fees for resubmission if done within the permitted resubmission window.
To ensure smooth and timely registration of your LLP:
Submit all documents accurately and in the correct format
Choose a unique, MCA-compliant LLP name
Respond to MCA queries or resubmissions promptly
Working with professionals can also prevent common registration errors.
LLPs must meet annual compliance obligations, which include:
Filing Annual Return via Form 11
Filing Statement of Accounts & Solvency via Form 8
Filing Income Tax Returns using ITR-5
Completing Designated Partner KYC via Form DIR-3 KYC
Timely compliance avoids legal issues and ensures smooth operations.
Failure to meet statutory compliance requirements may result in:
Late filing penalties (₹100 per day of delay)
Legal notices from the MCA
Disqualification of designated partners
LLP status being marked as inactive or struck off
Regular compliance ensures legal safety and financial health of the business.
No, an LLP cannot raise funds from the public by issuing shares. It relies on partner contributions and loans from financial institutions.
LLPs are not subject to Dividend Distribution Tax (DDT). Profits distributed to partners are not taxed in the hands of the partners.
Designated Partner: Responsible for legal compliance and regulatory filings of the LLP.
Partner: An owner of the LLP who shares profits and losses but may not be responsible for compliance.
Limited liability means partners are not personally liable for the debts of the LLP. Their liability is limited to their agreed contribution to the LLP.
Yes, salaried individuals can be partners in an LLP, subject to any restrictions in their employment agreement. However, they may need to check if they can be a Designated Partner.
GST registration is compulsory if:
Annual turnover exceeds ₹40 lakhs (goods) or ₹20 lakhs (services).
Your LLP deals in inter-state supply of goods or services.
No minimum turnover is required to start an LLP. You can register and operate even without any initial sales or business activity.
Yes, an LLP can be converted into a Private Limited Company, though the process is complex. It is generally easier to start as the desired entity.
LLPIN is a unique identification number assigned to every registered LLP by the Ministry of Corporate Affairs (MCA). It reveals the LLP's registration details.
DPIN is a mandatory identification number issued by the MCA for individuals who wish to become designated partners in an LLP. It is equivalent to DIN for company directors.
Limited liability protection.
Separate legal entity status.
Lower compliance burden compared to Pvt Ltd.
No audit requirement for small LLPs.
Tax efficiency (no DDT).
Cannot raise funds through equity shares.
Less attractive to Venture Capitalists compared to Pvt Ltd.
Higher penalties for non-compliance compared to partnership firms.
No, Provident Fund (PF) and Goods & Services Tax (GST) are not automatically applicable. They become mandatory only when your business crosses specific thresholds.
Consider an LLP structure if you:
Are a professional service provider or small business.
Want limited liability with operational flexibility.
Do not plan to raise venture capital funding immediately.
Currently, CSR provisions under the Companies Act do not explicitly apply to LLPs in the same mandatory manner as companies, but LLPs can voluntarily undertake CSR activities.
Once the LLP is incorporated, a current account needs to be opened. You will need the Certificate of Incorporation, LLP Agreement, PAN card of the LLP, and KYC of partners.
Contribution refers to the amount of capital introduced by each partner into the LLP. It is similar to share capital in a company but does not involve issuing shares.
An auditor must be appointed if the LLP's turnover exceeds ₹40 Lakhs or contribution exceeds ₹25 Lakhs.
Ownership can be transferred by admitting new partners or changing the profit-sharing ratio, which requires amending the LLP Agreement and filing Form 3 and Form 4 with the MCA.
To change the name of an LLP, you need to reserve a new name via RUN-LLP, pass a resolution, execute a supplementary agreement, and file Form 5 with the MCA.
Profits are distributed among partners as per the profit-sharing ratio defined in the LLP Agreement.
