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Register your Limited Liability Partnership (LLP) online with Expert Consultants Of We R Legal
An LLP (Limited Liability Partnership) is a business structure governed by the Limited Liability Partnership Act, 2008. It offers limited liability to its partners. In an LLP, there must be at least two partners, with one of them being a resident of India (having stayed in the country for at least 182 days). There is no minimum capital investment required, making LLPs ideal for small businesses in India. However, LLPs cannot issue equity shares, so they cannot raise money from the public. register an LLP is quick and easy with our services.
The main advantage of an LLP over a Private Limited Company is that it has fewer compliance requirements, making it simpler to manage.
Two Colour Photographs of Promoters/Individuals/ Company/ Director
PAN Card of each Shareholders and directors
Identity Proof (Aadhaar Card / Driving License/ Passport)
Address Proof (Bank Statement / Electricity, Mobile, Telephone Bill)
Proof of Registered Office
No Objection Certificate
Advantages of Opening LLP Company
Distinct Legal Recognition
Audit Not Required
Ownership that's easy to transfer.
Perpetual Succession
Taxation Relief
Raising Money
Comparison Table
Act
Registration Requirement
Number of members
Separate Legal Entity
Liability Protection
Statutory Audit
Ownership Transfer ability
Uninterrupted Existence
Foreign Participation
Tax Rates
Statutory Compliance
Comparison Table
Act
Registration Requirement
Number of members
Separate Legal Entity
Liability Protection
Statutory Audit
Ownership Transfer ability
Uninterrupted Existence
Foreign Participation
Tax Rates
Statutory Compliance
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In India, setting up a Limited Liability Partnership (LLP) is governed by the Limited Liability Partnership Act of 2008 and follows the rules from the Ministry of Corporate Affairs (MCA).
Yes, LLPs registered in India can attract foreign investments from angel investors. Experts say this is one of the main advantages of starting an LLP in the country.
Unlike other types of company registrations, there's no minimum capital needed to start an LLP in India. Experts say this is a major advantage when setting up an LLP.
Yes, an LLP can be a partner in another LLP because it is considered a separate legal entity under the Limited Liability Partnership Act, 2008.
Usually, it takes about 12-15 days to complete the registration of an LLP. The expert team at We R Legal™ works hard to finish the process within this time frame.
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