What is the difference between an LLP and a private limited company?

An LLP offers pass-through taxation, lower annual compliance cost and no minimum capital, but is not eligible for FDI under the automatic route in many sectors and cannot issue equity or ESOPs. A Pvt Ltd is the preferred structure for raising venture capital.

Can a company be a partner in an LLP?

Yes. A body corporate (Indian or foreign) can be a partner in an LLP under Section 5 of the LLP Act 2008. A nominee is appointed to represent the body corporate.

What annual compliances are required for an LLP?

Form 11 (Annual Return — by 30 May) and Form 8 (Statement of Account and Solvency — by 30 October), plus ITR-5. Audit is required only if turnover exceeds Rs40 lakh or capital contribution exceeds Rs25 lakh.

LLP Registration

Relevant for:For Startups For SMEs

LLP Registration in India

A Limited Liability Partnership combines the operational flexibility of a partnership with the limited liability of a company. Ideal for professional firms, consultancies and asset-light service businesses that want lower compliance and pass-through taxation.

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What's Included

Name reservation via RUN-LLP

DSC and Designated Partner Identification Number (DPIN)

FiLLiP incorporation filing with MCA

LLP Agreement drafting tailored to partners

Form 3 filing (LLP Agreement) within 30 days

Certificate of Incorporation, PAN and TAN

Post-incorporation compliance calendar

Our Process

STEP 1

Name Reservation

Reserve LLP name via RUN-LLP with two options.

1–2 working days

STEP 2

DSC + DPIN

Obtain DSC and DPIN for all designated partners.

2–3 working days

STEP 3

FiLLiP Filing

File FiLLiP with subscriber details and registered office.

3–4 working days

STEP 4

LLP Agreement

Draft and execute LLP Agreement; file Form 3.

Within 30 days of incorporation

STEP 5

PAN, TAN & Bank Setup

Issuance of PAN/TAN and bank account opening.

3–5 working days

Documents Required

PAN and Aadhaar of all designated partners and partners
Passport (mandatory for foreign nationals)
Latest bank statement / utility bill as address proof
Passport-size photographs
Registered office proof — rent agreement + utility bill
NOC from the property owner
Subscriber sheet and consent of designated partners

Key Statutory References

Item	Reference
Governing Act	Limited Liability Partnership Act, 2008
Minimum Partners	2 (at least 2 designated partners, 1 resident Indian) — Sec. 7
Incorporation Form	FiLLiP
Agreement Filing	Form 3 — within 30 days of incorporation
Annual Filings	Form 11 (by 30 May) and Form 8 (by 30 October)

Frequently Asked Questions

Related Services

Company Formation Overview LLP Annual Compliance Pvt Ltd Registration LLP to Pvt Ltd Conversion Partnership to LLP

Guides & Resources

LLP vs Private Limited: Which is Right for You?

Compare LLP and Pvt Ltd across tax, liability, and compliance.

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LLP Annual Filing — Complete Guide

Form 11, Form 8, and ROC filings for LLPs explained.

Read →

Register your LLP today

Book a free 15-minute advisory call with Regi Tom Antony.

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