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Receive your LLP certificate and all incorporation documents.
A Limited Liability Partnership (LLP) is one of the most flexible business structures in India, combining the ease of a partnership with the limited liability protection of a company. LegalSearch handles the complete LLP registration process — from name approval to incorporation certificate.
Partners' personal assets are protected. Each partner is liable only to the extent of their contribution to the LLP.
LLPs offer the flexibility of a traditional partnership with no restriction on day-to-day management by partners.
LLPs can be set up without any minimum capital requirement, making them ideal for service-based businesses and professionals.
Compared to Pvt. Ltd. companies, LLPs have fewer statutory compliances and lower filing costs each year.
An LLP is a separate legal entity from its partners, capable of owning property, entering contracts, and suing or being sued.
Existing partnerships and companies can be converted into an LLP with relatively straightforward documentation and process.
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An LLP (Limited Liability Partnership) is a hybrid business structure that combines the flexibility of a partnership with limited liability protection for all partners, governed by the LLP Act, 2008.
In a traditional partnership, partners have unlimited personal liability. In an LLP, each partner's liability is limited to their agreed contribution — personal assets are protected.
LLPs offer limited liability, no minimum capital requirement, lower compliance costs, separate legal entity status, and flexibility in management and profit-sharing.
LLPs cannot raise equity funding from investors, cannot issue ESOPs to employees, and if annual turnover exceeds Rs. 40 lakh or capital exceeds Rs. 25 lakh, they must get accounts audited.
Any 2 or more persons (including foreign nationals and companies) can form an LLP, provided at least one designated partner is an Indian resident.
There is no minimum capital requirement for LLP registration in India. Partners can contribute any amount agreed upon in the LLP Agreement.
Yes. Both registered partnerships and private limited companies can be converted into an LLP by following the prescribed MCA conversion procedure.
PAN cards and Aadhaar/passport of all partners, address proof, passport-sized photographs, registered office proof, and a draft LLP Agreement.
With all documents in order, LegalSearch typically completes LLP registration within 7–10 working days.
The LLP Agreement is the key document governing the LLP. It defines each partner's roles, contributions, profit-sharing ratio, and rights — drafted by LegalSearch as part of the package.
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