Limited Liability Partnership
An LLP gives partners the liability protection of a company with the operating flexibility of a partnership. We handle incorporation, the LLP Agreement, and the ongoing compliance that keeps it in good standing.
|800+ businesses served since 2020
Partnership flexibility with company-style protection
A Limited Liability Partnership sits between a traditional partnership and a private limited company. Partners get limited liability — their personal assets aren’t on the line beyond what they’ve invested — while still managing the business directly, without a board of directors or the compliance load a company carries. The LLP is a separate legal entity in its own right, meaning it can own assets, enter contracts, and sue or be sued independently of its partners.
Governed by the Limited Liability Partnership Act, 2008, it’s become a common structure for professional firms, service businesses and smaller partnerships that want liability protection without a company’s overhead.
- Limited liability, capped at each partner’s capital contribution
- No minimum capital requirement to get started
- Direct management by partners, no board required
- Lower ongoing compliance than a private limited company
- Flexible profit-sharing, set out in the LLP Agreement
Professional firms and partnership-run businesses
Consultants, agencies, professional firms
Businesses run by a small group of partners who want liability protection without the overhead of a full company structure.
Formalising an existing firm
An existing partnership firm, or an unlisted company, can convert into an LLP to bring in the liability protection and lower compliance.
NRIs and foreign partners, with conditions
NRIs and foreign nationals can be designated partners with a valid identification number, provided at least one partner remains a resident Indian.
Incorporation to ongoing filings
Designated Partner Identification
Getting a DPIN in place for every current and prospective designated partner.
Name reservation and incorporation
Reserving the LLP’s name and filing the incorporation forms with the Registrar of Companies.
LLP Agreement drafting
Setting out partner roles, capital contribution and profit-sharing in a document that actually reflects how you’ll operate.
GST and other registrations
Getting the LLP registered for GST and any other licences its activities require.
Annual filings
Form 8 (statement of accounts) and Form 11 (annual return), filed on schedule every year.
Ongoing advisory
Guidance on partner changes, capital contribution updates, and keeping the LLP Agreement current as the business evolves.
From DPIN to an operating LLP
DPIN and name reservation
Identification obtained for partners, and the LLP name reserved.
Incorporation filed
Forms submitted to the Registrar of Companies with the required documents.
LLP Agreement executed
Partner roles and profit-sharing set out formally and filed.
Registrations and compliance
GST and other registrations in place, annual filings tracked going forward.
Questions companies ask first.
Who is eligible to form an LLP?
At least two individuals, called Designated Partners, aged 18 or above. Designated Partners can be individuals or bodies corporate, and foreign nationals and foreign entities can be appointed too — provided at least one designated partner is a resident Indian.
Is GST registration mandatory for an LLP?
It depends on the nature and scale of what the LLP does — not every LLP needs GST automatically. We assess your specific business to confirm whether it applies and, if so, handle the registration.
Can an existing partnership firm convert into an LLP?
Yes, an existing partnership firm, or an unlisted company, can convert into an LLP. It’s a formal filing process, but it lets you bring the liability protection and compliance benefits into a business you’re already running.
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