Register Your Limited Liability Partnership (LLP) Online - Fast & Hassle-Free

A minimum of 2 partners is required. There is no maximum limit on the number of partners. However, at least 1 Designated Partner must be a resident of India (person who has stayed in India for 182 days or more in the preceding financial year).

All Designated Partners are partners, but not all partners are Designated Partners. Designated Partners (minimum 2) have specific statutory responsibilities — they sign filings with MCA, are liable for legal compliance, and must obtain DPIN (Designated Partner Identification Number). Regular partners share profits but may not be involved in day-to-day compliance.

Yes! Under Section 55 of the LLP Act and the Companies Act 2013, an LLP can be converted to a Private Limited Company. This is a popular route for startups — begin as an LLP (lower compliance), then convert to Pvt Ltd when seeking investor funding. SSATAX handles LLP-to-Pvt-Ltd conversion as a dedicated service.

No, LLP registration is not mandatory to start a business. You can operate as an unregistered partnership firm. However, a simple partnership does NOT provide limited liability your personal assets (house, savings, car) can be attached to pay business debts. An LLP registration provides the legal shield of limited liability, which is why it is strongly recommended for any serious business venture.

Every LLP must file: (1) Form 11 – Annual Return by 30th October each year; (2) Form 8 – Statement of Accounts & Solvency by 30th October each year; (3) Income Tax Return (ITR-5) by 31st July (or 31st October if audit required). Failure to file attracts a penalty of ₹100 per day per form which accumulates quickly. SSATAX offers an Annual Compliance package starting at ₹2,999/year.

Yes, foreign nationals and NRIs can become partners in an Indian LLP. However, at least 1 Designated Partner must be a resident Indian. Foreign partners must provide a notarised and apostille-attested copy of their passport. Additionally, the LLP must comply with FEMA regulations for foreign contributions. SSATAX has handled several cross-border LLP formations.

With complete documents and first-attempt name approval, SSATAX completes LLP registration in 10 working days. The typical MCA processing time for FiLLiP approval is 2–4 working days. If there are name objections or document discrepancies, it may take 15–18 days. We monitor your application daily and proactively resolve any MCA queries to ensure the fastest turnaround.

If Form 3 (LLP Agreement) is not filed within 30 days of incorporation, the MCA's Schedule I (default LLP Agreement) automatically applies which may not reflect your actual agreed terms. A penalty of ₹100 per day is also levied. SSATAX drafts and files the LLP Agreement proactively as part of our standard package we never let you approach this deadline.

LLP is suitable in early stages but venture capital and angel investors in India typically prefer Private Limited Companies because equity shares (ESOPs, convertible instruments) are not possible in an LLP. If your startup plans to raise institutional funding, start as an LLP to enjoy low compliance, then convert to a Private Limited Company before approaching investors. SSATAX advises on the best timing for this conversion.

Government fees for LLP registration depend on the total contribution amount: up to ₹1 Lakh ₹500; ₹1–5 Lakhs ₹2,000; ₹5–10 Lakhs ₹4,000; above ₹10 Lakhs ₹5,000. These are paid directly to MCA and are over and above SSATAX's professional fee of ₹1,499. We disclose exact government fees before you make any payment.