A Limited Liability Partnership is a hybrid business structure introduced under the LLP Act, 2008. It combines the professional efficiency of a partnership and the legal security of a corporate form. Unlike traditional partnerships, an LLP exists as an independent legal entity.
*Only professional fees. Government charges and out-of-pocket expenses will be separate.
₹2,999.00
A Limited Liability Partnership is a hybrid business structure introduced under the LLP Act, 2008. It combines the professional efficiency of a partnership and the legal security of a corporate form. Unlike traditional partnerships, an LLP exists as an independent legal entity. This means it can own assets, enter contracts, sue or be sued in its own name—standing apart from the individual partners who manage it.
Every business begins with a vision, but choosing the right business structure is what turns that vision into a sustainable enterprise. Limited Liability Partnership (LLP) registration helps entrepreneurs protect personal assets while enjoying the flexibility of a partnership. It offers credibility, legal recognition, and ease of operations—key elements for anyone aiming to grow in a competitive market. Whether you are a professional firm, freelancer, or a startup owner, an LLP gives you confidence to operate with lower risk and higher trust.
For Partners:
For Registered Office:
Additional Requirements:
Once the LLP is operational, a few mandatory filings must be completed annually:
Audits are mandatory only if turnover exceeds ₹40 lakh or capital contribution is beyond ₹25 lakh.
The cost of registering an LLP depends on factors like the number of partners, state of registration, and capital contribution. LegalWalaKart provides affordable packages with transparent pricing—no hidden costs. Government fees usually range between ₹1,000 to ₹5,000, while professional service charges vary based on the level of documentation and support chosen.
An LLP is taxed as a partnership firm in India. The entity files Form ITR-5 each year, and partners pay tax individually on their share of profit according to their slab rates. There is no Dividend Distribution Tax (DDT), which makes LLPs more tax-efficient. LLPs can also claim deductions under the Income Tax Act, such as depreciation and other business expenses.
Generally, LLP registration takes 10–15 working days, subject to name approval and document verification. Delays, if any, are mostly due to discrepancies in document submission or MCA processing time. LegalWalaKart’s automated follow-up system ensures timely updates and approvals.
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