What Are the Requirements for LLP in India?
What Are the Requirements for LLP in India?
A Complete Guide for 2025
Are you planning to start a business and exploring a flexible yet legally recognized structure? Then, forming a Limited Liability Partnership (LLP) might be your best choice. But before you begin, it’s crucial to understand —
What are the requirements for LLP registration in India?
In this blog, we will break down the essential legal, technical, and documentation requirements for setting up an LLP in India in a simple and structured way.
📌 What is an LLP?
An LLP (Limited Liability Partnership) is a modern business structure introduced under the LLP Act, 2008, that combines the advantages of a traditional partnership with those of a private limited company. It offers limited liability to its partners, flexibility in operations, and comparatively low compliance requirements.
✅ Basic Requirements for Registering an LLP in India
Here are the key requirements you must fulfill to start an LLP:
1. 👥 Minimum Number of Partners
• Minimum: 2 Partners
• No maximum limit on the number of partners
Out of the total, at least 2 must be designated partners, and one must be a resident in India (i.e., has stayed in India for at least 120 days in the financial year).
2. 🔐 Digital Signature Certificate (DSC)
All designated partners must obtain a Digital Signature Certificate (DSC) to sign documents electronically during the registration process. This is a mandatory step as all LLP forms are filed online with the Ministry of Corporate Affairs (MCA).
3. 🆔 Director Identification Number (DIN or DPIN)
Each designated partner must also have a Director Identification Number (DIN) or Designated Partner Identification Number (DPIN). These can be applied along with the LLP incorporation forms using the SPICe+ facility.
4. 🏢 LLP Name Reservation
You must choose a unique name for your LLP, which should not:
• Resemble an existing LLP or company
• Include prohibited words
• Violate trademarks
The name is reserved by filing the RUN-LLP form on the MCA portal.
5. 📝 LLP Agreement
This is a mandatory legal document that defines:
• Profit sharing ratios
• Roles and responsibilities of partners
• Management rights
• Dispute resolution mechanism
The LLP Agreement must be filed in Form 3 within 30 days of incorporation, duly notarized and stamped as per the respective state stamp duty.
6. 📍 Registered Office Address
Every LLP must have a registered office address in India, where all official communication from government authorities will be sent.
You’ll need to submit:
• Utility bill (not older than 2 months)
• NOC from the owner
• Rent agreement (if rented)
7. 📄 Documents Required for LLP Registration
Here’s a quick checklist:
For Partners:
• PAN Card (mandatory for Indian nationals)
• Passport (for foreign nationals)
• Aadhaar card/Voter ID/Driving License
• Passport-sized photograph
• Email ID and mobile number
For Registered Office:
• Electricity or gas bill
• Rent agreement (if applicable)
• NOC from landlord
8. 📊 Capital Contribution
There is no minimum capital requirement for starting an LLP. Partners can contribute any amount, even as low as ₹1. The contribution can be in the form of cash, assets, or services (as long as it’s valued and recorded in the LLP Agreement).
💼 Post-Registration Compliance
Once the LLP is incorporated, you must comply with:
• Filing Form 11 (Annual Return)
• Filing Form 8 (Statement of Accounts & Solvency)
• Income tax return
• GST registration (if applicable)
• Maintenance of books of accounts
🏁 Final Words
Registering an LLP in India is a simple and cost-effective process, provided you understand the basic requirements and comply with MCA regulations. With no limit on the number of partners, no minimum capital, and limited liability, it’s an ideal structure for startups, small businesses, and professionals looking for a secure and flexible framework.
So, if you're ready to build your business, make sure you tick all these boxes before filing your LLP application.
