Limited Liability Partnership (LLP)

Start an LLP with Limited Liability & Operational Flexibility

A Limited Liability Partnership (LLP) is a modern business structure that combines the flexibility of a partnership with the benefits of limited liability. It is governed by the Limited Liability Partnership Act, 2008 and registered with the Ministry of Corporate Affairs (MCA).

LLP is a preferred structure for professionals, startups, and service-based businesses that want lower compliance than a company while still enjoying separate legal identity and liability protection.

At JHA Financial Services (JFS), we provide complete assistance for LLP registration and documentation, ensuring a smooth and compliant incorporation process.

What Is a Limited Liability Partnership (LLP)?

An LLP is a legal business entity where partners have limited liability, meaning they are not personally liable for the misconduct or negligence of other partners. The LLP has a separate legal identity from its partners and can own assets, enter contracts, and sue or be sued in its own name.

LLPs are widely used by professionals such as consultants, accountants, architects, and growing service businesses.

Key Features of an LLP

Advantages of an LLP

How to Start an LLP

Step 1: Obtain Digital Signature Certificate (DSC)

DSC is required for designated partners to sign electronic documents.

Step 2: Apply for DPIN (Designated Partner Identification Number)

DPIN is mandatory for all designated partners.

Step 3: Name Reservation

Choose a unique LLP name and get it approved through the MCA portal.

Step 4: File Incorporation Forms

Submit LLP incorporation forms along with required documents and declarations.

Step 5: Certificate of Incorporation

Once approved, the Registrar issues the Certificate of Incorporation for the LLP.

Documents Required for LLP Registration

A) Partner Documents

  • PAN Card
  • Aadhaar Card
  • Passport-size photograph
  • Address proof (bank statement / utility bill)

 

B) Registered Office Documents

  • Rent agreement or sale deed
  • Utility bill (electricity / water)
  • NOC from property owner (if rented)

Why Choose JHA Financial Services (JFS)?

Complete LLP registration support

Accurate documentation and MCA filing

Transparent and affordable pricing

Guidance on taxation and compliance

Reliable professional assistance

Faq

Frequently Asked Questions

A minimum of two designated partners is required to register an LLP.

No, there is no minimum capital requirement prescribed for LLP registration.

Typically 7–10 working days, subject to document verification and approvals.

GST registration is required if turnover exceeds the prescribed limit or if the business falls under mandatory GST categories.

LLPs must file annual returns, statements of accounts, and income tax returns.

Yes, an LLP can be converted into a private limited company as the business expands.

No. Partners’ liability is limited to their agreed contribution, except in cases of fraud.

Register Your LLP with Confidence

If you are planning to start an LLP, JHA Financial Services (JFS) will guide you through the entire process with clarity and professionalism.