Why Choose Jain Prachi & Company?
Seamless Online Registration
– Quick & hassle-free LLP incorporation process.
Expert Legal & Tax Advisory
– Guidance on compliance, taxation, and business structuring.
End-to-End Compliance Support
– Annual filings, GST, and income tax compliance.
Get Started!
Limited Liability Partnership (LLP) Registration Services in India
Why Register a Limited Liability Partnership (LLP) in India?
Limited Liability Protection – Partners’ personal assets are safeguarded.
Flexible Business Structure – Ideal for professionals, consultants, and SMEs.
No Minimum Capital Requirement – Start with any capital investment.
Lower Compliance Burden – Easier regulations than a Private Limited Company.
Tax Efficiency – LLPs are taxed as partnership firms, avoiding double taxation.
Great service and very helpful. Received advice on taxation and it proved very helpful. Would recommend it for everyone.
runda Makwana
I have been using JAIN PRACHI & COMPANY Accounting Services from last 6 years, and I am consistently impressed with their professionalism and proactive approach so far.
Ankit Neema
Highly professional and responsive with excellent expertise in taxation in Indore!
Shreyansh Bokadiya
Difference Between LLP and Other Business Structures
| Criteria | LLP | Private Limited Company | Sole Proprietorship | Partnership Firm |
|---|---|---|---|---|
| Legal Identity | Separate legal entity | Separate legal entity | Not a separate entity | Not a separate entity |
| Liability Protection | Limited liability for partners | Limited liability for shareholders | Unlimited liability | Unlimited liability |
| Minimum Members Required | 2 Partners | 2 Directors, 2 Shareholders | 1 Proprietor | 2 Partners |
| Maximum Members Allowed | Unlimited Partners | 200 Shareholders | 1 Proprietor | 50 Partners |
| Foreign Ownership | Allowed (subject to FEMA rules) | Allowed (100% FDI in most sectors) | Not allowed | Not allowed |
| Taxation | Taxed as a partnership firm | Corporate tax rates | Individual tax rates | Firm tax rates |
| Compliance Requirements | Moderate | High | Low | Moderate |
| Credibility & Funding | Medium – Preferred by professionals & small businesses | High – Preferred by investors & banks | Low – Difficult to raise funds | Medium – Banks may approve loans |
| Registration Authority | Ministry of Corporate Affairs (MCA) | Ministry of Corporate Affairs (MCA) | Local authorities | Registrar of Firms |
Step-by-Step Process for LLP Registration
Obtain Digital Signature Certificate (DSC) – Required for designated partners.
Apply for Director Identification Number (DIN/DPIN) – Unique ID for LLP partners.
Name Reservation with MCA – Secure LLP name under the Companies Act.
Prepare LLP Agreement – Define partnership roles, profit-sharing, and obligations.
File Incorporation Documents (FiLLiP Form) – Submit incorporation documents with MCA.
Obtain Certificate of Incorporation – Official registration from the Ministry of Corporate Affairs.
Apply for PAN, TAN & GST Registration – Mandatory for taxation and business operations.
Open Corporate Bank Account – Set up a dedicated LLP banking facility.
How Jain Prachi & Company Helps?
✔ Expert Consultation on Business Structure – LLP vs. Pvt Ltd vs. Partnership.
✔ Seamless Online Registration Process – Quick and hassle-free incorporation.
✔ Drafting & Filing of LLP Agreement – Clear legal framework for partners.
✔ Tax & GST Registration Support – Ensure compliance from day one.
✔ Annual Compliance & ROC Filings – Avoid penalties with timely filings.
✔ Accounting & Financial Services – End-to-end support for business growth.
Documents Required for LLP Registration
| Document | Requirement |
|---|---|
| PAN Card | Mandatory for all partners. |
| Aadhaar Card | Required for identity verification. |
| Passport (for Foreign Nationals) | Required if any partner is a non-resident. |
| Proof of Address | Utility bill, rental agreement, or property deed. |
| Bank Statement | Recent statement as proof of financial transactions. |
| Digital Signature Certificate (DSC) | Required for e-filing of incorporation documents. |
Timeline & Pricing
Business Setup Time: 7-10 days
Starting at: ₹7,999
Frequently Asked Questions
Phone
+91-8989666715
Location
304, Trade House, 14/3, South Tukoganj, Indore (M.P.) -452001
contactus@jainprachi.com
