Limited Liability Partnership

Streamline Your Business Journey with Our LLP Company Registration Services in India

Fincto takes the hassle out of setting up your Limited Liability Partnership (LLP) in India. Our team of experts, knowledgeable in the current laws, are ready to assist you on your journey towards LLP registration, delivering your LLP incorporation certificate in as few as 20 days.

Navigate through your personalized dashboard on our easy-to-use platform, or access our services via the Fincto.io app for quick and easy online registration.

Why Register as a LLP Company?

Registering your business as a private LLP can unlock numerous benefits, including:

Offers a shield to your personal assets against the company's liabilities
An LLP has its own legal existence, separate from its partners
LLP agreements allow for a seamless change in ownership
LLPs with capital less than ₹25 lakhs and turnover below ₹40 lakhs need no audits
Register your LLP from anywhere through Fincto.io

Steps to a Successful LLP Company Registration

Start your business journey with confidence as we guide you through a streamlined process for registering your LLP in India.

Secure Digital Signatures and Director Identification Numbers (DINs)

Start by obtaining the required DSCs and DINs for your LLP's partners, ensuring all necessary forms can be completed and submitted online

Name Approval for your LLP

We verify the availability of your chosen name and secure it for your LLP. We handle all regulatory requirements to ensure your name is unique and legally acceptable

Draft Your LLP Agreement

Craft a comprehensive LLP agreement that defines mutual rights and responsibilities amongst partners and between the LLP and partners, establishing a solid foundation for your business

Obtain Your LLP Incorporation Certificate

Finalize your LLP registration by submitting all necessary forms and documents. Upon approval, you'll receive your incorporation certificate, setting you up for business success

Elevate Your Business Journey with Fincto's Hassle-Free LLP Registration Services

At Fincto, we offer a simplified, seamless approach to company registration, designed to make this complex procedure accessible and manageable for every aspiring business owner

Propose and Secure Your Company Name

Submit a name approval request to the Ministry of Corporate Affairs (MCA) with one or two proposed company names. You'll receive a response within five business days once your business objectives have been reviewed

Acquire Director's Digital Signature Certificates (DSC)

Get DSCs for all directors from a recognized certifying entity. For foreign national directors, apostillation of passport and necessary documents is mandatory

File Your Company Incorporation Application

With DSCs in hand, it's time to submit the company incorporation application, alongside the (MOA) and Articles of Association (AOA). Post-approval from MCA, you will receive your Incorporation certificate and (PAN)

Maintain Regulatory Compliance-Post-Registration Responsibilities

Your journey doesn't end with company registration. To avoid any legal hurdles, adhere to the following regulations:

Appoint an Auditor

Secure the services of a certified Chartered Accountant (CA) as your company's auditor, within 30 days post incorporation

Complete Director DIN KYC

Ensure the annual Director Identification Number KYC process verification for all individuals possessing a Director Identification Number (DIN)

Initiate Business Operations

Deposit the specified subscription amount from the MOA into a current bank account within 180 days of incorporation

Comply with MCA Annual Filings and Income Tax Filing

Ensure timely submission of your company's financial statements to the MCA and annual income tax return filing

Fincto 's LLP Registration in India package

DSCs for 2 directors
DINs for 2 directors
Drafting of MoA & AoA
Drafting partnership agreement
Registration fees and stamp duty
Company incorporation certificate
PAN and TAN registration.

We also assist with the following for LLP registration in India:

A first free consultation, followed by subsequent support to clear every concern you may face
Complete support on opening a current bank account
Comprehensive and on-time updates on ROC compliances
Online accounting software valid for one year
A master file that contains all the documentation needed to file the incorporation
You will also get a zero balance current account - powered by HSBC bank.

Time Taken for LLP Registration

The time taken to register a limited liability partnership India depends on receiving the required paperwork and verifying that all applicable LLP Act provisions have been followed. The Registrar will register the LLP, at most 14 days after Form-2 is filed, and issue a certificate of incorporation.

Features of Limited Liability Partnership

The key features of a Limited Liability Partnership (LLP) are:

Separate Legal Entity

A LLP is a distinct legal entity that can own assets, borrow money, and sue or be sued in its own name

Limited Liability Protection

Partners' liability in an LLP is limited to their agreed contribution, meaning their personal assets cannot be used to pay off the LLP's debts

Perpetual Succession

LLP has perpetual succession, which means that the LLP continues to exist even if the partners leave or change

Flexible Management Structure

The LLP can be managed by partners or designated managers, ensuring a flexible structure for its operations

LLP Amendment 2022

The Corporate Affairs Ministry (MCA) has updated the Limited Liability Partnership Rules for 2022, starting on 1 April 2022. The changes include new rules for LLP names, penalties handling, appeals, and fees for LLPs. The new forms, Form 16A and Form 33 CG, were introduced.

Synopsis of LLP (Amendment) Rules, 2022

The 2022 amendment to the Limited Liability Partnership Rules has updated Rule 5 (Fees), 18, and 19. It has also added some new rules:

Rule 19A

This rule is about giving a new name to an LLP under Section 17(3)

Rule 37A

This rule is about deciding penalties

Rule 37B

This rule is about appealing against the decision of an officer

Rule 37C

This rule is about registering an appeal

Rule 37D

This rule is about the Regional Director handling an appeal

The amendment also added some new forms:

Form 16A

This is for when a company changes its name because it didn't follow the Regional Director's order

Form 33

This is for making an appeal

Why Fincto.io?

Our package offers online LLP incorporation services, backed by experts with up-to-date laws. Accessible via desktop or mobile app, the dashboard is user-friendly. A certificate is issued within 20 days, and our support team is available for any queries

Starting your LLP company is a significant step, and Fincto is here to streamline the process. Let's get started!

To kickstart your private limited company, ensure the following:

Directors and Members

At least two directors (max 200 members), each with a DIN. One director should be an Indian resident.

Business Name

Select a unique name representing your company's main activity. Registered Office Address: Provide your business's permanent address, be it residential or commercial

Also, prepare these essential documents for online registration:

Identity and Address Proof

Scanned copies of PAN card or passport, voter ID/passport/driving license, recent utility bill, director's passport-sized photo, and signature.

Registered Office Proof

Scanned copies of a recent utility bill, notarized rental agreement (if rented), NOC from property owner, and sale/property deed (if owned).

Why Choose Fincto?

Fincto provides a streamlined, completely online solution for private limited company registration, which includes:

DIN and DSC for two Directors
Drafting of MoA & AoA
Registration fees and stamp duty
Incorporation certificate (COI)
Company PAN and TAN
Zero balance current account
GST Registration
EPF & ESIC Registration

Trust Fincto to simplify your business formation process, enabling a seamless transition from idea to a legally recognized entity. Get ready for a well-informed, growth-oriented entrepreneurial journey with Fincto.

Understanding Key Terms

Amendment

A modification to the existing provisions of a corporation's articles of incorporation

DSC (Digital Signature Certificate)

Issued by certifying authorities for electronic document signing.

Board of Directors

The elected governing body responsible for a corporation's operation. Certificate of Incorporation: The document filed to create a corporation

DIN (Director Identification Number)

A unique identification number for directors. Dissolution: The process that legally ends a corporation's existence

Incorporation

The act of forming a corporation under specific jurisdiction laws

Limited Liability Company (LLC)

An entity with limited personal liability and pass-through taxation

Limited Personal Liability

Protection from the debts and claims against a company

Name Reservation

The process to secure exclusive use of a corporate name for a specific period

Registered Office

The statutory address of a corporation

Testimonials

Customer feedbacks

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