Partnership flexibility with limited liability — your LLP incorporated on the MCA portal with DSCs, name approval and the LLP agreement drafted by professionals.
Starts at ₹4,999 + govt. fees & stamp duty
LLP registration is the process of incorporating a Limited Liability Partnership with the Ministry of Corporate Affairs under the LLP Act, 2008 — it costs ₹5,000–₹10,000 all-in on FilingBase (₹4,999 professional fees plus government charges) and takes 10–14 working days. An LLP combines a partnership’s operational flexibility with a company’s limited liability.
Unlike a traditional partnership firm, an LLP is a separate legal entity: it can own property and sign contracts in its own name, and one partner is not personally liable for another partner’s negligence or the firm’s debts. Unlike a private limited company, there is no mandatory statutory audit until turnover crosses ₹40 lakh or contribution crosses ₹25 lakh — which is why consultancies, agencies, family businesses and professional firms overwhelmingly pick this structure.
Incorporation runs through MCA’s FiLLiP form, followed by filing your LLP agreement in Form 3 within 30 days. FilingBase handles both — including the part most DIY founders get wrong, a properly drafted LLP agreement covering profit sharing, exit, and dispute resolution.
Partners are shielded from the firm’s debts and from each other’s professional negligence — personal assets stay out of reach.
Statutory audit applies only above ₹40 lakh turnover or ₹25 lakh contribution — a real cost saving in early years.
Two annual filings (Form 8 and Form 11) versus a company’s heavier ROC calendar. Fewer forms, fewer penalties to trip on.
Your LLP agreement — not a statute — decides profit split, roles and decision-making. Change it by amendment, not by court.
The LLP owns assets, borrows and contracts in its own name, with perpetual succession as partners change.
Start with any contribution amount. Stamp duty on the agreement scales with contribution, so most LLPs start lean.
A specialist will map your situation to the right plan in one call.
Class 3 digital signatures issued for both designated partners after a quick video KYC.
We screen for MCA and trademark conflicts, then reserve your name with two options.
Incorporation form filed with partner details, contribution and registered office proof; DPINs are allotted in the same form.
The ROC issues your LLPIN and incorporation certificate. PAN and TAN follow automatically.
Our lawyers draft your LLP agreement, you execute it on stamp paper, and we file Form 3 — mandatory within 30 days of incorporation.
₹4,999
+ govt fees & stamp duty · 2 designated partners
₹8,999
+ govt fees & stamp duty · ready to operate
₹14,999
+ govt fees & stamp duty · incorporation + year-one filings
All prices are professional fees exclusive of GST at 18%. Government fees and stamp duty are charged at actuals and shown before you pay.
| LLP | Private Limited | Partnership Firm | |
|---|---|---|---|
| Separate legal entity | Yes | Yes | No |
| Liability | Limited | Limited | Unlimited, joint |
| Audit | Above ₹40L turnover only | Mandatory always | Tax audit rules only |
| Equity fundraising | Not suited | VC standard | No |
| Annual MCA filings | Form 8 + Form 11 | AOC-4 + MGT-7A + more | None |
| Credibility with clients/banks | High | Highest | Moderate |
| Explore | This page | Pvt Ltd registration | Partnership firm |
The FiLLiP form is the easy half. The document that actually governs your business is the LLP agreement — and the law gives you 30 days after incorporation to file it in Form 3, with a ₹100/day late fee that has no upper cap for large delays. Template agreements copied off the internet routinely miss the clauses that matter when partners disagree: how profits are split when contributions are unequal, what happens when a partner wants out, who owns client relationships and IP, and how deadlocks get resolved.
Every FilingBase LLP agreement is drafted by LexVerge LLP lawyers against your actual arrangement — not a fill-in-the-blanks template. On tax: LLPs are taxed at a flat 30% (plus surcharge and cess) like partnership firms, but there is no dividend distribution issue — profits credited to partners are exempt in their hands, and working partners can draw remuneration deductible to the LLP within Section 40(b) limits. For many service businesses this nets out cheaper than the company route once you model founder payouts; our tax planning team can run that comparison for you.
Also worth knowing: at least two designated partners are required, one of them Indian-resident; foreign nationals and body corporates can be partners; and FDI in LLPs is permitted under the automatic route in sectors where 100% FDI is allowed. If you outgrow the structure, an LLP can later be converted into a private limited company — though it is paperwork-heavy, which is why funding-bound founders should start with a company instead.
Two MCA filings anchor the year: Form 11 (annual return) by 30 May and Form 8 (statement of accounts & solvency) by 30 October. Late fees run ₹100 per day per form, uncapped for older delays — the most expensive mistake small LLPs make. Add the LLP’s ITR-5 income-tax return, DIR-3 KYC for designated partners, and GST returns if registered. Our LLP annual compliance plan covers the full calendar for a fixed fee.
FilingBase professional fees start at ₹4,999. Government charges (name reservation, FiLLiP filing fee scaled to contribution, and stamp duty on the LLP agreement) typically add ₹1,500–₹3,000 for a standard two-partner LLP with modest contribution. The exact split is shown before you pay.
Usually 10–14 working days: 1–2 days for DSCs, 2–4 for name approval, and 4–7 for the ROC to process FiLLiP. The LLP agreement is then filed within 30 days of incorporation — we schedule it so you never brush against the deadline.
No — not until turnover exceeds ₹40 lakh or partner contribution exceeds ₹25 lakh in a financial year. Below those thresholds only income-tax rules apply (a tax audit triggers at much higher turnover). This is the single biggest running-cost advantage over a private limited company, where audit is mandatory from day one.
There is no statutory minimum — you can start an LLP with ₹1,000 if you like. Contribution affects the FiLLiP government fee slab and stamp duty on the agreement, so most small LLPs begin with ₹10,000–₹1,00,000 and increase later by amending the agreement.
Not in the way startups need. LLPs cannot issue shares or ESOPs, and institutional investors almost never invest in them. If you plan to raise equity, incorporate a private limited company instead — or convert later, which is possible but slow.
It depends on how much founders withdraw. LLP profit is taxed at 30% flat, but partner drawings are not taxed again, and working-partner remuneration is deductible within Section 40(b) limits. Companies pay 22–25% but distributing profits as dividend or salary adds a second layer. For founder-operated service firms, the LLP often wins — we can model both before you register.
The two annual MCA filings every LLP must make regardless of activity: Form 11 (annual return — partners and contribution) by 30 May, and Form 8 (statement of accounts and solvency) by 30 October. Late fees are ₹100/day each. Even a zero-revenue LLP must file both.
Yes. Foreign nationals, NRIs and even foreign companies can be partners, provided at least one designated partner is a resident of India. Foreign partners’ documents need notarisation and apostille, and FDI must be in sectors where the automatic route permits it.
Yes, under Section 366 of the Companies Act — but it requires newspaper notices, ROC approvals and effectively re-papering the business, taking 2–3 months. If institutional funding is on your roadmap within a couple of years, starting as a company is usually cheaper than converting.