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LLP registration process in India: FiLLiP, LLP agreement and compliance

2 min read

A Limited Liability Partnership is registered with the Ministry of Corporate Affairs under the LLP Act, 2008. The process is similar to a company, with a few different forms. The step founders most often forget is filing the LLP agreement within 30 days of incorporation.

Basic requirements

  • At least two partners. Partners can be individuals or companies.
  • At least two designated partners who are individuals, and at least one of them resident in India.
  • A registered office in India.
  • No minimum capital contribution.

Step-by-step process

  1. 1.Get DSCs for the designated partners.
  2. 2.Reserve the name through RUN-LLP. The name must end with "LLP".
  3. 3.File FiLLiP (Form for Incorporation of LLP) with partner details, registered office proof and consent of designated partners. DPIN can be allotted in the same form.
  4. 4.Receive the Certificate of Incorporation with the LLPIN.
  5. 5.Apply for PAN and TAN if not issued automatically.
  6. 6.File the LLP agreement in Form 3 within 30 days of incorporation, after paying stamp duty on it.

Annual compliance for an LLP

FormWhat it isDue
Form 11Annual returnWithin 60 days of the end of the financial year (30 May)
Form 8Statement of account and solvencyWithin 30 days of six months from year end (30 October)
Income tax returnITR-531 July, or 31 October if audited
DIR-3 KYCFor each designated partner with a DPIN, once every three years30 June of the due year

An LLP needs its accounts audited only if turnover exceeds ₹40 lakh or partner contribution exceeds ₹25 lakh in a financial year.

Frequently asked questions

Yes. Without it, the default rules in the First Schedule to the LLP Act apply, which may not reflect what partners want. It must be filed in Form 3 within 30 days.

Yes. A body corporate can be a partner, and must nominate an individual to act as designated partner on its behalf.

Read private limited vs LLP for the full comparison.

This guide is general information, not legal advice. Government fees and procedures change; confirm current figures before you file.

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