What is a Limited Liability Partnership (LLP)?
A Limited Liability Partnership (LLP) is a modern business structure that blends the flexibility of a traditional partnership with the advantage of limited liability — just like a company.
Each partner’s liability is restricted to their agreed contribution, protecting their personal assets from business debts and obligations.
At Oxom Consultancy Hub, we simplify the LLP registration process for professionals, entrepreneurs, and small business owners who want a secure, low-compliance, and cost-effective way to start their business journey in India.
Minimum Requirements for LLP Registration
- Minimum Two Partners – An LLP must have at least two designated partners at the time of registration. There is no upper limit on the number of partners.
- No Minimum Capital Requirement – You can start an LLP with any amount of capital. Although the law specifies no minimum, we generally recommend keeping a contribution of at least ₹10,000.
- Resident Partner – At least one designated partner must be an Indian resident, i.e., someone who has stayed in India for a minimum of 182 days in the preceding financial year.
Advantages of Registering an LLP
- ✅ Separate Legal Entity – LLP is distinct from its partners.
- ✅ Limited Liability Protection – Partners are not personally liable for business debts.
- ✅ Perpetual Succession – The LLP continues to exist even if partners change.
- ✅ Low Setup & Maintenance Cost – Much cheaper than a Private Limited Company.
- ✅ Fewer Compliances – Minimal legal and regulatory requirements.
- ✅ Flexible Ownership Transfer – Ownership or management can be transferred easily.
- ✅ Ideal for Professionals & Small Businesses – Suitable for CA, CS, lawyers, consultants, and startups.
LLP Registration Package by Oxom Consultancy Hub
Our all-inclusive LLP registration package covers everything you need to get started — without any hidden charges:
✅ Digital Signatures (DSC) for Partners
✅ Designated Partner Identification Number (DPIN)
✅ Name Search & Approval
✅ Filing of Form FiLLiP with MCA
✅ Drafting & Filing of LLP Agreement
✅ PAN & TAN Application
✅ Provisional PF & ESI Registration
✅ GST Registration
✅ MSME (Udyam) Registration
Documents Required for LLP Registration
Please provide clear scanned copies of the following documents:
- PAN Card of all Partners
- Aadhaar / Voter ID / Driving License of all Partners
- Passport-size Photographs (Recent)
- Latest Utility Bill or Bank Statement (Address Proof)
- Electricity Bill or Property Tax Receipt of Registered Office
- Rent Agreement / NOC from Property Owner (if rented)
LLP Registration Process with Oxom Consultancy Hub
Step 1 – Document Collection
Send us the required documents via email or WhatsApp. Our experts will verify and proceed with the next steps.
Step 2 – Digital Signature & Name Approval
We apply for Digital Signatures (DSC) and check your business name availability with the Ministry of Corporate Affairs (MCA).
Step 3 – Drafting & Filing of Documents
We prepare and submit all incorporation forms and documents for approval.
Step 4 – Filing of FiLLiP Form
The incorporation application (Form FiLLiP) is filed with the MCA for approval.
Step 5 – LLP Agreement Filing
Once the LLP is approved, we draft and file the LLP Agreement with the Registrar of Companies (ROC).
Step 6 – PAN, TAN & Registrations
Finally, we help you get PAN, TAN, GST, and MSME registrations to make your LLP fully operational.
Important MCA Forms for LLP Registration
- RUN-LLP: For name reservation of the LLP.
- FiLLiP: For incorporation of the LLP.
- Form 5: For change of name.
- Form 17: For converting an existing partnership into LLP.
- Form 18: For converting a private or unlisted public company into LLP.
Post-Incorporation Compliance for LLPs
Once your LLP is registered, you must maintain certain annual compliances:
- Statement of Account & Solvency (Form 8)
- Annual Return (Form 11)
- Income Tax Return
These compliances are simple but mandatory to keep your LLP active and compliant under the law.
Frequently Asked Questions (FAQs)
1. Is there any minimum capital requirement for LLP registration?
No, you can start an LLP with any capital amount. Even ₹10,000 is sufficient to begin.
2. Who can become a Designated Partner?
Any individual or corporate entity can become a partner. Designated partners manage the LLP and are assigned a Designated Partner Identification Number (DPIN).
3. Is an audit mandatory for an LLP?
An audit is not required unless your contribution exceeds ₹25 lakh or annual turnover exceeds ₹40 lakh.
4. Can an existing partnership firm convert into an LLP?
Yes. A traditional partnership firm can be converted into an LLP by filing Form 17 and Form 2 under the LLP Act.
5. How can a partner exit from an LLP?
A partner may resign as per the terms of the LLP Agreement. Changes must be reported to the ROC by filing the prescribed forms.
6. How can a new partner be added to an LLP?
A new partner can be admitted after incorporation by executing a supplemental LLP Agreement and notifying the ROC accordingly.
Why Choose Oxom Consultancy Hub?
At Oxom Consultancy Hub, we specialize in providing end-to-end business registration and compliance services.
From choosing the right structure to managing post-incorporation filings, our experts ensure a smooth, transparent, and hassle-free experience — helping you focus on what truly matters: growing your business.
📞 Call Us: +91 93958 33875
💬 WhatsApp: +91 88221 41501
