A Limited Liability Partnership (LLP) is a unique business structure that blends the features of a partnership with the advantages of a corporate entity. It is widely preferred by entrepreneurs due to its flexibility, limited liability protection, and minimal compliance requirements. At caindelhincr.in, we streamline the LLP registration process to help businesses establish themselves effortlessly in Delhi NCR.
What is LLP Registration?
LLP registration refers to the process of forming a legally recognized partnership where each partner’s liability is limited to their investment in the business. This setup ensures that if the business encounters financial difficulties, creditors cannot claim the personal assets of the partners.
What is a Limited Liability Partnership (LLP)?
A Limited Liability Partnership (LLP) is a hybrid business model that merges the benefits of a traditional partnership and a private limited company. LLPs provide partners with limited liability while maintaining an organizational structure similar to a partnership firm. Additionally, an LLP is a distinct legal entity, allowing it to own assets and be responsible for its debts separately from its partners.
Registering an LLP in Delhi NCR is an excellent option for businesses looking for a cost-effective and legally compliant structure.
Why Choose LLP Registration?
✅ Limited Liability – Partners are only liable for their contributions, protecting personal assets.
✅ Separate Legal Identity – An LLP is distinct from its partners, allowing independent operations.
✅ Low Compliance Cost – Compared to private limited companies, LLPs have fewer legal formalities.
✅ Perpetual Succession – The LLP remains unaffected by changes in partners.
✅ No Minimum Capital Requirement – Start with any amount of investment.
Eligibility & Requirements for LLP Registration in Delhi
📌 Minimum 2 Partners – At least two individuals are required to form an LLP.
📌 Designated Partners – At least one partner must be a resident of India.
📌 Unique LLP Name – Must not be identical to an existing business.
📌 Registered Office Address – Mandatory for business registration.
Documents Required for LLP Registration
📄 For Partners:
- PAN Card (Mandatory for Indian Citizens)
- Aadhaar Card / Passport / Voter ID / Driver’s License
- Passport-size Photographs
📄 For Registered Office:
- Electricity Bill / Rent Agreement (Not older than 2 months)
- No Objection Certificate (NOC) from the Owner (If Rented)
Step-by-Step LLP Registration Process in Delhi
1️⃣ Obtain Digital Signature Certificate (DSC) – Required for e-filing registration forms.
2️⃣ Apply for Designated Partner Identification Number (DPIN) – Each designated partner must get a DPIN.
3️⃣ Reserve LLP Name – Submit LLP-RUN form to the Ministry of Corporate Affairs (MCA).
4️⃣ LLP Incorporation Filing – File FiLLiP form with required documents.
5️⃣ Draft & File LLP Agreement – Define roles, responsibilities, and profit-sharing ratios.
6️⃣ Certificate of Incorporation Issuance – Once approved, you receive the incorporation certificate.
Post-Incorporation Compliance for LLPs in Delhi
✔️ Apply for PAN & TAN – Essential for tax-related transactions.
✔️ Open a Bank Account – Required for business transactions.
✔️ GST Registration – Mandatory if turnover exceeds ₹20 lakhs.
✔️ Annual Filings – File Form 11 (Annual Return) and Form 8 (Statement of Accounts).
FAQs on LLP Registration in Delhi NCR
❓ How long does it take to register an LLP in Delhi?
✔️ Typically, it takes 7-10 working days for complete registration.
❓ Can a foreign national be a partner in an LLP?
✔️ Yes, foreign nationals can become partners, but one designated partner must be an Indian resident.
❓ Is an LLP better than a Private Limited Company?
✔️ LLPs are cost-effective and have lower compliance requirements, while Private Limited Companies are better for raising investments.
❓ What are the tax benefits of an LLP?
✔️ LLPs are taxed at flat 30% but do not have dividend distribution tax (DDT) like companies.
❓ Do LLPs need an annual audit?
✔️ An audit is mandatory only if turnover exceeds ₹40 lakhs or capital exceeds ₹25 lakhs.
Why Choose caindelhincr.in for LLP Registration?
🔹 Expert CA Assistance – Get professional guidance throughout the registration process.
🔹 Quick & Hassle-Free Process – We ensure smooth and timely registration.
🔹 Affordable & Transparent Pricing – No hidden costs.
🔹 All-in-One Business Solutions – From incorporation to tax compliance.
📞 Contact us today for hassle-free LLP registration in Delhi NCR!
🌐 Visit: caindelhincr.in
📧 Email: info@caindelhincr.in
📱 Call/WhatsApp: +91-9718046555