Limited Liability Partnership (LLP) Registration
Combining the internal operational flexibility of partnership firms with limited liability protection under the LLP Act, 2008. Complete MCA setup including FiLLiP incorporation, DPIN, e-STAMP LLP Agreement, Form 3, PAN & TAN.
1. Legal Definition & Statutory Provisions
Under Section 3 of the Limited Liability Partnership Act, 2008, an LLP is a body corporate formed and incorporated under the Act and is a legal entity separate from that of its partners. It enjoys perpetual succession and no partner is liable on account of independent or un-authorized actions of other partners.
Key Statutory Thresholds (LLP Act, 2008)
2. Key Statutory Benefits
Audit Exemption for Small LLPs
Statutory audit by CA is mandatory only if annual turnover exceeds ₹40 Lakhs or partner capital contribution exceeds ₹25 Lakhs.
Limited Partner Liability
Partners are liable only to the extent of agreed capital contribution. Personal assets remain protected from debts or partner misconduct.
3. Mandatory Document Checklist
A. Designated Partners Documents
- PAN Card Copy (Mandatory)
- Identity Proof (Aadhaar / Voter ID / Passport)
- Address Proof (Bank Statement under 2 months old)
- Class 3 Digital Signature (DSC)
B. Registered Office Documents
- Utility Bill (Electricity Bill under 2 months old)
- Rent Agreement & Owner NOC
4. Step-by-Step LLP Incorporation Timeline
Step 1: DSC & DPIN Procurement
Obtaining Class 3 DSC and DPIN allocation for designated partners.
Step 2: Name Reservation (RUN-LLP) & FiLLiP Filing
Reserving unique LLP name and submitting Form FiLLiP on MCA portal. ROC issues Certificate of Incorporation (COI) & LLPIN.
Step 3: LLP Agreement Execution & Form 3 Filing
Executing LLP Agreement on stamp paper and filing Form 3 with MCA within 30 days of registration.
5. Mandatory Annual Compliances
Annual MCA Returns for LLP
Form 11 (Annual Return) due by 30th May every year, and Form 8 (Statement of Accounts) due by 30th October every year.
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Mancherial Office Contact
B. Mallesh & Co., Co. Laxmi Theater, Indra Nagar, Mancherial, Telangana - 504208