Partnership flexibility with limited liability and lighter compliance — suited to professional services and businesses that will not raise venture capital.
Who needs this
What we do
- Reserve the name and incorporate via the MCA (Ministry of Corporate Affairs) FiLLiP form.
- Draft the LLP Agreement (profit sharing, capital, admission and exit of partners) and file it within 30 days of incorporation (Form 3).
- Obtain PAN, TAN, and DPINs for designated partners; one designated partner must be an Indian resident.
- Report foreign capital contribution to the RBI (Form LLP-I) where applicable.
What you receive
- Certificate of Incorporation, LLP Agreement, PAN/TAN.
- Compliance calendar (Form 11 by 30 May; Form 8 by 30 October each year).
Key deadlines / thresholds
| Item | Rule |
|---|---|
| LLP Agreement filing (Form 3) | Within 30 days of incorporation |
| Audit becomes mandatory | Turnover > ₹40 lakh or partner contribution > ₹25 lakh |
Documents you'll need
- Partners' PAN/Aadhaar or passports (apostilled for foreigners), address proof, photographs
- Registered office proof, utility bill, NOC
- Agreed capital contribution and profit-sharing ratio
Typical timeline
Typically 2–3 weeks. Indicative. Government processing times vary.
Download the document checklist (PDF)
Questions we are asked most
Who needs Limited Liability Partnership?
Consulting, design, advisory and other service businesses. Foreign companies in sectors where FDI is permitted under the automatic route and that prefer a lower compliance burden (FDI into LLPs is permitted only where 100% automatic-route FDI applies with no performance conditions).
How long does Limited Liability Partnership take?
Typically 2–3 weeks. Government processing times vary.
What documents do you need for Limited Liability Partnership?
Partners' PAN/Aadhaar or passports (apostilled for foreigners), address proof, photographs. Registered office proof, utility bill, NOC. Agreed capital contribution and profit-sharing ratio.
Last updated: September 21, 2026.