A Limited Liability Partnership (LLP) is a popular business structure that combines the flexibility of a partnership
with the limited liability of a company. It is governed by the Limited Liability Partnership Act, 2008 and registered
with the Ministry of Corporate Affairs (MCA). LLP registration is ideal for small and medium-sized businesses, startups,
and professional firms looking for operational flexibility and reduced compliance costs.
✅ Key Benefits of LLP Registration in India:
- Limited Liability Protection – Partners’ liability is limited to their agreed contribution.
- Separate Legal Entity – LLP has a distinct legal identity from its partners.
- Easy Compliance – Fewer annual filings and procedural formalities compared to a private limited company.
- No Minimum Capital Requirement – You can start an LLP with any amount of capital contribution.
Note: LLP registration requires at least two Designated Partners, one of whom must be an Indian resident.
The process includes obtaining DSC, DIN, name approval, LLP agreement drafting, and filing incorporation forms on the MCA portal.