Vegavat

Strategy · Design · Engineering · Launch

Vegavat
Business Services

Limited Liability Partnership

LLP incorporation combining the flexibility of a partnership with the limited liability of a company, and far lighter compliance than a private limited.

Call +91 88729 76232 →
Overview

What Limited Liability Partnership involves

An LLP gives partners limited liability without the board meetings, share capital and filing load of a private limited company. It suits professional firms and partnerships that want protection and a formal structure but have no plans to raise equity. The document that really matters is the LLP agreement — it decides profit share, decision rights and what happens when a partner leaves — so we draft it around your actual arrangement.

Typical timeline

Name approval typically takes 1–2 working days, incorporation a further 3–5, and the LLP agreement must be filed within 30 days of incorporation.

Who it's for

  • Professional and consulting firms
  • Two or more partners wanting limited liability
  • Businesses not planning to raise equity
  • Family businesses formalising an arrangement
  • Partnerships converting from a deed
In Detail

Exactly what is covered

Every part of the work, spelled out — so you know what you are paying for before you commit.

01

Name reservation

Availability check against the MCA register and existing trademarks, then reservation through RUN-LLP.

02

DSC and DPIN for partners

Class 3 digital signatures and Designated Partner Identification Numbers for each designated partner.

03

FiLLiP incorporation filing

The incorporation form covering the LLP itself plus allotment of DPIN, PAN and TAN.

04

LLP agreement drafting

Capital contribution, profit sharing, management rights, admission and retirement of partners, and dispute resolution — drafted, stamped and filed in Form 3.

05

Certificate of incorporation

Handover of the COI with LLPIN, PAN and TAN, and the statutory records you must maintain.

06

Compliance briefing

Form 11 and Form 8 due dates, and the audit threshold, so you know what recurs annually.

Deliverables

What you receive

Not just the filing — the paperwork you will need if anything is ever questioned.

Certificate of Incorporation with LLPIN
LLP PAN and TAN
Stamped LLP agreement as filed
DPIN for each designated partner and DSC tokens
Annual compliance calendar
Key Dates

Deadlines that apply

We track these for you. Dates are the standard statutory ones and can be extended by notification.

LLP agreement (Form 3)Within 30 days of incorporation
Annual return (Form 11)30 May each year
Statement of accounts and solvency (Form 8)30 October each year
Why It Matters

6 reasons to choose Limited Liability Partnership

The reasons clients most often give for getting this done properly rather than leaving it to chance.

  1. Limited liability for every partner

  2. Management flexibility of a partnership

  3. Lighter compliance than a private limited company

  4. No minimum capital contribution required

  5. Separate legal entity that can own property

  6. No audit needed below the turnover threshold

Avoid These

Common mistakes we prevent

The errors that quietly cost the most — and what we do differently.

Missing the 30-day LLP agreement deadline

Form 3 filed late carries a per-day penalty with no cap, and it accrues quietly until someone notices.

We check for this

Using a template agreement

Generic profit-share and exit clauses are exactly what partners fall out over. The agreement is worth drafting properly once.

We check for this

Assuming no filings are due in a loss year

Form 11 and Form 8 are due whether or not the LLP traded. Nil filings still have to be made.

We check for this

Choosing LLP when equity funding is the plan

Investors rarely fund LLPs. If you intend to raise, incorporate as a private limited instead.

We check for this

Need help with Limited Liability Partnership?

Call and speak to someone who handles this every day. First consultation is free.

  • Free first consultation
  • No obligation
  • We reply within 24 hours
Documents

What we need from you

An indicative list — we send a checklist tailored to your case after the first call.

  • PAN and Aadhaar of every partner
  • Passport-size photographs
  • Address proof for each partner, under three months old
  • Proof of registered office
  • Utility bill for the registered office
  • No-objection letter from the property owner
How It Works

Four steps, start to finish

You always know what is happening and what is needed next.

  1. 1

    Talk to us

    A short call to understand your situation, what is pending and what it will cost. No charge, no obligation.

  2. 2

    Share documents

    We send a checklist tailored to your case. Share what you have over WhatsApp, email or a secure link.

  3. 3

    We prepare & review

    Your file is prepared by a professional and independently reviewed before anything is submitted.

  4. 4

    File & follow up

    We file, send you the acknowledgement, and stay available for any notice or query that follows.

Help & Support

Frequently asked questions

Everything you need to know before getting started. Can't spot the answer you need? Our team is only a message away.

Both give limited liability. An LLP has lighter compliance, no board or share capital and no mandatory audit below the threshold — but investors rarely fund LLPs, so choose a company if you plan to raise equity.

At least two partners, of whom at least two must be designated partners, and at least one designated partner must be resident in India.

Only where turnover exceeds Rs. 40 lakh or contribution exceeds Rs. 25 lakh. Below both thresholds no statutory audit is required.

Form 11 and Form 8 are still due. Nil filings must be made, and late fees accrue per day with no upper cap, so dormant LLPs still need attention.

It fixes profit sharing, decision rights and what happens when a partner leaves or dies. Template agreements are what partners fall out over, so it is worth drafting properly once.

Business Services

Get started with Limited Liability Partnership

Call +91 88729 76232 and we will tell you exactly what is needed, what it costs and how long it takes.

  • Reply within 24 hours
  • Free, no-obligation estimate
  • NDA available on request
WhatsApp us