Forming a Limited Liability Partnership (LLP) is an ideal choice for startups and professionals seeking a low-cost, low-compliance alternative to private limited companies. At Vijay R Singh & Co., we help entrepreneurs launch their LLPs with proper structuring, documentation, and ongoing compliance.
Whether you’re a freelancer, consulting firm, or small business looking to scale with limited liability protection and operational flexibility, our expert LLP registration services in India are tailored to support your journey.
Why Choose an LLP in India?
Limited LiabilityLLPs protect personal assets of partners. Each partner’s liability is limited to their agreed capital contribution, unlike traditional partnerships.
Flexible Partnership ModelPartners can manage operations without rigid company law restrictions. The LLP Agreement defines roles, duties, and decision-making—allowing operational flexibility.
Lower Compliance BurdenLLPs are not subject to audit until ₹40 lakh turnover or ₹25 lakh capital contribution, and have fewer regulatory filings compared to private limited companies.
Ideal for Professional FirmsLLP is widely accepted for consulting, legal, CA, and advisory businesses due to ease of ownership and profit-sharing flexibility.
Our LLP Registration Services
Start Your LLP Registration TodayGet expert legal and accounting support for a smooth LLP setup in India.
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“The right structure for two or more partners running a services or trading business where external equity is not planned. Lower compliance load than a Private Limited, with the same liability protection.”
ICAI Membership No. 153926 | FRN 136869W | Practising since 2013
Ideal for two or more partners running a professional services, consulting, or trading firm where external equity is not planned. Offers limited liability protection with partnership-style flexibility, lower annual compliance load than a Private Limited Company, and no dividend tax. Not suitable where VC funding or ESOPs are part of the plan.
Consulting, design, engineering, accountancy where partners want corporate-style protection.
Trading or distribution businesses where partners want liability protection without Pvt Ltd compliance load.
Family-owned businesses formalising operations into a corporate structure.
Joint ventures between two operating companies (corporate LLPs).
Existing Indian Partnership Act 1932 firms converting to LLP for liability protection.
Two-partner businesses wanting Pvt Ltd-style liability without ROC compliance complexity.
Everything you receive at the end of the engagement.
Capital Contribution
Each partner’s contribution to the LLP – can be cash, property, or services rendered. No statutory minimum. Most LLPs start at Rs 1 lakh to Rs 10 lakh total.
Profit-Sharing Ratio
Not required to match capital contribution. Partners can contribute 50:50 in capital but agree to 70:30 in profit. Lock this in the LLP Agreement.
At least two designated partners required. They carry compliance accountability. At least one must be a resident of India under Section 7 LLP Act 2008.
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LLP
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Private Limited
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Statutory & Third-Party Costs – pass-through, NOT our fees
These are paid directly to government departments, certifying authorities, and banks. They are not VRS professional fees.
We register your LLP end-to-end — name reservation, DPIN, LLP agreement drafting, and incorporation filing with post-registration handover — scoped to your partner structure during an initial scoping call.
Fees are confirmed per engagement after the scoping call, based on the scope and complexity involved. You receive a clear, written quote before any work begins — no hidden charges.
The final quote depends on the scope, volume, and statutory complexity of your specific engagement.
Yes. A body corporate (Indian or foreign) can be a partner in an LLP. This is the standard structure for joint ventures between operating companies.
Yes, under Section 366 of the Companies Act 2013. The conversion is procedural but takes 30-45 days. Many LLPs convert to Pvt Ltd just before a funding round.
Only if turnover crosses the threshold (Rs 20 lakh for services / Rs 40 lakh for goods) or if there is inter-state supply or e-commerce supply.
Statutory audit under the LLP Act is required if turnover exceeds Rs 40 lakh OR contribution exceeds Rs 25 lakh. Tax audit under Section 44AB is required if turnover exceeds Rs 1 crore (Rs 10 crore where cash transactions are <= 5%).
No. At least two designated partners are mandatory. If one resigns, the remaining partner has 6 months to bring in a replacement.
No. Profits are taxed at the LLP level (30% + surcharge + cess). Distribution to partners is not taxed again in the partner’s hands.
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© 2026 Vijay R Singh & Co., Chartered Accountants | FRN 136869W | M.No. 153926 | +91 98607 23959 | info@cavijaysingh.com | Andheri East, Mumbai 400069
