Overview
An LLP combines the benefits of a company and a partnership — limited liability with flexible operations. Governed by the LLP Act, 2008, it’s ideal for small and medium-sized firms.
Process
- Obtain DSC & DIN
- Reserve LLP name
- File incorporation with MCA
- Draft & register LLP Agreement
Documents Required
- PAN, Aadhaar & address proof of partners
- Office proof (utility bill + NOC)
- Digital Signature (DSC)
Time Required
⏳ 10–12 working days
Key Benefits
- Limited liability
- Separate legal existence
- Flexible internal structure
- Lesser compliance than companies