Limited Liability Partnership Formation

A Limited Liability Partnership (LLP) is a business structure that combines the flexibility of a partnership with the limited liability protection of a company.

Setting up a Limited Liability Partnership (LLP) in India requires a minimum of two partners. The partners can be individuals or body corporates, and there is no upper limit on the number of partners in an LLP.

Naming your LLP is a creative process—it's the cornerstone of your professional identity. You need a name that’s distinctive, memorable, and fully compliant with the law. It’s important to ensure that:

• The name doesn’t resemble any existing LLP or company name.
• The name doesn’t violate the provisions of the Emblems and Names (Prevention of Improper Use) Act, 1950. You can use the online portal to check name availability.
• Select at least one suitable name in order of preference, up to a maximum of six names, that reflects the core objectives of the LLP.

Once the name is finalized, you need to file an application for incorporation with the Registrar of Companies (ROC), submitting the LLP agreement, details of the partners, and other required documents.

Digital Signature: All designated partners must obtain a digital signature certificate.

After processing the application, the Registrar of Companies will issue the Incorporation Certificate along with a LLP Identification Number (LLPIN).

At KBPS Associates, we specialize in assisting clients with the setup of Limited Liability Partnerships (LLPs). Our expert team ensures a smooth and hassle-free process, guiding you through every step from registration to compliance. With our assistance, you can confidently establish your LLP and focus on growing your business with a solid legal foundation.