LLP Registration in Delhi

LLP Registration in Delhi

Planning to set up your business in Delhi?

Delhi is the capital city of India; it is not only the political hub but also a preferable choice among entrepreneurs, advocates, Chartered Accountants, Company Secretaries, other professionals, small shops, traders, and startups. For them, a Limited Liability Partnership (LLP) has become a popular business structure. It gives the freedom to operate like a partnership, but with the security that their personal assets will be protected from debts and losses of business. An LLP registration is especially suitable in Delhi for:

• Consultants and professionals (lawyers, architects, designers, CA/CS firms) who want flexibility without the heavy compliance burden of a company.
• Trading and family businesses operating in Delhi’s busy markets, who want a formal structure without losing control over their business
• Startups and small IT firms based around Nehru Place or Gurugram that need an investor without spending much on compliance.

What is an LLP?

A Limited Liability Partnership (LLP) is a modern form of business setup that blends the features of a traditional partnership with those of a private limited company. It allows partners to run the business with flexibility, as decided in their LLP agreement.

LLP Regulation in Delhi

LLPs in Delhi are governed by the LLP Act, 2008. The following authorities regulate and govern LLPs in Delhi.

• The Ministry of Corporate Affairs (MCA) is the top body that looks after all LLPs across India.
• The Registrar of Companies (RoC) in Delhi takes care of registering your LLP and making sure it follows the rules.
• For taxes, including PAN, TAN, and filing income tax returns, the Income Tax Department is the authority you need to comply with.
• Goods and Services Tax (GST) Department is the main authority for GST registration for your LLP.

Eligibility Criteria for LLP Registration in Delhi

• At least two partners are required to form an LLP. There is no maximum limit on the number of partners.
• One of the partners must be a resident of India.
• One of the Designated Partners must be an Indian resident
• At least one of the designated partners must have a DSC.
• After the incorporation, at least one of the Directors has to obtain a DIN (Director Identification Number) from the MCA.
• The proposed LLP name must be new, unique, and not similar to the name of any existing company or LLP registered under MCA.
• The LLP must have a registered office address in Delhi.

Benefits of LLP Registration in Delhi

• Businesses in Delhi often have to pay high rent and deal with credit purchases and fast-changing markets. An LLP ensures that the personal assets of the partners in the firm are protected and remain untouched if the business runs into losses and debts.
• Delhi is a hub for lawyers, chartered accountants, company secretaries, architects, and IT consultants. LLPs allow such professionals to operate jointly with limited liability.
• Many government departments and PSUs headquartered in Delhi require vendors to have a registered business entity. An LLP gives credibility and increases eligibility for applying to tenders.
• Unlike private limited companies, the LLPs in Delhi do not have to undergo heavy compliance, which is useful for small traders, boutique firms, and family businesses.
• LLPs in Delhi enjoy tax advantages such as exemption from dividend distribution tax and lower tax rates compared to private limited companies.

Documents Required for LLP Registration

1. For Partners and the Designated Partners

• PAN Card
• Aadhaar Card or any government-issued ID proof
• Address proof, including Utility bills (6 months), bank statement, or rental agreement of all partners and the Designated Partners
• Recent passport-sized photographs
• A Digital Signature Certificate is required for at least one designated partner.

2. For LLP Registration

• Proposed LLP name approval from the MCA.
• LLP Agreement specifying the roles and responsibilities of partners and the Designated partners.
• Provide proof of the registered office address of the LLP. You can attach the rent agreement/ property ownership document/ lease agreement, or even utility bills.
• A no-objection certificate from the property owner if the office is rented.

Online Process of LLP Registration in Delhi

1. Obtain DSC: At least one of the designated partners must acquire a DSC.
2. Reserve the name: Use the MCA portal to apply for name approval for your LLP. Once the name is approved, it is reserved for three months from the date of approval.
3. File the LLP Form: Fill and prepare the Form “FiLLiP” for LLP incorporation and file it online on the MCA portal.
4. Verification by the RoC: The RoC will review your application and documents. If everything is in order, your LLP will receive a Certificate of Incorporation.
5. LLP Incorporated: Within 30 days of incorporation, draft the LLP agreement and file it with the RoC in Form 3.
6. Apply for PAN and TAN: After incorporation, apply for PAN and TAN for your LLP.

Annual Compliances for LLPs in Delhi

Why Choose Kanakkupillai for LLP Registration in Delhi?

Registering an LLP in Delhi can be confusing without expert help, especially when dealing with MCA filings, RoC checks, and legal paperwork. Kanakkupillai makes the process simple by providing:

• Expert Guidance - Kanakkupillai has a team of professionals specialising in corporate registrations and compliance. We are here to help you with everything from name approval to incorporation.
• End-to-End Support - The process, including filing FiLLiP, drafting LLP agreements, and getting the Certificate of Incorporation.
• Transparent Pricing - Affordable packages without hidden costs.
• Dedicated Relationship Manager - Clients receive personalised assistance at each stage of registration for better communication and guidance.
• Tax and Legal Advisory - Post-registration, our team also provides support in GST registration, PAN/TAN application, and annual filings, ensuring full compliance with the law.