LLP Registration in Gurgaon

LLP Registration in Gurgaon

Gurgaon has recently become one of India’s most preferred destinations for startups and small businesses.  The city provides excellent opportunities for entrepreneurs to set up their business. Choosing the right business structure is important. If you are looking for something flexible, easy to manage, and a type of business structure that provides protection for your personal assets, then an LLP might be a great choice for you. LLP registration offers the flexibility of a partnership and the benefits of a registered company. The process of incorporating an LLP in Gurgaon is simple and completely online. You only need basic documents like PAN, Aadhaar, address proof, etc.

What is an LLP?

A Limited Liability Partnership is a type of business where two or more partners manage the firm as per mutually decided terms and arrangements. The main benefit of the LLP is that personal assets of the partners are protected, even if the business faces losses or debts.

Benefits of LLP Registration in Gurgaon

• It is considered a separate legal entity. It can own property, sign contracts, and face legal proceedings in its own name.
• It provides limited liability protection. Partners are only responsible for their contributions. Personal assets remain safe if the business incurs losses.
• LLPs offer flexible management. The LLP agreement determines daily operations. Partners can assign roles and responsibilities as they see fit.
• Starting an LLP is affordable. There is no strict minimum capital requirement. Small businesses, startups, and family ventures can begin with modest investment.
• LLPs enjoy perpetual existence. The business continues even if a partner leaves or a new one joins.
• From a taxation perspective, LLPs have advantages. They are not subject to dividend distribution tax, making profit-sharing more tax-efficient.

Additional benefits include:

• Annual filings are simpler and less time-consuming than those of private companies.
• Partners can be individuals or corporate entities, and foreign ownership is allowed within regulations.
• Profits can be shared in any ratio specified in the LLP agreement.
• LLP status provides legal identity, which enhances trust with banks, clients, and investors.
• Partners can raise capital from within the firm or externally from other sources.
• Adding or removing partners in the LLP is simple and easy.

Who Can Benefit from an LLP in Gurgaon?

An LLP is ideal for professionals and small business owners in Gurgaon, including:

• Consultants and Advisors
• Family-Owned Businesses
• Startups
• Freelancers

LLP Regulation

LLPs in Gurgaon are governed by:

• The Limited Liability Partnership Act (LLP), 2008
• Ministry of Corporate Affairs (MCA)
• Registrar of Companies (RoC)
• Income Tax Department
• Goods and Services Tax (GST) Department (if eligible)

Eligibility Criteria for LLP Registration in Gurgaon

• 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 Gurgaon.

Documents Required for LLP Registration in Gurgaon

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 Gurgaon

1. Obtain DSC: At least one designated partner must obtain 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 LLP in Gurgaon

Why Choose Kanakkupillai for LLP Registration in Gurgaon?

Registering an LLP in Gurgaon 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 specializing 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 personalized assistance at each stage of registration for better communication and guidance.
• Tax and Legal Advisory - Our team also provides support in GST registration, PAN/TAN application, and annual filings, ensuring full compliance with the law.