LLP Registration in Patna

LLP Registration in Patna

Thinking of starting your business in Patna? Patna is one of the fastest-growing industrial cities in the state of Bihar. From busy textile mills to modern IT offices, the city is buzzing with business activity. It is home to textile manufacturers, engineering units, educational institutions, IT companies, and startups. Recently, it has become a preferred destination for entrepreneurs, professionals, and family-run businesses.  Every year, more entrepreneurs, professionals, and family-run shops are starting something new here. The opportunities are everywhere- trading, consulting, manufacturing, or tech startups. But starting a business comes with risks. You want flexibility to run things your way. At the same time, you don’t want your personal savings or property at risk if things go wrong. That’s where a Limited Liability Partnership or LLP comes in. An LLP registration in Patna is a mix of a partnership and a company. You have the freedom to manage your business, decide on roles, and share responsibilities. But your personal assets stay protected. Starting an LLP in Patna is straightforward and can be completed entirely online.

What is an LLP?

A Limited Liability Partnership (LLP) is a type of business where two or more partners manage the company according to a mutually agreed arrangement. The main benefit of the LLP is that personal property is protected, even if the business faces losses or debts. Partners also have the freedom to define roles, responsibilities, and profit sharing in the LLP agreement.

Who Can Benefit from an LLP Registration in Patna?

LLPs suit a variety of professionals and business owners:

• Accountants, lawyers, architects, consultants, and other service providers who want to work together safely.
• Small business owners or traders seeking a formal structure without heavy compliance burdens.
• Startups and small IT or service firms are looking for investor confidence and legal protection.
• Manufacturing or service units that prefer limited liability while keeping operations simple.

LLP Regulation

LLPs in Patna 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 Patna

• 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 (Digital Signature Certificate).
• After incorporation, at least one director must 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 Patna.

Benefits of LLP Registration in Patna

• Partners in the LLP have Limited Liability.
• An LLP has a separate legal entity in the eyes of the law. It can own property in its own name, enter into contracts in its own name, or even sue in its own name.
• Partners in the LLP can decide roles, responsibilities, and profit sharing and mention it in the LLP agreement.
• There is no minimum capital requirement, so you can start your business with small funding and expand gradually.
• The LLP continues to exist even if partners leave or change the firm.

Documents Required for LLP Registration in Patna

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 DSC is required for at least one of the Designated Partners

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 Patna

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 LLP in Patna

Why Choose Kanakkupillai for LLP Registration in Patna?

Registering an LLP in Patna 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.