LLP Registration in Thiruvananthapuram
Thiruvananthapuram is the capital of Kerala and a growing hub for education, IT, healthcare, and tourism. It has become a favourite destination for new entrepreneurs and professionals. The city is home to technopark startups, family businesses, and local traders who are looking for a smart yet simple way to formalise their ventures. Limited Liability Partnership (LLP) is the perfect blend of low cost, legal protection, and easy management. Unlike a traditional partnership, your personal savings, house, or car stay safe if the business faces losses or legal trouble. Unlike a private limited company, you don’t have to handle too much paperwork or spend heavily on compliance. The entire registration process can be completed online from the comfort of your home, with help from professionals who handle the filings and formalities for you.
What is an LLP?
An LLP is a business setup where two or more people work together. It gives the freedom of a partnership and the legal safety of a company. It allows partners to run the business as per their own will. The roles and responsibilities of partners and the entire management, including operations, are conducted as per the LLP Agreement.
Who Can Benefit from an LLP in Thiruvananthapuram?
- Professionals: Doctors running clinics, CAs handling audits, or consultants offering services often don’t want heavy compliance. An LLP gives them just enough structure to stay formal while keeping flexibility.
- Family-run shops: Think of the long-standing stores in Thillai Nagar, Woraiyur, or Gandhi Market. They value family control above all. LLP lets them protect that tradition while still giving their business a legal identity.
- Local traders: From Singarathope to the bustling Chathiram Bus Stand Market, traders deal in high volume but work on thin margins. An LLP is affordable to set up and doesn’t eat into its profits with compliance costs.
- Startups and IT firms: Young ventures coming out of incubation centres and tech hubs in Trichy need credibility to attract investors and secure loans. An LLP gives them exactly that without the rigidity of a private limited company.
- Restaurants and cafes: Small eateries in Cantonment, buzzing cafés in KK Nagar, or franchises in Srirangam need trust - from banks, suppliers, and even delivery apps. An LLP structure helps build that trust quickly.
LLP Vs Sole Proprietorship Vs Private Limited Company
| Aspects |
LLP |
Sole Proprietorship |
Private Limited Company |
|
Legal Status |
Separate legal entity |
No separate legal status |
Separate legal entity |
|
Ownership |
Minimum 2 partners, no maximum limit |
Owned by one individual |
Minimum 2, maximum 200 shareholders |
|
Liability |
Limited to the partner’s investment |
Unlimited personal liability |
Limited to the shareholder’s investment |
|
Compliance Level |
Moderate Annual filings required |
Very minimal |
High As statutory audits, board meetings, and filings are required |
|
Tax Rate |
Flat 30% |
Individual income tax slabs |
22% (domestic company rate) |
|
Ease of Setup |
Easy and online |
Easiest and low-cost |
Requires more documentation and a higher cost |
Eligibility Criteria for LLP Registration in Thiruvananthapuram
- 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 the Companies Act, 2013, or under any laws of the nation.
- The LLP must have a registered office address in Thiruvananthapuram.
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 Thiruvananthapuram
- Obtain DSC: At least one of the Designated Partners must obtain a DSC.
- Reserve the name: Use the MCA portal to apply for name approval for your LLP. Once the name is approved, it shall be reserved for three months from the date of approval.
- File the LLP Form: Fill and prepare the Form “FiLLiP” for LLP incorporation and file it online on the MCA portal.
- Verification by the RoC: The RoC will review and verify your application and documents. If everything is correct and in order, your LLP will receive a Certificate of Incorporation.
- LLP Incorporated: Within 30 days of incorporation, draft, execute, and notarise the LLP agreement and file it with the RoC at the MCA portal in Form 3.
- Apply for PAN and TAN: After incorporation, apply for PAN and TAN for your LLP.
Annual Compliances for LLP
|
Compliance |
Due Date / Details |
|
Annual Return |
Filed with the Registrar of Companies (RoC) by 30th May every year. |
|
Statement of Accounts Form 8 |
Submit a summary of accounts to the RoC by 30th October every year. |
|
Audit Requirement |
Required if the capital contribution is more than ₹25 lakhs, OR The annual sales are more than ₹40 lakhs. |
|
Update Changes in LLP Form 3 |
Any change in the LLP (e.g., adding/removing a partner) must be updated in the LLP agreement and filed with the RoC. |
|
Income Tax Returns |
Must be filed with the Income Tax Department before the due date each year. |
Why Choose Kanakkupillai for LLP Registration in Thiruvananthapuram?
Registering an LLP in Thiruvananthapuram 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.
Frequently Asked Questions
Do I need to visit any government office in Thiruvananthapuram to register an LLP?
No, the incorporation process is completely online through the MCA (Ministry of Corporate Affairs) portal. You just need to upload scanned copies of your documents.Is a physical office mandatory for an LLP in Thiruvananthapuram?
Not necessarily. You can use a home address or rented office as your registered office, provided you have valid proof of address and a No Objection Certificate (NOC) from the property owner.Can professionals like doctors, architects, or consultants form an LLP together?
Yes. LLPs are especially popular among professionals who work jointly, such as doctors running a clinic, architects designing projects, or consultants managing clients together.Can a person be a partner in two or more LLPs?
Yes, there is no restriction on being a partner in multiple LLPs, as long as it doesn’t create a conflict of interest between the businesses.Is it necessary to register for GST immediately after forming an LLP?
No, only if your annual turnover crosses ₹40 lakhs for goods or ₹20 lakhs for services. However, you may register voluntarily to claim input tax credit.Can LLPs in Thiruvananthapuram participate in government tenders or contracts?
Yes. LLPs are recognized as legal entities and can participate in government tenders, contracts, and projects, just like companies.What happens if one partner decides to leave the LLP?
The existingg partner can withdraw by following the terms in the LLP Agreement. The firm continues to exist, and profits or losses are adjusted accordingly.How can I close or dissolve an LLP if I don’t want to continue the business?
You can close an inactive LLP by filing Form 24 with the MCA. If the LLP has debts, it must settle them before applying for closure.What makes Us Different
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