Enjoy limited liability with partnership-style control and lighter annual compliance. We manage RUN-LLP, FiLLiP, LLP Agreement & PAN/TAN while you focus on delivery.
Compare with Private Limited CompanyA separate legal entity combining partnership flexibility with limited liability. Governed by the LLP Act and administered by the MCA.
Owns property, signs contracts, and is sued/sues in its own name.
Partner liability typically capped to agreed contribution.
Rights & duties are contractual via the LLP Agreement.
Choose after balancing flexibility, compliance appetite, and funding plans.
Indicative; depends on name approval & ROC queries.
| Day | Step | What happens | Status |
|---|---|---|---|
| 0–1 | KYC & Scoping | Collect partner KYC, contribution split, office proofs, and object line. | Start |
| 1–3 | DSC + RUN-LLP | DSCs; submit 2 name options with clear activity description. | Fast |
| 3–6 | FiLLiP Drafting | Prepare FiLLiP, subscribers’ sheet, consents, proofs attached. | Draft |
| 6–8 | ROC Filing | File FiLLiP; respond promptly to resubmissions if any. | Varies |
| Varies | COI + PAN/TAN | COI issued; PAN/TAN when bundled. | Approved |
| +7–20 | LLP Agreement & Form-3 | Stamp (state-wise), execute & file Form-3 in time. | File |
Mobile cards summarize what you need.
Your internal rulebook for roles, profits, decisions & exits.
Stay current to avoid penalties.
| When | What | Notes | Flag |
|---|---|---|---|
| April | Close books; collect proofs | Prep for Form-11 & Form-8 | Prep |
| May | Form-11 | Annual Return (typically by 30 May) | File |
| Jun–Jul | Tax provisioning | Advance tax/TDS where applicable | Tax |
| Oct | Form-8 | Statement of A/c & Solvency (by 30 Oct) | File |
| Jul/Oct | ITR (LLP) | Non-audit vs audit timelines | ITR |
| Event-based | Partner/Contribution/Office change | File respective forms promptly | Event |
Great for professionals, service firms, and small partnerships prioritizing control & simplicity.
Agencies, consultancies, tech services, design studios.
Clear roles, capital/withdrawal rules, and smooth exits.
Where VC/ESOP isn’t the primary plan for now.
Same content in both views; phones see cards, desktops see an animated colorful table.
| Feature | LLP | Pvt Ltd | Note |
|---|---|---|---|
| Ownership | Partners | Shareholders | LLP Agreement vs MoA/AoA |
| Governance | Contractual | Companies Act heavy | Trade-off |
| Funding | Limited VC appetite | VC-friendly | ESOPs easier in Pvt Ltd |
| Compliance | Lighter | Heavier | Annual filings differ |
| Tax | Partnership tax regime | Corporate regime | Subject to changes |
What you’ll interact with during the journey.
| Stage | Portal/Form | Output | Notes |
|---|---|---|---|
| Name Reservation | RUN-LLP | Approved name | 2 options Clear activity description helps |
| Incorporation | FiLLiP | COI, PAN/TAN (bundled) | Respond fast to resubmissions |
| Agreement | Form-3 | Agreement on record | State stamp duty varies by capital |
What to do immediately after receiving the COI.
Board/partner resolution + KYC, COI & PAN/TAN.
Record entries; issue capital acknowledgement.
Maintain partner register, minutes, resolutions.
Assess GST threshold & TDS applicability early.
Share statutory docs with key clients/vendors.
File timely on partner/office/contribution changes.
Reduce resubmissions with strong choices.
Neat, organized, and bank-ready documentation.
Official incorporation + tax IDs (when bundled).
RUN-LLP, FiLLiP, Form-3, acknowledgements.
Executed copy + key clause summary.
Quick answers to help you decide confidently.
We’ll reply with a checklist, timelines & compliance guidance.
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