CoreCatalyst Ventures LLP makes registering a Limited Liability Partnership (LLP) simple and efficient—a flexible business model that blends the advantages of traditional partnerships with the protection of limited liability. Perfect for service providers, consultants, and co-owned startups, an LLP provides legal recognition with fewer compliance requirements than a private limited company.
We take care of the complete journey—from partner onboarding to MCA filings and post-registration advisory.
Our Services Include:
Digital Signature Certificates (DSC) and Designated Partner Identification Numbers (DPIN) for partners
Name reservation through RUN-LLP application
Drafting and filing the LLP Agreement and incorporation documents
Assistance in procuring PAN, TAN, and LLP Incorporation Certificate
Post-registration advisory on compliance, GST registration, and annual filings
Build your business on trust, flexibility, and limited liability.
A Limited Liability Partnership (LLP) is a hybrid entity combining the flexibility of partnerships with the corporate advantage of limited liability. To form an LLP, at least two partners must enter into a formal LLP Agreement outlining rights and responsibilities.
Key benefits include limited liability, ensuring partners are not personally liable beyond their capital contributions, and perpetual existence, meaning the LLP continues even if partners exit.
LLPs in India are governed by the Limited Liability Partnership Act, 2008, which defines their formation, structure, and compliance.
Key Features of an LLP:
Separate Legal Entity: Recognized as a distinct entity, just like a company.
Minimum Partners: Requires at least two partners.
No Upper Limit: Unlimited number of partners allowed.
Designated Partners: Minimum two required, one must be an Indian resident.
Limited Liability: Liability restricted to capital contribution.
No Minimum Capital Requirement: LLPs can start without fixed capital.
Cost-Effective Setup: Cheaper incorporation compared to companies.
Simplified Compliance: Fewer regulations than Pvt Ltd.
Separate Legal Identity – LLP can own assets, enter contracts, and sue in its own name.
Limited Liability – Protects partners’ personal assets from business risks.
Low-Cost Formation – Lower incorporation and compliance costs.
Easy Transferability – Ownership rights can be reassigned easily.
Clear Dispute Resolution – Roles defined in LLP Agreement reduce conflicts.
Tax Efficiency – No Dividend Distribution Tax (DDT).
Flexible Capital – No minimum capital contribution required.
Unlimited Partner Capacity – Two or more partners can form, with no upper cap.
Reduced Compliance – Only annual filings are mandatory.
Audit Exemption – Audits required only if turnover > ₹40 lakh or contribution > ₹25 lakh.
| # | Requirement | Details |
|---|---|---|
| 1 | Minimum Partners | At least two are required to establish an LLP. |
| 2 | Unique Name | Name must not conflict with existing businesses or trademarks. |
| 3 | LLP Agreement | To be filed on MCA portal within 30 days of incorporation. |
| 4 | Indian Resident Partner | At least one partner must be a resident of India. |
| 5 | DPIN & DSC | Mandatory for all designated partners. |
| 6 | Registered Office Address | Compulsory for official correspondence. |
End-to-End Solutions: From partner onboarding to compliance support.
Expert Guidance: Chartered professionals ensuring smooth processes.
Regulatory Compliance: Full adherence to LLP Act, 2008.
Simplified Process: We handle complexities so you can focus on growth.
For Partners:
PAN card
Aadhaar/Passport/Voter ID/Driving License
Residence proof (bank statement, utility bill, etc.)
Passport photo
Passport (for NRIs/Foreign Nationals)
For LLP:
Proof of office address (lease deed/rent agreement/NOC from owner)
Digital Signature Certificate (DSC)
Obtain DSCs for partners.
Apply for DPIN (Form DIR-3).
Reserve Name using RUN-LLP.
File FiLLiP Form for incorporation with RoC.
Draft and File LLP Agreement using Form 3.
Form 8 & Form 11: Annual filings.
Accounts Maintenance: Proper books under double-entry system.
Audit: Required only above turnover/capital limits.
Income Tax Return: Annual filing is mandatory.
Document Maintenance: Incorporation, partners list, and financial records must be preserved.
Special Business Consultant
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Business Development
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