Looking to start a business with one or more partners but want to limit your personal liability? A Limited Liability Partnership (LLP) could be the ideal solution. It combines the benefits of a traditional partnership with the legal protections of a private limited company. At SKNV and Associates, we provide complete LLP Registration Services in Hyderabad — from digital signatures to MCA filings and compliance support.

Whether you’re a startup founder, legal or financial consultant, or service provider, we help you launch your LLP with ease, speed, and legal accuracy.

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✅ What is an LLP (Limited Liability Partnership)?

An LLP is a separate legal entity, registered under the Limited Liability Partnership Act, 2008, where each partner’s liability is limited to their agreed contribution. Unlike a regular partnership, one partner is not liable for the misconduct or negligence of another, offering stronger legal protection.

LLPs are especially favored by:

• Startups that don’t immediately need equity investors

• Professional firms (law, finance, consulting, etc.)

• Agencies, design studios, or boutique service providers

• Businesses wanting flexibility without full corporate formalities

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🧠 Why Choose LLP Over Other Structures?

1. Limited Liability Protection

Unlike a traditional partnership, partners’ personal assets are not at risk for the LLP’s debts or legal issues.

2. Separate Legal Identity

An LLP exists as a separate legal person—it can buy assets, enter contracts, or sue/be sued in its own name.

3. No Minimum Capital Requirement

You can start an LLP with any amount of capital—no fixed minimum is required by law.

4. Operational Flexibility

Partners can decide on profit-sharing, duties, and decision-making terms freely via an LLP Agreement.

5. Lower Compliance Cost

Compared to a Private Limited Company, LLPs have fewer filing and audit requirements (audit is mandatory only if turnover exceeds ₹40 lakhs or capital exceeds ₹25 lakhs).

6. Tax Benefits

No Dividend Distribution Tax (DDT) or Capital Gains on profit repatriation. Profits are taxed only at the LLP level, not at partner level.

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🛠️ Our LLP Registration Services at SKNV and Associates

We provide a complete end-to-end registration package for LLPs in Hyderabad. Our process is 100% digital, streamlined, and compliant with MCA norms.

🔹 Step-by-Step LLP Formation:

Step 1: Digital Signature Certificate (DSC)

Each designated partner needs a DSC for signing forms online. We apply and issue Class 3 DSCs.

Step 2: Director Identification Number (DIN)

We apply for DIN through the MCA portal for all designated partners via Form FiLLiP.

Step 3: LLP Name Reservation

We help you select a unique business name and file for reservation using the RUN-LLP (Reserve Unique Name) service.

Step 4: Filing Incorporation Form

We prepare and file Form FiLLiP, the main incorporation form, along with necessary documents, including subscriber sheet and consent letters.

Step 5: Drafting LLP Agreement

We create a legally sound, customized LLP Agreement detailing:

• Partner roles and responsibilities

• Profit-sharing ratios

• Capital contribution

• Exit provisions and dispute resolution This is filed within 30 days of incorporation through Form 3.

Step 6: PAN, TAN & Other Registrations

We help you apply for the LLP’s PAN and TAN, and assist in:

• GST registration

• UDYAM (MSME) registration

• Professional Tax (if applicable)

• Bank account opening

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📋 Documents Required for LLP Registration

For Each Partner:

• PAN Card (mandatory for Indian citizens)

• Aadhaar Card / Passport / Voter ID

• Passport-size photograph

• Email ID and mobile number

• Address proof (utility bill or bank statement)

For Registered Office:

• Rental Agreement (if rented)

• Utility bill (electricity/water/gas) not older than 2 months

• NOC from property owner

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📈 LLP Compliance After Registration

Once your LLP is incorporated, it must comply with these annual requirements:

• Filing of Form 8 (Statement of Accounts and Solvency)

• Filing of Form 11 (Annual Return)

• Income Tax Return Filing (ITR-5)

• GST Returns (if applicable)

• Audit Requirement (only if turnover > ₹40L or contribution > ₹25L)

At SKNV and Associates, we provide annual compliance packages for LLPs at competitive rates.

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📊 LLP vs Other Business Structures