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Limited Liability Partnership

Why should you opt for a LLP?

  • Limited Liability
  • Less Compliance than a Private Limited Company
  • Misconduct by one partner does not affect other partners
  • Not required to maintain registers

Requirements to start a LLP

  • At least 2 designated partners
  • At least 1 partner must be a resident of India.
  • No mandatory minimum contribution

Process Flow

Step 1

Share requirements + documents

Share your requirements and the list of documents mentioned below.
Step 2

DSC application

For those who do not already own Digital Signature Certificate, we will help in applying for it as it is used for signing documents digitally
Step 3

Application for name approval

Select two names and either of them available would be would be approved by MCA, if both names are not available we need to reapply
Step 4

Drafting of LLP documents and agreement

All the rights, duties and provisions of partners to LLP would be drafted by us
Step 5

Application for Incorporation and Approval

We will submit an application for incorporation to MCA and only after their approval certificate of commencement of business would be received
Step 6

Sharing Deliverables

We will share DSC, LLP Agreement and certificate of commencement as deliverables


Documents required

For each director and shareholder:

  • PAN card* (Mandatory for Indians & others if held)
  • Passport* (for NRI, Foreigners, and Indians if held)
  • Address proof ( any 1 of ) ( Not more than 2 months old)
    1. Bank Statement
    2. Phone Bill
    3. Mobile Bill
    4. Electricity Bill

(Note – For NRI & Foreigners Documents signed outside India must be notarised & apostilled)

For Registered Address:

  • NOC from Owner*
  • Rent Agreement*
  • Utility Bill*


  • Certificate of incorporation
  • Filled e-form and challan
  • LLP agreement

Why choose Wazzeer?

  • One platform for all your requirements

    Incorporation is just the first step. Wazzeer supports you throughout your journey as an entrepreneur. Log in to get things done efficiently. A dedicated Account Manager offers the required human touch and acts as an advisor to you.

  • Experienced professionals

    Our professionals have at least 5 years of experience and have incorporated thousands of companies among them. The rich experience ensures that the process is smooth and right in the first go.

  • Defined process

    Over the last few years, doing over 500 incorporations, we have defined every step of the process. A virtual process is in place enabling us to deliver hassle free experience for you.

  • Cost Effective

    You pay what you see in the proposal. No surprises or hidden charges.

Frequently Asked Questions

According to the LLP Act, a minimum of two partners are required to start an LLP. At least one of them must be a resident in India.

There is no limit on the maximum number of partners.

There is no mandatory minimum contribution to start the LLP. You can choose any amount you want to start with.

Partners can withdraw capital subject to the LLP agreement. It is also possible for a partner to reduce contribution liability after giving notice to creditors

A partner continues as a partner in the LLP even after transferring all his rights in the LLP unless the LLP agreement provides otherwise. A partner can even resign from the LLP. It is possible to remove a partner from the LLP subject to the LLP agreement.

Yes, you can show your own residential or rented home address as the registered office address of the Company. Once your startup is set up, stable and ready to move on to a nice corporate space you can change the registered office address by informing to the ROC office. If you take place for rent, and the bill’s are on the Owner’s name then ‘No Objection Certificate’ is required.

No, the complete process can be carried online. Wazzeer has developed a Stand Operating Processes that delivers Business Registration 100% online in a seamless way.

An LLP deed is signed by partners of LLP regarding the relationship between the individual partners in the LLP. This document determines the mutual rights and duties of the partners and their rights and duties in relation to that limited liability partnership. Partners are to file an agreement by above declaration within 30 days of Incorporation.

Accounts to be audited by a Chartered Accountant only if the turnover exceeds Rs.40 lakh or contribution exceeds Rs.25 lakh.

‘Firm’ tax is applicable to LLP @ 30.90% on the net profit of the company. There is no DDT. Profit after tax will be credited to partners’ account and it will not be taxable in the hands of partners again.

  • Any individual – resident in India, NRI, Foreigner can become a partner. However, it is mandatory that at least one of the partners is a resident Indian.
  • Any body corporate like Private limited company/ OPC/ LLP/ Section 8 company or even foreign body corporates can be Partners of an LLP
  • The term ‘resident in India’ means a person (Indian or not) who has stayed in India for a period of not less than one hundred and eighty-two days during the immediately preceding one financial year.