CORPORATE • REGULATORY • LEGAL • BUSINESS ADVISORY
Business partners discussing an LLP structure and operating agreement
CORPORATE & COMMERCIAL ADVISORY · ENTITY FORMATION

Limited Liability Partnership (LLP)

A flexible partnership, shaped around how you work.

LLP

A clear foundation for your organisation

LLP formation brings the partners' commercial understanding into the entity setup process. Before preparing documents, the partners should identify their contributions, working roles, decision-making expectations and the way they intend to share the results of the business.

The partnership arrangements should also anticipate change: admission of a new partner, a change in responsibilities, a funding requirement or a partner wishing to leave. These discussions inform the formation brief and the LLP agreement, helping the structure support the intended working relationship.

OUR SERVICES FOR LLP

Coordinated support from planning to setup

Bring the formation steps and connected requirements into one considered plan.

Name reservation

Review proposed names and coordinate reservation.

LLP incorporation & ROC filing

Coordinate formation information and the relevant ROC filing.

LLP agreement drafting

Document partner contributions, roles, decisions and sharing arrangements.

PAN, TAN & banking assistance

Coordinate tax identifiers and practical bank account next steps.

GST and statutory registrations

Map registrations to the business activity and operating location.

Partner changes & structure

Review changes to partners, responsibilities or the operating arrangement.

Accounting and records support

Identify bookkeeping and record-keeping requirements for the business.

Foreign investment, exit & compliance

Review applicable investment rules, compliance responsibilities and exit planning.

KEY BENEFITS

Why choose Limited Liability Partnership (LLP)?

The partnership arrangements should also anticipate change: admission of a new partner, a change in responsibilities, a funding requirement or a partner wishing to leave. These discussions inform the formation brief and the LLP agreement, helping the structure support the intended working relationship.

Business partners discussing an LLP structure and operating agreement
LLP
Considered for your next chapter.

Partner-led organisation

Set roles and contributions around the partners' commercial understanding.

Documented working arrangements

Use the LLP agreement to record responsibilities, decision-making and sharing arrangements.

Limited liability framework

Review the protections and responsibilities that apply to the LLP and its partners.

Flexible operating arrangements

Consider how the agreement can reflect partner contributions and business operations.

Plan for change

Anticipate new partners, changed responsibilities, funding needs and partner exits.

Professional and commercial ventures

Evaluate LLP suitability alongside the business activity and investment plans.

BUSINESS STRUCTURE & TAXATION ASPECTS

Plan the structure around the purpose

The partnership arrangements should also anticipate change: admission of a new partner, a change in responsibilities, a funding requirement or a partner wishing to leave. These discussions inform the formation brief and the LLP agreement, helping the structure support the intended working relationship.

  • Partner-led structure

    Partner roles, contributions and decision-making are central to the formation brief.

  • LLP agreement

    Record the partners' agreed responsibilities and operating arrangements.

  • Taxation

    LLP profits and partner taxation should be assessed under applicable tax provisions.

  • Profit sharing

    Document how partners intend to share the results of the business.

  • Suitability

    Consider an LLP for professional or commercial ventures alongside the intended funding and growth model.

Business partners discussing an LLP structure and operating agreement
Structure for today.
Clarity for what comes next.
COMPARATIVE ANALYSIS

Which structure is right for you?

A discussion framework for comparing common entity choices. Requirements and tax treatment depend on the proposed activities and current law.

FeaturesLLPPrivate Limited CompanyOne Person CompanyPartnership
Ownership approachPartnersShareholdersSingle memberPartners
Separate legal entityLLP structureCompany structureCompany structureNot a separate company
LiabilityReview LLP protections and partner obligationsReview company protections and member obligationsReview company protections and member obligationsReview partner responsibilities
ContinuityPlan partner admission and exit in the agreementPlan shareholder changesConsider nominee and succession arrangementsConsider partnership continuity
Funding plansAssess partner contributions and investment rulesAssess shareholding and investment plansAssess future investment and conversion needsAssess partner contributions
Key planning focusPartner roles and LLP agreementShareholders and governanceFounder eligibility and future structurePartnership deed and responsibilities

Use this overview as a starting point for advice on the proposed structure and circumstances.

INCORPORATION PROCESS

Simple, transparent and timely

A clear sequence of decisions and filings, coordinated around complete information and authority processing.

  1. Consultation & structure planning

    Discuss the proposed activities, ownership or partner arrangements and business plans.

  2. Name reservation

    Review proposed names and coordinate reservation, subject to availability and authority processing.

  3. Document preparation

    Prepare the entity-specific formation documents and declarations for review.

  4. Filing with ROC

    Coordinate the relevant application and supporting documents for filing with the Registrar of Companies.

  5. Certificate of incorporation

    Receive the certificate after the application is approved.

  6. PAN, TAN & bank account

    Coordinate tax identifiers and practical next steps for banking.

  7. Post-incorporation compliance

    Identify the governance, records and continuing requirements applicable to the entity.

DOCUMENTS & REQUIREMENTS

Prepare the right information

The exact checklist depends on the proposed entity, participants and activities. We will confirm requirements for your circumstances.

  • Proposed name(s) and a summary of intended business or organisational activities
  • PAN, identity and address proof for proposed members, directors or partners, as applicable
  • Passport-size photographs where required for the filing
  • Registered office address proof and owner consent or NOC, where applicable
  • Digital Signature Certificates and identification numbers, where required
  • Draft constitutional documents or agreement appropriate to the proposed entity
  • Required declarations, consents and nominee details, where applicable
  • Activity-specific registrations or sector permissions, where applicable
  • Proposed partners' contribution, role and profit-sharing details
  • Draft LLP agreement instructions and partner consents
OUR PROFESSIONAL FEES

Transparent and value-driven

Choose a formation package based on the level of support you need. The scope can be confirmed against your requirements before proceeding.

FORMATION ESSENTIALS

Basic Package

₹7,999
  • Name reservation
  • Formation filing coordination
  • Constitutional documents
  • PAN, TAN and banking next steps
Get Started
EXTENDED FORMATION SUPPORT

Comprehensive Package

₹12,999
  • Basic formation support
  • Applicable registrations assessment
  • Initial compliance guidance
  • Post-formation advisory scope
Schedule a Consultation
FOR COMPLEX REQUIREMENTS

Customised Quote

For complex ownership, activity-specific permissions, foreign participation or tailored requirements.

Get a Quote

Government charges, applicable taxes and third-party costs are confirmed separately as part of the proposed scope.

KEY FEATURES

LLP at a glance

Partner-led organisation
Documented working arrangements
Limited liability framework
Flexible operating arrangements
Plan for change
Professional and commercial ventures
FREQUENTLY ASKED QUESTIONS

A few useful answers

Common questions about LLP formation and planning.

Browse all FAQs
What is a Limited Liability Partnership?
What should partners agree before forming an LLP?
Can an LLP add or change partners later?
How is an LLP taxed?
TESTIMONIALS

Clear advice. Practical direction.

Perspectives shared with permission by clients of our advisory teams.

Astronis Global brought clarity and commercial focus to a complex restructuring exercise. Their advice was practical, timely and easy for our leadership team to act on.
Ananya MehtaChief Executive Officer, Northstar Manufacturing Pvt. Ltd.★★★★★
The team understood our regulatory requirements quickly and helped us move forward with confidence. We valued their responsiveness and disciplined follow-through.
Rohan KapoorFounder & Managing Director, Vertex Digital Solutions★★★★
Astronis Global provided dependable support across multiple registrations and approvals. Their communication was clear, structured and consistently professional.
Priya NairGeneral Counsel, Meridian Healthcare Group★★★★★
INSIGHTS

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YOUR NEXT CHAPTER STARTS HERE

Ready to form your LLP?

Let our experts guide you through a considered and compliant formation process.

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