Registering a Limited Liability Partnership (LLP)

A Limited Liability Partnership (LLP) combines the flexibility of a general partnership with limited liability for its partners. It is registered under the Limited Liability Partnership Act, 2017 and the LLP Regulations, 2018 — a separate statute from the Companies Act, 2017, now covered section-by-section on this site alongside it.

Steps

  1. Line up at least two partners — individuals or bodies corporate — each contributing an agreed amount of capital, with liability limited to that amount.
  2. Register as a user on SECP's eZfile portal and reserve your LLP's name, ensuring it ends with "LLP" or "Limited Liability Partnership" and isn't identical or deceptively similar to an existing name.
  3. Draft your LLP Agreement, setting out each partner's share of profits and losses, capital contribution, management rights, and the designated partners responsible for regulatory compliance.
  4. File the incorporation application (an auto-generated Incorporation Document on eZfile) under the Limited Liability Partnership Act, 2017 and its Regulations, attaching partner CNICs, the registered office address, and the LLP Agreement.
  5. Digitally sign, pay the prescribed fee, and submit — SECP issues a Certificate of Registration once approved.
  6. Complete third-party registration — FBR, and EOBI/PESSI/SESSI if you have employees.
  7. Note: under Section 8 of the LLP Act, 2017, an LLP has its own ultimate-beneficial-ownership obligations, broadly similar to a company's — identify any partner or person who ultimately holds at least one-fourth of the LLP's profits and losses, and keep that on file alongside your incorporation record.

Sections involved

§5 Section 5 — Incorporation document §6 Section 6 — Provision related to name §7 Section 7 — Registration of incorporation document §8 Section 8 — Partners §9 Section 9 — Minimum number of partners §10 Section 10 — Designated partners

Forms you'll need

LLP-Form-I LLP-Form-I — Application for Reservation of Name LLP-Form-III LLP-Form-III — Application for Incorporation of Limited Liability Partnership LLP-Form-IV LLP-Form-IV — Consent to Act as Partner / Designated Partner LLP-Form-IX LLP-Form-IX — Notice to Partners for Providing Particulars of Ultimate Beneficial Owners LLP-Form-X LLP-Form-X — Declaration by Partner About Ultimate Beneficial Owners LLP-Form-XII LLP-Form-XII — Declaration of Compliance with Section 8 of the Limited Liability Partnership Act, 2017

How to file a form

New to SECP's eZfile / LEAP portal? See the step-by-step filing guide →

See Important Definitions

Key terms from Section 2 (Definitions) of the Companies Act, 2017 (and, where noted, the LLP Act, 2017) that matter for this task.

LLP §2(n) limited liability partnership LLP §2(o) limited liability partnership agreement LLP §2(j) designated partner LLP §2(r) partner LLP §2(t) Registrar
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