Limited Liability Partnership

Limited Liability Partnership (LLP) Registration in Pakistan (SECP)

A Limited Liability Partnership (LLP) combines the organizational flexibility of a partnership with the limited liability shield of a corporate body. Partners are protected from joint liability arising from another partner's wrongful acts or omissions.

Timeline: Incorporation in 5 to 7 Working Days Advocates High Court & Tax Counsel

Who Needs This Service?

Law firms, chartered accounting consultancies, medical practices, software development firms, and multi-partner professional service providers.

How It Works (Step-by-Step)

1

LLP Name Reservation

Secure name reservation with "LLP" suffix via SECP e-services.

2

Drafting Comprehensive Partnership Agreement

Formulate partnership agreement detailing profit sharing, capital contribution, and dispute mechanisms.

3

Filing & Certificate of Incorporation

Register with SECP and receive official Certificate of LLP Incorporation.

Documents & Requirements

Statutory documentation split between client-provided records and consultant drafting

Client Records Prepared by Us
Provided By Client
  • Minimum 2 partners, with at least 2 designated partners who are natural persons.
  • CNIC copies of Pakistani partners; passports of foreign partners.
  • Agreed capital contribution and profit/loss sharing ratios.
  • Registered office address of the partnership.
Prepared By Consultant
  • Custom drafting of the Limited Liability Partnership Agreement.
  • Preparation of designated partners' statutory declarations.
  • Filing with SECP Registrar of LLPs and certificate procurement.

Engagement & Retainership

Complete legal retainer covering LLP Agreement formulation, designated partner filings, and SECP registration.

Frequently Asked Questions

In a traditional partnership, partners have unlimited personal liability. In an SECP-registered LLP, liability is strictly limited to each partner's agreed contribution, and the LLP is an independent body corporate with perpetual succession.
An LLP is taxed as an Association of Persons (AOP) under the Income Tax Ordinance 2001, meaning profits taxed in the hands of the LLP are generally not taxed again in the hands of the individual partners.
Legal Basis: Limited Liability Partnership Act 2017; SECP Limited Liability Partnership Regulations 2018. Content last reviewed: October 2026

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