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Closure of a Limited Liability Partnership (LLP)

Closure of a Limited Liability Partnership (LLP) is a formal process that legally dissolves your business, freeing you from ongoing compliance and liabilities. This step is especially beneficial for entrepreneurs, exporters, and importers whose business activity has ceased, ensuring a clean exit in line with Indian laws.


What is LLP Closure?

LLP closure means officially winding up an LLP so that it no longer operates or appears in government records. The most common way to close an LLP is by applying for “strike off” after confirming the business hasn’t operated for at least one year and has no assets or liabilities. This process is governed by Rule 37 of the Limited Liability Partnership Rules, 2009.

Key Topic Index

  • What is LLP Closure?
  • Documents Required for LLP Closure
  • Benefits for Exporters and Importers
  • How Make Merchant Can Help
  • Frequently Asked Questions (FAQs)
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Documents Required for LLP Closure

To close your LLP, you’ll need:

  • Application for closure in Form 24.
  • Consent from all partners via resolution.
  • Statement of accounts showing zero assets/liabilities, certified by a CA.
  • Closure of LLP’s bank account with recent bank statements.
  • LLP agreement and Certificate of Incorporation.
  • Latest Income Tax Return acknowledgement.
  • Affidavit and indemnity bond from partners stating all information is correct and no pending liabilities remain.

Benefits for Exporters and Importers

  • No Future Liability : Once the LLP is closed, the partners have no further compliance dues or financial liabilities from the dissolved business.
  • Save Time and Money : Avoid penalties for non-filing annual returns and other requirements, even if your business has stopped.
  • New Opportunities : With official closure, you can start new ventures, apply for government schemes, or open new entities without old baggage.
  • Credibility : Proper closure ensures your status with banks, clients, and authorities remains credible for future trade and export-import activities.

How Make Merchant Can Help

Make Merchant can assist in every step of the LLP closure :


  • Advice and support in gathering the required documents and ensuring legal compliance.
  • Expert preparation of the resolution, affidavits, and accounts with CA certification.
  • Swift submission of Form 24 and close coordination with ROC (Registrar of Companies).
  • Real-time progress updates and immediate handling of any authority queries.
  • Post-closure legal advice to keep your records spotless and help you set up new ventures smoothly.

Frequently Asked Questions (FAQs)

No, LLP closure by strike off is allowed only if the business hasn’t been active for one year or more.

All assets must be disposed of and liabilities paid before closure; any debts will prevent LLP from being closed.

Typically, it takes 2–3 months if all documents are in order and there are no objections raised by the authorities.

Yes. Even inactive LLPs must be officially closed to avoid future penalties and maintain good standing.

Yes, Make Merchant handles documentation, CA coordination, filing, and full support, making the process fast and hassle-free for you.

When you want to launch your business, Make Merchant is where it's at!

Closing your LLP properly with Make Merchant’s expertise ensures you walk away with peace of mind, ready for new projects and opportunities.

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Office Address

Address: 308, 3rd floor, bheema complex, nirman vihar , east delhi, delhi 110092