LLP refers to Limited Liability Partnership and is governed by Limited Liability Partnership Act 2008. Limited Liability Partnership provides advantage of limited liability to its owners and at the same time requires minimal maintenance. The directors of a Private Limited Company have limited liability to creditors. In case of default, banks / creditors can only sell company's assets and not personal assets of directors.
LLP Registration can be done through TaxOSmart in Delhi NCR, Mumbai, Bengaluru, Chennai and all other Indian cities.
LLP is a Separate Legal Entity that gives the benefit of limited liability of company plus the flexibility of partnership, wherein no partner's is held liable on account of other's partner misconduct and their rights and duties to be governed by LLP agreement. The basic premise behind the introduction of Limited Liability Partnership (LLP) is to provide a form of business organization that is simple to maintain while at the same time providing limited liability to the owners.
What Is Included In Our Package?
Documents Required for LLP Registration
Minimum Requirements For LLP Registration
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