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what is LLP
How to Register in LLP
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LLP means Limited Liability Partnership has become a preferable form of organization among entrepreneurs as it incorporates the benefits of both partnership firm and company into a single form of organization.
Features of Limited Liability Partnership (LLP)
It has a separate legal entity just like companies
The liability of each partner is limited to the contribution made by partner
The cost of forming an LLP is low
Less compliance and regulations
No requirement of minimum capital contribution
Features of Limited Liability Partnership (LLP)
It has a separate legal entity just like companies
The liability of each partner is limited to the contribution made by partner
The cost of forming an LLP is low
Less compliance and regulations
No requirement of minimum capital contribution
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