Limited Liability Partnership (LLP)
What is Limited Liability Parterneship (LLP) Registration?
LLP form is a form of business model which operates on the basis of an agreement.
LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership.
It is very easy to manage and incorporate a Limited Liability Partnership in India. To register an LLP minimum of two partners are required, there is no upper limit as such.
Create your Ideal business establishments for Small and moderate size business traversing for Partnership.
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Benefits of Limited Liability Partnership (LLP)
- Convenient
- No limit on owners of business
- Lower registration cost
- Quick decisions
- Audit not required
- Savings from lower compliance burden
- Taxation Aspect on LLP
- (DDT) not applicable
- operates on the basis of an agreement