limited liability partnership
Reasons why you should register your LLP
A Limited liability partnership (LLP) is a body corporate formed and incorporated under the LLP Act, 2008. It offers the benefits of limited liability of a company to its members. An agreement between the partners governs the rights and the duties of the partners called the LLP agreement. An LLP agreement is a written agreement...
LLP in India: Advantages, Structure, and Annual Compliance
A Limited Liability Partnership (LLP) remains one of the most practical business structures for small and mid-sized partnerships in India, combining a partnership’s operational flexibility with a company’s limited-liability protection. Here’s what an LLP actually is under Indian law, its real advantages and limitations, and the annual compliance obligations that come with it. What Governs...