Limited Liability Partnership has become the standard style of business; many entrepreneurs and start-ups are opting for this. It works as a substitute corporate business that gives the benefits of limited liability of a company and the flexibility of a partnership.
The Limited liability Partnership Act was introduced in 2008, which regulates the LLP in India. The Limited Liability Partnership Act, 2008 was approved by the Parliament of India to introduce and lawful sanction the notion of LLP in India.
Minimum two designated partners are required in LLP, and at least one of them should hold a resident in India, as there is no upper limit on the maximum number of partners. The LLP agreement distributes the rights and duties of designated partners.
Benefits of Company Registration
Advantages of LLP
Disadvantages of LLP
What are the documents you have to submit for LLP Registration online?
Duration: The duration for the whole process will be minimum 15 days.
Documents to be submitted ?