Formation of Limited Liability Partnership (LLP)
Limited Liability Partnership (LLP) – All You Need to Know
In this article, we look at some of the advantages and features of a Limited Liability Partnership, which is a new type of business structure in India, introduced to provide limited liability to the owners while at the same time being simple to start and manage.
Limited Liability
Separate Entity
Capacity to Sue and be Sued
Simplicity
Perpetual Existence
Minimum Number of Partners
Maximum Number of Partners
Formation of Limited Liability Partnership (LLP)
- Individuals
- Limited Liability Partnerships
- Companies
- Foreign Limited Liability Partnerships
- Foreign Companies
To incorporate an LLP, visit IndiaFilings.com.
Post by IndiaFilings
IndiaFilings.com is committed to helping entrepreneurs and small business owners start, manage and grow their business with peace of mind at an affordable price. Our aim is to educate the entrepreneur on the legal and regulatory requirements and be a partner throughout the entire business life cycle, offering support to the company at every stage to make sure they are compliant and continually growing.