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Limited Liability Partnership

Posted by corpaidcs on May 28th, 2018

What is Limited Liability Partnership?
Limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore exhibits elements of partnerships and corporations. In an LLP, one partner is not responsible or liable for another partner's misconduct or negligence. A Limited Liability Partnership, popularly known as LLP combines the advantages of both the Company and Partnership into a single form of organization. Limited Liability Partnership is managed as per the LLP Agreement.

What are the documents required for Limited Liability Partnership Registration?
Fill the Enquiry Form above, and you will receive the required documents list & quotation in few seconds in your mailbox. No charges for obtaining requirement list and Quotation.

What are the Type of Business Entities in India?
The following types of Business entitles are available in India:
Private Limited Company
Public Limited Company
One Person Company
Producer Company
Section 8 Company
Limited Liability Partnership
Sole Proprietorship

What are the Advantages / features?
Separate Legal Existence
Limited Liability
Flexibility of Ownership
Separation of Ownership and Management
Tax Planning
Perpetual Succession
Low cost of Formation
Easy to establish
Easy to manage & run
No requirement of any minimum capital contribution
No restrictions as to maximum number of partners
Less Compliance level
No exposure to personal assets of the partners except in case of fraud
Borrowing Power

Limited Liability Partnership
Ideal for Small Business Enterprises
3,499/- + Govt. Fees
Save 30% Cost
Duration : 8 to 10 Day
Brows This @ http://www.corpaidcs.com/start-a-business/limited-liability-partnership

Also See: Limited Liability, Liability Partnership, Small Business, Partnership Limited, Partnership, Limited, Liability

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