LIMITED LIABILITY PARTNERSHIP
LIMITED LIABILITY PARTNERSHIP (LLP) REGISTRATION
LLP is a partnership with features of a company like limited liability.
Advantage of LLP Registration
Limited Liability Partnership (LLP) registration is the best business registration structure due to its distinguish feature like limited liability and other which is not exist in traditional partnership firm registration and available for company so Limited Liability partnership (LLP) is the combination of traditional partnership firm and private limited company and LLP consist have good feature of both the business structure as discussed above.
Limited liability means where your liability is restricted to the contribution you made in LLP also another partner will never be liable for the negligence of a partner so Limited Liability partnership (LLP) registration increase popularity to business owners who want to retain limited liability with less compliance and keep more transparency. Limited Liability partnership registration is very easy through online process and after post registration need to go very less companies as compare to private limited company.