Important benefits of limited liability partnership

Some of the important benefits of limited liability partnership form of business structure can be summarized as follows : Important benefits of limited liability partnership Financial Risk : Limited liability partnerships, not surprisingly, provide limited liability for partners. That means that each partner is responsible only for the amount of money he has given or …

LLP

Limited Liability Partnership (LLP) Act

Limited Liability Partnership (LLP) is another corporate business entity. It offers the advantages of limited liability of a company. LLP is also grants its members the flexibility of arranging their internal management on the base of a mutually-arrived terms. In the case of a partnership firm. In general, this information would be useful for small …

LLP company registration process

The Limited Liability Partnership (LLP) is introduced from 31st March 2009. It makes a new corporate business structure called ‘LLP‘ or ‘Limited Liability Partnership’. A LLP gives many advantages of the Private Limited Company while being easier to keep confirmations. The Limited Liability Partnership (LLP) comes with easy maintenance and low registration fees. It makes …