Limited Liability Partnership Registration
LLP Registration in India has become an alternative form of business that provides the advantages of a Company and the flexibility of a Partnership firm into a single organization. The Limited Liability Partnership Act of 2008 introduced the Concept of LLP in India back in 2008. This unique hybrid is suitable for setting small, medium-sized businesses. To register an LLP minimum of two partners are required, there is no upper limit as such. In an LLP one partner is not responsible for the misconduct and negligence of the other partner. The partners are responsible for the compliances and all the provisions that are specified in the LLP agreement.