Limited Liability Partnership Registration in India

Articles On Limited Liability Partnership In India

In an LLP, only investment to start off a business enterprise is lost, individual assets of the Partners are protected. It is solely registered below LLP Act 2008 and also under the Ministry of Corporate Affairs. Restricted Liability Partnership is the simplest form of business that totally incorporates as properly as manages in India. Although these management rights are not afforded to Restricted Partners in an LP, an LLP permits partners to enjoy the liability protection and tax benefits of a Restricted Partnership. In case of a private limited organization,