LLP Registration India LLP Registration In Bangalore | Limited liability Partnership India (+91-80-40909797)
At Aavana We suggest an easy way to Register a Limited Liability Partnership Firm We also Provide Online LLP Registration In Bangalore India.
---At Aavana We suggest easy way to Register a Limited Liability Partnership Firm. We also Provide Online LLP Registration In Bangalore India. Call us at +91-80-40909797 ---
limited liability partnership registration (LLP India)
Limited liability partnership or LLP is a combination of both partnership and corporation. It has the feature of both these forms. As the name suggests partners have limited liability in the company which means that personal assets of the partners are not used for paying off the debts of the company.
Many entrepreneurs are opting for this business structure. Everyone is liable for their own acts. There are a number of partners in the firm and hence they are not liable or responsible for others misconduct. All limited liability partnership is governed under the limited liability partnership act of 2008. However, in India LLP was introduced in April 2009.
An LLP is a separate legal entity distinct from its owners. It can enter into a contract and acquire property in its name. LLP form is not just prevailing in India. It is also seen in countries like the United Kingdom, Australia etc.
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