
Limited Liability Partnership Registration
LLP is a business structure that came into being by the passing of the LLP Act, 2008 and the notification of the LLP Rules, 2009. It is a relatively new business structure in India and a popular concept in foreign nations such as the UK and Australia
One of the key reasons many small businesses is choosing is, LLP Company incorporates the characteristics of both Partnership firm and Company into a single form of organization and hence carries the benefits of both. Simply a limited liability partnership is a hybrid between partnerships and corporations and is an upcoming area that investors are making use of. Limited Liability Partnership Companies are a body corporate and a separate legal entity from its partners and shareholders.
What is Limited Liability Partnership
Limited Liability Partnership Companies are a body corporate and a separate legal entity from its partners and shareholders. Among the partners, there should be a minimum of two designated partners, and at least one of them should be resident in India. The rights and duties of designated partners are governed by the LLP agreement. They are directly responsible for the compliance of all the provisions of the LLP Act, 2008 and provisions specified in the LLP agreement
Features of Limited Liability Partnership (LLP):
We have a dedicated team working only for Registration Process. kindly write to info@rlsassociates.in