What is LLP Registration?
LLP refers to a Limited liability partnership and is governed by the Limited Liability Partnership Act 2008. Limited Liability partnership provides the advantage of limited liability to its owners and at the same time requires minimal maintenance. The directors of a private limited company have limited liability to creditors. In case of default, banks/creditors can only sell the company’s assets and not the personal assets of directors.
LLP Registration can be done through fileforindia.
Choose LLP because
• Dual advantages- Company and a Partnership
• No partner will be responsible for other partner’s misconduct
• Cheaper to incorporate than a private limited company
• Limits the liabilities of its partners