Limited Liability Partnership

A Limited Liability Partnership (LLP) is a legal business structure that combines certain features of both partnerships and corporations. An LLP provides the partners with limited liability protection similar to that of a corporation while allowing them to maintain the flexibility and operational aspects of a partnership. It is a popular choice for professional services firms and businesses where the partners want to limit their personal liability while actively participating in the management of the business.

Key characteristics of a Limited Liability Partnership include:

1. Limited Liability
2. Flexibility in Management
3. Separate Legal Entity
4. Partnership Structure

Here, you can avail services related to

• Incorporation of LLP
• Compliance under LLP Act 2008
• Admission and retirement of partners