Limited Liability Partnership or LLP in short is a partnership in which the partners have limited liability which is limited to the amount of contribution they have agreed to. So, LLP is a corporate kind of partnership where the roles, responsibilities and liabilities of partners are fixed at the time of setting up. Further, In an LLP one partner is not responsible or liable for another partner’s misconduct or negligence. This is an important difference from that of a partnership where all the partners are jointly and severally liable for the liability of the partnership in Individual capacity. –
LLP Registration in India requires applying for the same with the Registrar of Companies, Ministry of Corporate Affairs. The process for LLP formation India is undertaken mostly online and all the forms filed for the process are signed through digital signature of the designated partners.
Various type of LLPregistration service provided by us is as follows:-
Given below are the prerequisites for forming a LLP in India. The things mentioned below should be arranged beforehand to avoid and delay during the process of LLP Formation in India.