LLP Registration Online In India | LLP Registration Consultant

Biat12307 Apr, 2023Business

A limited Liability Partnership is also referred to as LLP. A Limited Liability Partnership Registration in India was Done under the Limited Liability Partnership Act, 2008. It entails the benefits of both company and Partnership in one format of business. IN LLP Company Registration in India, one partner cannot be held liable for the mistake of another Partner. Therefore each Partner comes together to form Limited Liability for each individual?s protection within the partnership like with the Shareholders of a business. LLP Company Registration in India enjoys the status of a Separate Legal entity, therefore there remains a limited liability on partners. And in LLP Registration online there is no Tax Liability on the distribution of profits among the partners.