LLP refers to limited legal responsibility partnership and is governed by using restricted legal responsibility Partnership Act 2008. restrained legal responsibility partnership affords a bonus of confined liability to its owners and at the same time calls for minimal maintenance. The administrators of a personal restricted corporation have restrained liability to creditors. In case of default, banks/lenders can best sell organisation’s assets and not personal property of administrators.

LLP Registration can be done through Efillingonline.com in all Indian cities.

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