Namaste compliance LLP registration

Limited Liability Partnership is a modern approach to doing business through Partnership Firm. LLP is a recently updated concept that provides two partners to start their business in the form of LLP and become the designated partner for the LLP. LLP is a more structured form of business that inculcates many benefits of Private Limited Company and Partnership Firm.

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Namaste compliance LLP registration

Limited Liability Partnership is a modern approach to doing business through Partnership Firm. LLP is a recently updated concept that provides two partners to start their business in the form of LLP and become the designated partner for the LLP. LLP is a more structured form of business that inculcates many benefits of Private Limited Company and Partnership Firm.

Limited Liability partnership offers the benefit of limited liability to its owners and at the same time needs minimal maintenance. An LLP also gives limited liability protection for the owners from the debts of the LLP. Accordingly, all partners in an LLP enjoy a kind of limited liability protection for every individual’s protection within the partnership, related to that of the shareholders of a private limited company.

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