A Limited Liability Partnership (LLP) is a hybrid structure that combines the benefits of a partnership and a private limited company. It offers limited liability to partners and minimal compliance requirements.
Key Benefits:
✔️ Limited liability for partners
✔️ No minimum capital requirement
✔️ Lower compliance compared to Pvt. Ltd.
✔️ Suitable for professional services & consulting firms
Who Should Register?
- Professional firms (CA, CS, consultants)
- Businesses looking for flexibility with liability protection
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