Low registration charge and straightforward upkeep make LLP a very first choice for quite a few of the small organizations in India.Secondly there really should be at-least two partners though applying for LLP registration in India whereas for maximum partners there is no limit in LLP. Consequently, all partners in a LLP appreciate a form of restricted liability protection for each individual's protection inside the partnership, similar to that of the shareholders of a private restricted corporation.As soon as all the documents are signed by the partners the subsequent step is to file the LLP

There is considerable difference between LLPs as constituted in the U.S. and those introduced in the UK below the Limited Liability Partnerships Act 2000 and adopted elsewhere. Every single LLP shall be required to have at least TWO DESIGNATED PARTNERS. 1. Statement of accounts of the www.companyvakil.com business, ready not later than 6 days preceding the date of application duly certified by auditor, if applicable. Minimum of two Partners out of which at least a single must be resident Indian are essential to initiate the LLP registration. We can assistance your business enterprise obtian