Setting up a Limited Liability Partnership (LLP) firm can be a smart choice for entrepreneurs seeking flexibility and limited liability for their business. With Filingpool, your LLP firm registration process becomes seamless and hassle-free. Here’s a detailed guide to help you understand the procedure and benefits of registering an LLP.
WHAT IS AN LLP?
An LLP, or Limited Liability Partnership, is a hybrid business structure combining the features of a partnership and a corporation. It offers the following benefits:
• Limited liability for partners.
• Flexibility in business operations.
• Separate legal entity status.
• Easy compliance requirements.