Business Description
A Limited Liability Partnership (LLP) is a partnership firm in which the partners have limited liabilities, which is one of the major characteristics and benefits of an LLP. It inhibits the features of a partnership form and a corporation. The most crucial aspect in the establishment of this firm is LLP Registration (Limited Liability Partnership Firm) which is undertaken by individuals, who are partners, and acquire LLP License to start the Company in a legal manner.
