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A major benefit of an LLP company registration is the protection provided to its members against their liability in the event of any unlawful activities committed by the LLP as a corporate body.
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Benefits of LLP Company Registration Benefits of LLP Company Registration Benefits of LLP Company Registration What is Mean LLP COMPANY? COMPANY? Limited Liability Partnership (LLP) is a legal structure and a separate entity of the business in India where two or more partners come together to do business and all the partners are jointly liable for the liabilities of the company. A LLP is normally set up by two or more partners and shares equally with unlimited liability in an LLP and their decision to enter into an LLP agreement can be made only by consensus of all the partners, w only by consensus of all the partners, who are also known as LLP members. ho are also known as LLP members. Limited Liability Partnership (LLP) is a legal structure and a separate entity of the business in India where two or more partners come together to do business and jointly liable for the liabilities of the company. A LLP is normally set up by two or more partners and shares equally with unlimited liability in an LLP and their decision to enter into an LLP agreement can be made liability in an LLP and their decision to enter into an LLP agreement can be made Limited Liability Partnership (LLP) is a legal structure and a separate entity of the business in India where two or more partners come together to do business and jointly liable for the liabilities of the company. A LLP is normally set up by two or more partners and shares equally with unlimited The Limited Liability Partnership is a new company which allows the members of the company to have limited liability. They are not held responsible for debt incurred by the company if they do not undertake any personal lia be very useful in areas such as: be very useful in areas such as: The Limited Liability Partnership is a new company which allows the members of the company to have limited liability. They are not held responsible for debt incurred by the company if they do not undertake any personal lia incurred by the company if they do not undertake any personal liability. This can The Limited Liability Partnership is a new company which allows the members of the company to have limited liability. They are not held responsible for debt LLP is a form of Joint stock partner. It is registered under HUF .The name of LLP can have any form of suffix i. e. Limited, Private limited, Professional with Registrar of companies, [ROC] .LLP have separate legal entity and are treated like individual for taxation purpose. like individual for taxation purpose. LLP is a form of Joint stock Company in which there are more than one individual is registered under HUF .The name of LLP can have any form of suffix i. e. Limited, Private limited, Professional Private Limited etc. and it is registered with Registrar of companies, [ROC] .LLP have separate legal entity and are treated with Registrar of companies, [ROC] .LLP have separate legal entity and are treated in which there are more than one individual is registered under HUF .The name of LLP can have any form of suffix i. Private Limited etc. and it is registered
Benefits of LLP Company Registration LLP stands for Limited Liability Partnership. This is a unique kind of association between two or more persons, with a legal personality, which is separate and distinct from its members. A major benefit of an LLP company registration is the protection provided to its members against their liability in the event of any unlawful activities committed by the LLP as a corporate body. The members can be held jointly responsible for the liabilities and obligations incurred by the company, but their personal assets remain safe and secure throughout this process. Want to Register your LLP Company To sum up, I would highly recommend to any of my friends in the area that they set up an LLP Company registration with ChoksiTax. Not only has setting up an LLP Company helped me and my business ventures, but it has been a lot easier to understand and deal with than I originally thought. Thanks to ChoksiTax for making it so easy; from their initial proposal and explanation of costs, through searching for a name and incorporating our company, it was all relatively quick and easy to do. This is largely helped by the well-written site and FAQs, which are brilliantly easy to navigate.
