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LLP Company Registration in Bangalore

Limited Liability Partnership(LLP) incorporates the advantages of both partnership firm and company into a single form of organisation among entrepreneurs. LLP company registration was brought in India in 2008, and it possesses the characteristics of both partnership firm and company. <br>

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LLP Company Registration in Bangalore

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  1. Everything You Need to Know About LLP Registration

  2. Limited Liability Partnership(LLP) incorporates the advantages of both partnership firm and company into a single form of organisation among entrepreneurs. LLP company registration was brought in India in 2008, and it possesses the characteristics of both partnership firm and company.

  3. Features of LLP It has a distinct legal entity, just like businesses. The liability of each partner is restricted to the contribution made by the partner. The price of initiating an LLP is low. Less compliance and regulations. No requirement for minimum capital donation.

  4. Advantages Of LLP Registration Separate legal entity: An LLP has a distinct legal entity, just like businesses. The LLP is different from its partners. Limited liability of the partners: The best thing is that partners of the LLP have restricted liability. Also, the liability of the partners is limited to the contributions made by them. Thus, they are liable to pay only part of their contributions and are not personally responsible for any loss in the business. Low cost and less compliance: Forming an LLP is less than incorporating a public or private limited company. The compliance to be followed by the LLP is also less. No need for minimum capital contribution: The LLP can be formed without minimum funds. There is no necessity of having a minimum paid-up capital before incorporation. It can be created with any amount of money contributed by the partners.

  5. Find Us Bangalore Consulting Company, Cowrks RMZ Galleria, Ambedkar Colony Yelahanka, Bengaluru, Karnataka 560064 Talk to an expert - 0 98807 08545 visit - https://bangaloreconsultingco.com/

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