LLP Registration

Benefits of LLP Company

· It has a separate legal entity like companies

· The liability of each partner is limited to the contribution made by them.

· The cost of forming and running LLP is low compared to companies.

· Less compliance and regulations

· No requirement of minimum capital contribution

· Compulsory Audit is required only when the Contribution exceeds 25 lakhs or the Annual Turnover exceeds 40 Lakhs.