Get your Limited Liability Partnership Company registered.
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Since, LLP is a hybrid of a company and a partnership it has combination of benefits of both a company and a partnership listed below :
Separate Legal Entity
Low cost of setup
Internal governance by contractual agreement
The management-ownership divide is not there in a limited liability partnership
More flexibility as compared to a company
Lesser compliance requirements as compared to a company
Dis-joint liability – partners to be shielded from joint liability created by another partner’s wrongful acts or misconduct.
There is no maximum limit for the number of shareholders in the Limited Liability Partnership.