limited liability partnership registration in India
limited liability partnership registration in India is a common business form that offers its partners limited liability protection together with the advantages of a partnership. The LLP Act of 2008 governs LLP registration, which is best suited for small- to medium-sized enterprises. At least two partners are needed, and one of them has to be an Indian citizen. The main benefits are tax efficiency, low compliance requirements, and ease of setup. The agreement protects participants private assets from company debts and guarantees expert management.