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Limited Liability Partnership

LLP a form of business organization that offers added advantage than partnership firm. LLP is preferred by small and medium businesses that are usually run by a family or with the help of few people. The partners has to provide necessary documents to the Ministry of corporate affairs to obtain the certificate of incorporation.


Benefits of Limited Liability Partnership

  1. Limited Liability in Business
  2. No capital required
  3. No audit unless turnover crosses 40 Lakhs
  4. Easy transfer of ownership

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