In India, the Limited Liability Partnership (LLP) structure gained popularity following the enactment of the Limited Liability Partnership Act in 2008. This form of partnership has become a preferred choice for many start-ups and small businesses due to its unique advantages, combining elements of both partnerships and companies.
One of the key benefits of an LLP is that individual partners are not liable for the actions or negligence of other partners. This feature makes LLPs particularly attractive to professionals, micro-enterprises, and small businesses. LLPs provide the advantage of limited liability protection for the owners while requiring minimal maintenance.
We offer specialized services to ensure that your LLP meets all legal requirements and complies with regulations. Our expertise will help you manage all annual compliance needs efficiently and effectively.