LLP (Limited Liability Partnership) Registration

A Limited Liability Partnership (LLP) is a business structure that combines the operational flexibility of a partnership with the legal protection of limited liability. Each partner’s liability is limited to their agreed contribution, and the LLP exists as a separate legal entity.

An LLP can own property, enter into contracts, and sue or be sued in its own name.

Key Features:

• Requires a minimum of two partners, with at least one being a resident of India
• No minimum capital requirement
• Lower compliance obligations compared to a Private Limited Company
• Cannot issue shares or raise equity capital

Suitable For:

• Professional and consulting services
• Family-run or small businesses
• Entities that do not plan to raise external investment