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LLP is an alternative business form that gives the benefits of limited liability of a company and the flexibility of a general partnership. It is the preferred choice for business who want minimal compliances and are not looking to raise funds. Its main advantage over the general partnership is that, as the name indicates, it limits the liabilities of its partners upto their contributions to the business and also offers each partner protection from the negligence, misdeeds or incompetence of the partners.
This ambitious scheme was launched on 16th January, 2016 to boost up the Startup ecosystem in India...
Limited Liability Partnership Limited liability Partnership firm popularly known as LLP giving advantages of both company and partnership into sing...
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