Because of its flexibility, limited liability companies (LLPs) are becoming the most favoured legal entity among professionals and service providers. It offers a mix of limited company and partnership business structures. For business owners, LLP Registration in Bangalore combines limited liability protection with partnership advantages in a number of ways. In a Limited Liability Partnership (LLP), two or more partners form a partnership that gives the benefits of limited liability of a company and the flexibility (in terms of management & ownership) of a partnership. There should be a minimum of 2 designated partners for an LLP formation and they…
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