Understanding Limited Liability Partnership (LLP)

Within India, the **Limited Liability Partnership (LLP)** holds an established status as a corporate business structure, governed by the **Limited Liability Partnership Act, 2008**. It exhibits elements of both partnerships and corporations.

Operating as a **separate legal entity**, an LLP confines liability to its assets, affording partners **limited liability**. This protective umbrella, initially for corporations, was extended to partnerships through the LLP framework.

Key Benefits of LLP

• **Limited Liability:** Partners are **not responsible or liable** for another partner’s misconduct or negligence.
• **Low Compliance:** Offers reduced compliance expenses compared to a Private Limited Company.
• **Perpetual Succession:** Can sustain its operations even if a partner resigns.
• **Minimum Partners:** Requires a minimum of **two** partners, with flexible count thereafter.
• **Internal Organization:** Partners can organize their internal setup similarly to a conventional partnership.

LLP Registration with Sujata Associates

As a distinguished business advisory firm, our proficiency lies in providing **reliable and cost-effective solutions** for LLP registration. Our ultimate aim is to furnish comprehensive and dependable resolutions to cater to diverse business registration needs, while keeping cost-efficiency integral from commencement to conclusion.

Bolstered by a proficient team, we are dedicated to extending comprehensive support and guidance throughout the registration journey. The process is typically finalized within approximately **15-20 business days** (accounting for client document submission and governmental processing). We ensure the efficient execution of all requisite steps to expedite the registration process.

Even during global upheavals like the coronavirus pandemic, we ensure your LLP company registration via the online process without any hassle.