LLPs are one of the comfortable forms of business to incorporate and manage in India, hence these are preferred by professionals and small-scale business personalities who run family business or closely held corporations. These are ideal for business plans that wish to raise equity financing at some point throughout their lifecycle. When compared to the registration of a PLC, the registration of an LLP is far easier. Organizations like firms, private companies and unlisted public companies can convert into LLP.
What are the benefits of forming a Limited Liability Partnership?
In India, it is becoming increasingly popular as a commercial entity and is a good method to start a scalable business. It can protect your personal assets as liabilities are limited (re check). In this business form, tax benefits are most efficient. Highly recommend for professionals and expanding businesses. We can help you register your company quickly and affordably.