LLP is a corporate business vehicle that enables professional expertise and entrepreneurial initiative to combine and operate in a flexible, innovative, and efficient manner, as a hybrid of companies & partnerships, providing benefits of limited liability while allowing its members the flexibility for organizing their internal structure as a partnership. Private limited company registration in India are the most popular business structures which can be incorporated by a minimum of two individuals. A limited liability partnership (LLP) is a formal partnership between at least two business partners. You can do your company registration online with us. The reason why LLP registration will be beneficial is that in LLP, Each business partner is provided with limited liability, which means they are not fully responsible for the business's debts or liabilities.
The minimum number of partners to incorporate a Pvt Ltd company registration is 2. There is no upper limit on the maximum number of partners of LLP. Among the partners, there should be a minimum of two designated partners who shall be individuals, and at least one of them should be residents in India. The rights and duties of designated partners are governed by the LLP agreement. They are directly responsible for the compliance of all the provisions of the LLP Act 2008 and provisions specified in the LLP agreement. We at Sarkari Suvidha offer the best private Ltd company registration.