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LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership.
Under “traditional partnership firm”, every partner is liable, jointly with all the other partners and also severally for all acts of the firm done while he is a partner.
Obtain 2 Digital Signature, Obtain 2 DIN
DSC : Rs 2000 For 2 Partners ( Rs 1000 Per Partner)
The LLP can continue its existence irrespective of changes in partners. It is capable of entering into contracts and holding property in its own name.
The management-ownership divide inherent in a company is not there in a limited liability partnership.
Documents of Partners: