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Limited Liability Partnership – Sarah Center Information Systems LLP

Limited Liability Partnership

Easily Register a LLP

Limited Liability Partnership (LLP) offer limited liability protection for an association of persons doing business. LLP is ideal for small businesses. Sarah Center Information Systems L.L.P offers LLP registration from Rs./-

Limited Liability Partnership (LLP) Registration

Limited Liability Partnership (LLP) was introduced in India by way of the Limited Liability Partnership Act, 2008. The basic premise behind the introduction of Limited Liability Partnership (LLP) is to provide a form of business entity that is simple to maintain while providing limited liability to the owners. Since, its introduction in 2010, LLPs have been well received with over 1 lakhs registrations so far until September, 2014. The main advantage of a Limited Liability Partnership over a traditional partnership firm is that in a LLP, one partner is not responsible or liable for another partner’s misconduct or negligence. A LLP also provides limited liability protection for the owners from the debts of the LLP. Therefore, all partners in a LLP enjoy a form of limited liability protection for each individual’s protection within the partnership, similar to that of the shareholders of a private limited company. However, unlike private limited company shareholder, the partners of a LLP have the right to manage the business directly. LLP is one of the easiest form of business to incorporate and manage in India. With an easy incorporation process and simple compliance formalities, LLP is preferred by Professionals, Micro and Small businesses that are family owned or closely-held. Since, LLPs are not capable of issuing equity shares, LLP should be used for any business that has plans for raising equity funds during its lifecycle. Sarah Center Information Systems L.L.Pis the market leader in LLP registration services in India. In addition to LLP registration, Sarah Center Information Systems L.L.Palso offers a variety of business registration services like private limited company registration, one person company registration, Sarah Center Information Systems L.L.PCompany Registration, Section 8 Company Registration, Producer Company Registration and Indian Subsidiary registration. The average time taken to complete a LLP registration is about 15 – 20 working days, subject to government processing time and client document submission. Get a free consultation on LLP registration and business setup in India by scheduling an appointment with an Sarah Center Information Systems L.L.PAdvisor.

Reasons to Register a Limited Liability Partnership

Separate Legal Entity

Uninterrupted Existence

Audit NOT Required

Easy Transferability

Owning Property

Sarah Center Information System LLP is Incredibly and fully responsive.
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