If two or more people want to get engaged in the same business, then there are three options, namely Private Limited Company, Partnership, and LLP. Let us have a brief discussion on LLP.

What is LLP?

LLP is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities.

Features of LLP:

Advantages to choose LLP:

Documents required for LLP registration in India:

• PAN Card or Passport for Foreigners.

• Drivers license or Aadhar card, residence card or election identity card or any other identity proof issued by the Government.

• Less than 3 months old bank statement or telephone bill.

• The authorization from the Landlord.

• Any Proof of evidence utility service like electricity, telephone, gas, etc. Delimitate the address of the foretaste in the name of the owner or document, it is very important to remember which is not older than two months.

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