LLP is introduced to provide a form of business entity to partnership which is easy to maintain and provides limited liability to the owners. It encourages partnerships to extract the benefits of a company while staying as a partnership firm. Limited Liability Partnership (LLP) was introduced among Indian corporates by way of Limited Liability Partnership Act, 2008. Since its inception more than 5 lakh LLP registration has been done till Sep’2018. It is one of the easiest form of business to incorporate and manage.

Having less compliance and easy incorporation process LLP is preferred by professionals, micro and small business, family owned business. The main advantage of LLP over traditional partnership firm is that in LLP, every partner is responsible for his own misconduct or negligence. LLP also provide limited liability protection for the owners from the debts of the LLP. Unlike private company members, the partners of LLP can directly manage the business.

Compex is the smooth gateway for services relating to LLP registration in India. The average time taken to complete LLP registration is about 14 – 16 working days, subject to government processing time and client document submission. So don’t think and get a free consultation for LLP registration and business start-up by scheduling an appointment with a Compex Advisor. Compex can help you incorporate all forms of Company that can be registered with Ministry of Corporate Affairs (MCA).