LLP Registration in Bangalore | LLP Registration Online
January 28, 2025 ⚊ 1 Min read ⚊ Views 31 ⚊ BLOG
Because of its flexibility, limited liability companies (LLPs) are becoming the most favoured legal entity among professionals and service providers. It offers a mix of limited company and partnership business structures. For business owners, LLP Registration in Bangalore combines limited liability protection with partnership advantages in a number of ways.
In a Limited Liability Partnership (LLP), two or more partners form a partnership that gives the benefits of limited liability of a company and the flexibility (in terms of management & ownership) of a partnership. There should be a minimum of 2 designated partners for an LLP formation and they should obtain the Director Identification Number and Digital Signature for registration of the LLP. It is registered as per the compliance and regulatory guidelines of the Ministry of Corporate Affairs (MCA).
