A Limited Liability Partnership firm is a business model which offers partnership with limited liability. A LLP company is suitable for small family owned businesses as it requires easy registration formalities and legal compliances. A partner is not liable for misconduct of any other partner and partners have right to manage firm directly.
Only disadvantage of a LLP is that it can’t issue shares in public or raise funds through venture capitalists. But it is preferred by small partnership businesses due to advantages such as limited liability, separate legal existence and limited compliances.
Complete Filing helps those who want to do LLP registration In Delhi at very low Price and it is professionally managed website.
If you want a partnership business which gives limited liability and right to operate business directly, LLP is a best suit for you.
For more details you can contact us on +91 9971-919-955 or visit on our site http://completefilings.in/limited-liability-partnership.php