Legal Guide for Startups – PART 2

Legal Guide for Startups – PART 2

Legal Guide for Startups – PART 2

LLP is a beneficial business introduced in the year 2008 by the Limited Liability Partnership Act, 2008. It provides limited liability to its partners and allows its members the flexibility of organizing their internal structure as a partnership based on an agreement. At the same time, LLP has a separate legal identity like a corporation consisting of partners and designated partners.

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