LLP (Limited Liability Partnership) registration is a legal structure that combines the flexibility of a partnership with the limited liability protection of a corporation. It offers partners protection from personal liability for business debts and obligations, shielding personal assets from business liabilities. LLP registration involves filing the necessary documents with the Registrar of Companies (RoC) and obtaining a Certificate of Incorporation.The benefits of LLP registration include limited liability for partners, separate legal entity status, ease of formation and dissolution, and minimal compliance requirements compared to corporations. LLPs are suitable for professional services, small and medium enterprises (SMEs), and startups looking to establish a formal business structure while mitigating personal financial risk.For example, CA Hemant Garg specializes in LLP registration services in Rohini, offering expert advice, streamlined registration processes, and compliance support to ensure businesses establish a robust legal framework while maximizing operational flexibility and protection.
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