Incorporation of LLP

  • Home
  • Incorporation of LLP


Limited Liability Partnership (LLP) has become a preferable form of organization among entrepreneurs as it incorporates the benefits of both partnership firm and company into a single form of organization. It is an alternative corporate business form which offers the benefits of a limited liability to the partners at low compliance costs. It is also registered on MCA.


  • It has a separate legal entity just like companies
  • The liability of each partner is limited to the contribution made by partner
  • The cost of forming an LLP is low
  • Less compliance and regulations
  • No requirement of minimum capital contribution