What Process for Limited Liability Partnership Registration in Chennai?
What Process for Limited Liability Partnership Registration in Chennai? "Call Our Business Plan Experts at +91-72999-72500" A registered LLP is a more secure business structure that offers a better legal protection for the partners. Moreover, the partners' liabilities are limited to their capital contributions and can be offset by other assets of the firm. The registration process is simple and requires minimal documents. Additionally, a registered LLP is easy to raise funds and enjoy tax benefits. To overcome the limitations of a partnership firm, it is suggested to convert it into a Limited Liability Partnership LLP. The LLP structure offers numerous benefits like unlimited partners, separate legal entities, etc. Hence, it is driving people to convert their existing partnership firms into LLPs. In order to convert a partnership firm into an LLP, the following documents must be submitted to the Registrar of Firms. Certified original copy of the ...