This article may help you if you are planning to start a business in India and wants to know how LLP can benefit you than the other forms of business entities.
The main advantages of LLPs are:
1. Easy to manage and less complexity when compared to other business forms.
2. Small and medium organizations can register LLP as that would serve their need rather than going for proprietorship and partnership as there is no complex formalities like these for LLPs.
3. Less tax when compared to companies.
4. No restrictions as to maximum number of partners
5. Simple process of Registration
Read more about LLP Registration in India .
The main advantages of LLPs are:
1. Easy to manage and less complexity when compared to other business forms.
2. Small and medium organizations can register LLP as that would serve their need rather than going for proprietorship and partnership as there is no complex formalities like these for LLPs.
3. Less tax when compared to companies.
4. No restrictions as to maximum number of partners
5. Simple process of Registration
Read more about LLP Registration in India .
