FAQs on Limited Liability Partnership in India

A limited liability partnership (“LLP”) is generally viewed as an alternative corporate business vehicle that offers limited liability benefits, but allows its members the flexibility of organising their internal structure as a partnership based on a mutually agreed upon arrangement. LLPs are one of the ways in which investors invest in India or start businesses here. Our primer covers frequently asked questions about limited liability partnership in india. How does a limited liability company work? LLPs are governed by what laws? LLPs are separate legal entities from their partners, and they operate as corporations. The succession of an LLP is […]