A Limited Liability Partnership or LLP is a new type of legal entity, which has recently been introduced in India in 2008, this entity has features of both a company and a partnership firm.
This new enactment provides an alternative to the traditional partnership firm structure which had unlimited personal liability of the partners. A LLP on the one hand, has the statute-based governance structure of the Partnership firm and the limited liability of a company on the other.
LLP Act, 2008 permits partnerships and companies to convert into LLPs.
We provide all the services pertaining to LLPs, including incorporation, drafting and vetting of LLP Agreements, compliance related to conversion of company or partnership firm into limited liability partnership firms or vice-versa and other routine compliances.