Published Article Details

What is limited liability partnership?

Posted by: Labdhi Mehta on May 14, 2018, 06.30 AM IST

1. LLP structure is available for use by any enterprise. 

2. It has a low formation cost and is easy to set up. 

3. LLP is a separate legal entity and distinct from the individual partners. 

4. Liability of each partner is limited to his share as mentioned in the agreement compared to regular partnership firms which have unlimited liability. 

5. There are few restrictions and compliance enforced on a LLP by the govt when compared to the restrictions enforced on a company. 

Online Courses

Financial Planning
Advance Level
INVESTING ASPECTS FOR NRIs

Meet the fast-growing demand of an economy that is drawing foreign investors, particularly NRIs. This cours

Financial Planning
Basic Level
FINANCIAL PLANNING PRIMER

People are discovering how financial planning can help their money grow and prepare for a more secure futur

Financial Planning
Advance Level
MEASURING INVESTMENT RETURNS

Learn how to measure investment performance through analysing Returns on Investment (ROI) through this onli

Financial Planning
Advance Level
INVESTMENT RISK

Understand the nature of investment risk with our course on measuring investment risk and how to manage it.

Financial Planning
Advance Level
PRINCIPLES OF PORTFOLIO CONSTRUCTION

Learn to construct portfolios and the techniques used to allocate assets across classes and manage risk.