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Limited liability partnership (LLB) Meaning :- Features :- Abhiyas kara abhiyas
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![knowledge - Stoc/ and Joint (LLP): LIMITED LIABILTTY PARTNERSHIP partnership ofboth D) the combination of features personal asscts 0[ that Limited Liability Partnership has a means LIT] which Compan As the name suggests partners have limited liability the partners are not attached for paying off the debts of LLP limited liability partnerships are form of business. All popular Now a days it has become very governed by the Limited Liability Partnership Act 0f 2008. entity i.e a body corporate The Featureoa legal The Limited liability partnership is a separate other each LLP and the partners are distinct from Number of partners- Minimum tWO 2) Maximum- unlimited requirements of minimum capital contribution] 3) No It is simple to form and easy to operate 4) agreement is limited to his share as written in the The liability of cach partner 5) It has a low cost of formation 6) as stated in the and lcaving the LLP except joining no restriction on There 15 7) partnership agreement taxation is avoided. There is no tax on share in profit Double 8) Stoc/ and Joint (LLP): LIMITED LIABILTTY PARTNERSHIP partnership ofboth D) the combination of features personal asscts 0[ that Limited Liability Partnership has a means LIT] which Compan As the name suggests partners have limited liability the partners are not attached for paying off the debts of LLP limited liability partnerships are form of business. All popular Now a days it has become very governed by the Limited Liability Partnership Act 0f 2008. entity i.e a body corporate The Featureoa legal The Limited liability partnership is a separate other each LLP and the partners are distinct from Number of partners- Minimum tWO 2) Maximum- unlimited requirements of minimum capital contribution] 3) No It is simple to form and easy to operate 4) agreement is limited to his share as written in the The liability of cach partner 5) It has a low cost of formation 6) as stated in the and lcaving the LLP except joining no restriction on There 15 7) partnership agreement taxation is avoided. There is no tax on share in profit Double 8) - ShareChat](https://cdn4.sharechat.com/bd5223f_s1w/compressed_gm_40_img_222201_358948e2_1757431220796_sc.jpg?tenant=sc&referrer=pwa-sharechat-service&f=796_sc.jpg "knowledge - Stoc/ and Joint (LLP): LIMITED LIABILTTY PARTNERSHIP partnership ofboth D) the combination of features personal asscts 0[ that Limited Liability Partnership has a means LIT] which Compan As the name suggests partners have limited liability the partners are not attached for paying off the debts of LLP limited liability partnerships are form of business. All popular Now a days it has become very governed by the Limited Liability Partnership Act 0f 2008. entity i.e a body corporate The Featureoa legal The Limited liability partnership is a separate other each LLP and the partners are distinct from Number of partners- Minimum tWO 2) Maximum- unlimited requirements of minimum capital contribution] 3) No It is simple to form and easy to operate 4) agreement is limited to his share as written in the The liability of cach partner 5) It has a low cost of formation 6) as stated in the and lcaving the LLP except joining no restriction on There 15 7) partnership agreement taxation is avoided. There is no tax on share in profit Double 8) Stoc/ and Joint (LLP): LIMITED LIABILTTY PARTNERSHIP partnership ofboth D) the combination of features personal asscts 0[ that Limited Liability Partnership has a means LIT] which Compan As the name suggests partners have limited liability the partners are not attached for paying off the debts of LLP limited liability partnerships are form of business. All popular Now a days it has become very governed by the Limited Liability Partnership Act 0f 2008. entity i.e a body corporate The Featureoa legal The Limited liability partnership is a separate other each LLP and the partners are distinct from Number of partners- Minimum tWO 2) Maximum- unlimited requirements of minimum capital contribution] 3) No It is simple to form and easy to operate 4) agreement is limited to his share as written in the The liability of cach partner 5) It has a low cost of formation 6) as stated in the and lcaving the LLP except joining no restriction on There 15 7) partnership agreement taxation is avoided. There is no tax on share in profit Double 8) - ShareChat")