COMPLETE FILINGS

A Limited Liability Partnership firm is a business model which offers partnership with limited liability. A LLP company is suitable for small family owned businesses as it requires easy registration formalities and legal compliances. A partner is not liable for misconduct of any other partner and partners have right to manage firm directly.
Only disadvantage of a LLP is that it can’t issue shares in public or raise funds through venture capitalists. But it is preferred by small partnership businesses due t