Benefits of LLP Registration in Bangalore
Separate Legal Entity
A juristic person who is distinct from their partners - both can sue each other and be sued.
- Continuity of existence of the LLP
After the death of the partner, LLP continues to exist.
- Transferability of ownership
The LLP ownership can be easily transferred to another person.
- No need of compulsory Audit
For an LLP firm, Compulsory audit is not necessary.
- Corporate ownership
LLP has a corporate ownership
- Easy formation
LLP company can be easily formed and commenced.