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LIMITED LIABILITY PARTENRSHIP FIRM

Limited Liability Partnership (LLP) is governed by Limited Liability Partnership Act, 2008.

Nowadays it has become very popular form of business as there are many benefits while comparing with regard to company. Therefore, many entrepreneurs are opting this.

What do you mean by Limited Liability?

Limited liability means where personal assets of the partners are not used for paying off the debts (Loans) of the LLP.

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