Limited Liability Partnership
A Limited Liability partnership is a comparatively newer mode of setting up your business. It is a form of partnership having the benefits of a corporate. Not only the liabilities of the partners are limited, one partner is not responsible or liable for another partner's misconduct or negligence.
-Low cost of formation
-Easy to form
-Lesser Compliances
-Limited Liabilities
-Can be easily converted into a Corporate
-Legal entity with business continuity