Introduction Limited Liability Partnerships (LLPs) offer a flexible and efficient business structure for professionals and entrepreneurs by combining the benefits of limited liability with partnership-style management. Governed by the Limited Liability Partnership...
LLP Articles
Introduction to LLPs and intellectual property ownership.
Introduction Limited Liability Partnerships (LLPs), introduced in India through the Limited Liability Partnership Act, 2008, are hybrid entities that combine the advantages of both partnerships and companies. An LLP is recognized as a separate legal entity distinct...
Establish eligibility of LLPs for government tenders.
Introduction Government tenders in India provide a substantial opportunity for business entities to supply goods and services to various public sector departments, undertakings, and agencies. Participation in such tenders requires the bidding entity to meet certain...
Briefly introduce LLPs’ scope in digital businesses.
Introduction The rise of digital businesses in India has transformed how services and products are delivered, creating new opportunities for entrepreneurship in areas like e-commerce, digital marketing, software services, app development, online education, fintech,...
Describe documentation requirements for bank loans in LLP.
Introduction Limited Liability Partnerships (LLPs) often require external funding to support working capital needs, expand operations, or invest in infrastructure and technology. One of the most accessible sources of such funding is a bank loan. However, banks conduct...
Define remuneration rules in LLP for partners.
Introduction Remuneration in a Limited Liability Partnership (LLP) refers to the compensation or reward paid to the partners for the services they render towards managing the business. Unlike traditional partnerships, LLPs are governed by the Limited Liability...
Explain LLP’s benefits for consulting businesses.
Introduction Consulting businesses require a flexible, efficient, and legally secure structure to support client service delivery, professional collaboration, and financial growth. The Limited Liability Partnership (LLP) model has emerged as a preferred legal...
Introduction to LLPs for educational institutions.
Introduction Limited Liability Partnerships (LLPs) offer a modern business structure combining the operational flexibility of a partnership with the legal advantages of a corporate entity. While traditionally favored by professionals and service-based enterprises,...
Detailed investor due diligence for LLPs.
Introduction Investor due diligence is a critical pre-investment process wherein potential investors thoroughly examine the financial, legal, operational, and regulatory aspects of a business entity before committing capital. In the context of a Limited Liability...
Establish RBI guidelines on LLPs receiving foreign investment.
Introduction Foreign investment in India is governed by the Foreign Exchange Management Act (FEMA), 1999, and regulated by the Reserve Bank of India (RBI). Limited Liability Partnerships (LLPs), introduced through the Limited Liability Partnership Act, 2008, have...











