LLP is surely a new way of doing business or profession. This seems to be a good option due to the fact also that the new amendments taking place in the companies act are very strict, too many procedures & legal complainces. Further LLP is a partnership with limited liability. Please share your views ?

Posted 3 years, 6 months ago by Mukesh Jain CA

LLP is surely a good way of doing business. But it has some disadvantages too. The major disadvantage is amendment of initial agreement every time a partner exists or resigns.

For Disadvantages and Advantages you can refer this post.

Posted 3 years, 6 months ago by CA Pulkit Sharma

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