LLP (Limited Liability Partnership) Registration is the process of legally establishing an LLP as a recognized business entity that combines features of partnerships and companies. It provides partners with limited liability, meaning their personal assets are protected from business debts and liabilities.

LLP, or Limited Liability Partnership, is a hybrid business structure that combines the benefits of a partnership and a company. It provides partners with limited liability protection, meaning their personal assets are protected from the liabilities of the business, while allowing flexibility in management and operations similar to a partnership.

An LLP is a legal entity formed by two or more partners who agree to conduct business together. Unlike a general partnership, where partners are personally liable for debts and obligations, an LLP provides limited liability to each partner, meaning their personal assets are protected from the company’s liabilities, except in cases of fraud or illegal activities.