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A Limited Liability Partnership Registration in India allows you to start a business with the benefits of both a partnership and a private limited company. Partners benefit from limited liability protection, which protects their private wealth from company debts. LLPs have no maximum limit and require a minimum of two partners. Obtaining a Director Identification Number (DIN), Digital Signature Certificate (DSC), name approval, and submitting registration documents to the Ministry of Corporate Affairs (MCA) are all part of the registration process. LLPsare perfect for small and medium businesses since they are simple to manage and require less regulations.
