Limited Liability Partnership (LLP) registration in Pakistan offers a flexible business structure combining the benefits of both partnerships and limited liability companies. To register an LLP, the partners must submit the required documents to the Securities and Exchange Commission of Pakistan (SECP), including the LLP agreement, which outlines the rights and responsibilities of each partner. The process involves selecting a unique name, preparing the LLP's constitution, and providing identification details of the partners. Once registered, partners enjoy limited liability, meaning their personal assets are protected from the business's debts and liabilities. The LLP structure is popular among professionals like lawyers, accountants, and consultants in Pakistan, offering ease of management with fewer regulatory requirements compared to a private limited company. https://waystax.com/limited-liability-partnership-registration/
top of page
TheedestinyC Group
Public·13 members
bottom of page