Who are the likely users/beneficiaries of the LLP Law?
The LLP framework could be used for many enterprises, such as:-
- Persons providing services of any kind
- Enterprises in new knowledge and technology based fields where the corporate form is not suited.
- For professionals such as Chartered Accountants (CAs), Cost and Works Accountants (CWAs), Company Secretaries (CSs) and Advocates, etc.
- Venture capital funds where risk capital combines with knowledge and expertise
- Professionals and enterprises engaged in any scientific, technical or artistic discipline, for any activity relating to research production, design and provision of services.
- Small Sector Enterprises (including Micro, Small and Medium Enterprises)
- Producer Companies in Handloom, Handicrafts sector






