Is it possible to register many business under one LLP?

Is it possible to register many business under one LLP?

Yes, it is possible to register many businesses under one Limited Liability Partnership.

Any company is generally operated by the memorandum and articles of association (MoA and AoA) of the company and similarly an LLP is operated through an agreement called LLP Agreement. If your LLP Agreement contains the specific clause of undergoing more than one businesses under the LLP then you can register multiple businesses under the LLP.

LLP is different from a conventional partnership firm. LLPs operate in a way quite similar to a conventional partnership, but in an LLP each member is protected from personal liability, except to the extent of their capital contribution in the LLP. Further, no partner would be liable on account of the independent or unauthorized actions of other partners, thus allowing individual partners to be shielded from joint liability created by another partner's wrongful business decisions or misconduct.


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