LLP is one of the simplest kinds of businesses to incorporate and oversee in India. With a simple joining cycle and basic consistency conventions, LLPs are favored by Professionals, Micro, and Small organizations that are family-possessed or intently held. Since LLPs are not fit for giving value shares, LLP ought NOT to be picked for any business that has plans for raising value assets from Angel Investors, Venture Capitalist, or Private Equity Funds.