Limited Liability Partnership (LLP) is the most popular and thriving business organization in the world in these days. It's a mutual agreement between partners in order to carry a certain type of business for profits. To conduct a Limited Liability partnership, LLP registration is mandatory as per the rules and regulations in order to avoid any future troubles. In a LLP, one partner is not liable for other partner's wrongdoing or any other responsibilities unlike unlimited partnership. In India, Limited Liability Partnership Act, 2008 defines and manages the registration process of all limited liability partnerships in the country. The formation of a limited liability partnership is really easy and simple as compared to other partnership firms and companies. As LLP is a legal entity, it needs to follow the all rules and regulations laid down by the partnership act of the country. Limited liability partnership is thriving in India and across the world due to its easy and simple business plans and limited liabilities of its partners.