Limited Liability Partnership (LLP) Registration is the process of legally forming a business structure where two or more partners manage and operate a business under the umbrella of limited liability protection. In an LLP, each partner’s liability is limited to the amount they have invested in the business, protecting personal assets from the business’s debts and liabilities. LLPs combine the advantages of both partnerships and limited liability companies, making them a popular choice for professionals and small to medium-sized businesses.