Is it possible to set up an LLP (Limited Liability Partnership) in India to trade in forex and derivatives? LLPs are similar to private companies and offer separate legal identity for their partners, so I’m curious about the feasibility.

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Law Forum › Category: Corporate › Is it possible to set up an LLP (Limited Liability Partnership) in India to trade in forex and derivatives? LLPs are similar to private companies and offer separate legal identity for their partners, so I’m curious about the feasibility.
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Apni Law Staff asked 8 months ago

Is it possible to set up an LLP (Limited Liability Partnership) in India to trade in forex and derivatives? LLPs are similar to private companies and offer separate legal identity for their partners, so I’m curious about the feasibility.

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Apni Law Staff answered 8 months ago

Yes, you can set up an LLP in India to trade in forex and derivatives. However, you must obtain the necessary licenses and approvals from the Reserve Bank of India (RBI) and other relevant authorities, as trading in these financial instruments is regulated.

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