At least 2 partners are required. There is no limit on the number of partners that an LLP may have. At least one manager...
Is Limited Liability Partnership (LLP) a Firm?
No. Like a company, an LLP is a body corporate and therefore a separate legal entity and an LLP member’s liability...
Is LLP (Limited Liability Partnership) a body corporate?
Yes. Like a company, an LLP is a body corporate and therefore a separate legal entity and an LLP member’s liabilit...
Definition of LLP (Limited Liability Partnership)? Meaning of LLP (Limited Liability Partnership)?
Limited Liability Partnership (LLP): A Limited Liability Partnership (LLP) is a business organisation comprising two or ...
LLP is suitable for? Limited Liability Partnership is suitable for?
LLP is suitable to carry professional services such as Law Firm, Audit Firm, etc
Purpose of Limited Liability Partnership (LLP)?
It’s a hybrid form of business vehicle consisting both company and typical partnership. It’s widely set up to provide pr...