The key difference between LPs and Partnerships lies in the fact that LPs have ‘limited partners’ whereas Pa...
Definition of Partnership? Meaning of Partnership? What is Partnership?
Partnership: A Partnership (also known as General Partnership) is formed where two or more persons carry on a business i...
Definition of Sole Proprietorship? What is Sole Proprietorship?
Definition: A Sole Proprietorship may be described as a business that is carried on by a person (which includes individu...
Is CPF payable to Partners In an Liability Partnership (LLP)?
CPF is not required to be contributed for Partners. However the Partner is required to contribute the MediSave with CPFB...
Is CPF payable for self employed (Sole Proprietorship)?
CPF is not required to be contributed for Sole Proprietor (self-employed owner). However the self-employed owner is requ...
Is CPF payable to Partners in a Partnership Firm?
CPF is not required to be contributed for Partners. However the Partner is required to contribute the MediSave with CPFB...