Limited Liability Partnerships
Limited Liability Partnership is an organization which possess the attributes of both Partnership firms and a Limited Company. The members share limited liability to a corporation. However, there is a provision for at least one member with limitless liability.
Limited Liability Partnerships
Limited Liability Partnerships (LLP)Consulting Services
Limited Liability Partnership is an organization which possess the attributes of both Partnership firms and a Limited Company. The members share limited liability to a corporation. However, there is a provision for at least one member with limitless liability. The designated LLP members share right to manage and maintain internal and external business affairs abiding by LLP agreements. In this organization every member share individual responsibilities and one is not responsible for the other person’s misconduct or negligence.