Limited Liability Partnerships
Limited Liability Partnerships (LLPs) are an alternative form of incorporation. LLPs will be of use to professional clients for structuring their own practice with limited liability, and may also be suitable for other business clients. They can be used for any type of business, provided there are at least two members.
What is an LLP?
LLPs give the proprietors the benefits of limited liability whilst allowing the business to take advantage of the internal structure and taxation regime of a traditional partnership.
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