Tag Archives: #BusinessPartnershipRules

Can LLP be partner in another LLP?

Can LLP be partner in another LLP    Absolutely, a Limited Liability Partnership can indeed act as a partner within another Limited Liability Partnership. In the context of partnerships, including LLPs, the partners can be individuals, corporations, or other partnerships. When an LLP becomes a partner in another ones, it means that the first one’s… Read More »

LLP can become a member of company?

LLP can become a member of company No, it is not possible for a Limited Liability Partnership to become a member of a company. LLPs and companies are distinct legal entities with different structures and characteristics.  Let’s define how LLP can become a member of company. In a company, membership is typically held by individuals… Read More »