Tag Archives: #BusinessProtection

LLP partners liable for debts right or wrong?

Partnership Firm And Limited Liability Partnership

Are LLP Partners Liable for Debts: Right or Wrong   In the world of business, the structure of an organization significantly affects the liability of its members. One common structure is the Limited Liability Partnership (LLP). LLPs are popular among professionals such as lawyers, accountants, and architects due to the combination of flexibility and limited… Read More »

Q5.16 Importance of Company Registration: Why company registration is important ?

Importance of Company Registration

Importance of Company Registration Importance of Company Registration Website Link Importance of Company Registration:Company registration is important for several reasons: Legal Recognition: Registering a company gives it legal recognition as a separate legal entity from its owners (shareholders). It establishes the company as a distinct entity with its own rights, liabilities, and obligations. This separation… Read More »