Tag Archives: #LegalBusinessAdvice

Is LLP for lawyers?

Why change from LLP to ltd

LLP for lawyers   LLP for lawyers: A Limited Liability Partnership (LLP) is an ideal legal structure for lawyers seeking to join forces and run their legal practice collectively while maintaining individual liability protection. Here are some key considerations when using an LLP for lawyers: 1. Limited liability protection: Limited liability protection is a key… Read More »

HUF can be partner in LLP.

HUF buy Property

HUF can be partner in LLP No, it is not possible for a Hindu Undivided Family (HUF) to act as a partner in a Limited Liability Partnership (LLP).  An LLP is a business structure that combines the features of a partnership and a company, providing limited liability protection to its partners. However, The partners in… Read More »