Tag Archives: #LegalContract

What LLPs agreement?

LLP agreement

LLPs Agreement   The LLP agreement typically includes the following key provisions:  1. Name and Address: The agreement begins with the name of the LLP and the registered office address. 2. Business Purpose: The agreement specifies the nature of the LLP’s business and the activities it will undertake. 3. Contributions: It outlines the capital contributions… Read More »

Business partnership without agreement?

Business partnership without agreement

Business Partnership without Agreement   While it is not recommended, it is possible to form a business partnership without a formal written agreement. However, operating without a partnership agreement can leave the partners vulnerable to potential disputes and legal complications. Here are some considerations regarding forming a business partnership without an agreement: 1. Lack of… Read More »