LLPs law firms: LLPs law firms: Yes, LLP (Limited Liability Partnerships) are most common structure among law firms. In many ways LLP provide a suitable legal structure for professional service. It includes firms such as law firms, accounting firms, and architectural firms. LLPs allow individual partners within the law firm to have limited… Read More »
Registration of Business Registration of Business, The decision to register your business as a Limited Liability Company (LLC) or a sole proprietorship depends on various factors, including your specific business needs, legal considerations, and personal preferences. Here are some points to consider: Liability Protection: One of the main advantages of forming an LLC is that it… Read More »
Firm vs Company Firm vs Company: An LLP (Limited Liability Partnership) is a type of business entity that that blends the adaptable qualities of a partnership with the limited liability protection of a company. An LLP does not regard as a firm or a company from a legal standpoint. It is a separate legal entity… Read More »
Difference between limited and private limited The difference between limited and private limited can be explained in so many ways. The term “limited” and “PVT limited” both refer to different types of business structures. A limited company is a type of business structure where the owners have limited liability, which means that their personal assets… Read More »