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 »
LLP vs LLC Limited Liability Partnerships (LLPs) and Limited Liability Companies (LLCs) are both popular business structures. That offer limited liability protection to their owners. However, there are some key differences between the two entities, including: 1.Ownership and Management: LLP: In an LLP, partners have an active role in the management… Read More »
GST in India Co-working spaces have become popular in India, especially among freelancers, startups, and small businesses. They offer flexibility, cost-efficiency, and the opportunity to work in a dynamic, shared environment. However, as with any business arrangement, questions arise about legal liabilities, especially when it comes to taxes, such as the Goods and Services Tax… Read More »
