Tag Archives: #LLPBusinessStrategy

Is LLP a partnership firm?

LLP  is partnership firm

LLP is partnership firm         A Limited Liability Partnership represents a distinct type of partnership entity. It combines features of both partnerships and companies, providing the advantages of limited liability to its partners. In a traditional partnership firm, the partners have unlimited personal liability for the debts and obligations of the firm.… Read More »

Can LLP raise funds?

Limited Liability Partnership

Can LLP raise funds   Can LLP raise funds: Certainly, a Limited Liability Partnership (LLP) possesses the ability to raise funds through diverse avenues, provided it adheres to the applicable laws and regulations in its operating jurisdiction.  Sources of Funds for LLPs: While LLPs cannot raise funds from the public in the same manner as… Read More »