Tag Archives: #LLPExplained

Firm vs Company: Is LLP a firm or a company?

Firm vs Company

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 »

What is an Limited Liability Partnership?

Limited Liability Partnership

 An Limited Liability Partnership An LLP is a legal business structure that combines the features of a partnership and a corporation. It provides limited liability protection to its partners while allowing them to actively participate in the management of the business. An LLP is a separate legal entity, distinct from its partners, and it offers… Read More »