Tag Archives: #LLPFinances

Can LLP give loan to partners?

.   LLP give loan to Partners LLP give loan to Partners: Yes, an LLP (Limited Liability Partnership) can provide a loan to its partners. It is a subject to the terms and conditions set forth in the partnership agreement and compliance with applicable laws and regulations. However, Lending money to partners should have done… Read More »

LLP and LLC Difference?

LLP and LLC Difference   Here are the key distinctions: 1. Structure: An LLP is a partnership where the partners have limited liability, similar to an LLC. However, an LLP also retains some characteristics of a traditional partnership, such as flexibility in management and the ability for partners to actively participate in the business’s operations.… Read More »

How LLP works ?

How LLP works                                                                                                   An Limited Liability Partnership… Read More »