Tag Archives: #LLPLegalAdvisory

When LLP is applicable ?

When LLP applicable   When LLP applicable: Limited Liability Partnerships (LLPs) are applicable and suitable for various situations. Here are some common scenarios where an LLP may be applicable:  Professional Services: LLPs are commonly used by professionals such as lawyers, accountants, architects, consultants, and similar service-oriented businesses. It allows these professionals to operate as a… Read More »

Can LLP open saving account?

        User Intent Users searching for “Can LLP open a savings account?” want to know whether a Limited Liability Partnership (LLP) is eligible to open a savings account. They may also seek information on eligibility, benefits, limitations, and alternative options. This guide provides a step-by-step analysis to clarify doubts and assist LLP… Read More »

How LLP is better than partnership ?

How LLP is better than partnership   Limited Liability Partnerships (LLPs) provide numerous advantages over traditional partnerships, making them a preferred choice for many businesses. Here are some reasons which explain why an LLP is better than partnership:  1. Limited Liability: One of the significant advantages of an LLP is that it provides limited liability… Read More »