Tag Archives: #LLPOfficials

Who governs LLP?

Who governs LLP Introduction An LLP, or Limited Liability Partnership, is a widely preferred business structure that merges the advantages of both partnerships and corporations.  LLPs are commonly used by professionals and businesses seeking flexibility while limiting personal liability. However, every business entity operates within a legal framework, and LLPs are no exception. Governance is… Read More »

LLP with One Member

LLP with One Member   In many jurisdictions, including India, it is possible to form a Limited Liability Partnership (LLP) with one member. This means that you can establish an LLP where you are the sole member. However, it’s important to note that the regulations and requirements for single-member LLPs may vary depending on the… Read More »