Tag Archives: #LLPRequirement

When LLP is required ?

LLP is required

When LLP is required     A Limited Liability Partnership (LLP) may be required in various situations depending on the jurisdiction and specific regulations.  Here are some common scenarios where an LLP may be required: 1.Professional Services: In many jurisdictions, certain professional services such as legal, accounting, architectural, and consulting services are required to be… Read More »

Is an LLP Agreement mandatory for all LLP’s?

LLP Agreement

LLP Agreement Is an LLP Agreement mandatory for all LLP’s: Yes, an LLP (Limited Liability Partnership) Agreement is mandatory for all LLPs in most of the countries. The LLP Agreement is a legal document that sets out the rights and obligations of the partners, the profit-sharing ratio, the management structure, and other important details related to… Read More »