Tag Archives: #LLPRisks

LLP vs Partnership: LLP difference with partnership ?

LLP vs. Partnership

LLP vs Partnership   A Limited Liability Partnership and a partnership are both forms of business entities that involve two or more individuals or entities coming together to carry out a business venture. However, there are some key differences between an LLP and a partnership as follow: 1.Liability: In a partnership, the partners have unlimited… Read More »

LLP or sole proprietorship ?

LLP or sole proprietorship

LLP or sole proprietorship   LLP or sole proprietorship: The decision regarding whether to opt for an LLP (Limited Liability Partnership) or a sole proprietorship is contingent upon various factors and the specific requirements of your business. 1.Liability Protection: One of the key advantages of an LLP over a sole proprietorship is that it provides… Read More »