Tag Archives: #LLPRulesandRegulations

Who governs LLP?

LLP mean in business

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 can become a member of company?

LLP Legal Requirements

LLP can become a member of company No, it is not possible for a Limited Liability Partnership to become a member of a company. LLPs and companies are distinct legal entities with different structures and characteristics.  Let’s define how LLP can become a member of company. In a company, membership is typically held by individuals… Read More »