Tag Archives: #LLPstructurebenefits

LLP and LLC Difference?

LLP and LLC Difference   Here are the key distinctions: 1. Structure: An LLP is a partnership where the partners have limited liability, similar to an LLC. However, an LLP also retains some characteristics of a traditional partnership, such as flexibility in management and the ability for partners to actively participate in the business’s operations.… Read More »

How LLP works ?

How LLP works                                                                                                   An Limited Liability Partnership… Read More »

Can HUF become partner in LLP?

Can HUF become partner in LLP   A Hindu Undivided Family (HUF) is a common structure in India, primarily used for managing family assets and taking advantage of certain tax benefits. On the other hand, a Limited Liability Partnership (LLP) is a business structure that combines the benefits of a partnership with limited liability. One… Read More »