Tag Archives: #LLPTaxFlexibility

LLP formation purpose: Why LLP is formed ?

LLP formation purpose   Limited Liability Partnerships (LLPs) are formed to combine the advantages of a partnership and limited liability protection for its partners. Here are some common reasons why businesses choose to form LLPs: 1.Limited Liability Protection: One of the primary reasons for forming an LLP is to provide limited liability protection to its… Read More »