Tag Archives: #LLPvsSoleTrader

LLP is a company or not?

LLP

LLP is a company or not  An LLP, which stands for Limited Liability Partnership, deviates from the conventional definition of a company. While an LLP shares some similarities with a company, it has distinct characteristics that differentiate it from a typical company structure. Here are some key points regarding the classification of an LLP: 1.… Read More »

LLP and Sole Proprietorship: Which is better LLP or Sole partnership ?

LLP

LLP and Sole Proprietorship     The transformative decision of selecting between a Limited Liability Partnership and a Sole Proprietorships influenced by an array of factors. It is ranging from your business goals to liability protection, and even management structure. Within this captivating landscape, careful consideration of these elements paves the way for an informed… Read More »