Tag Archives: #LLPvsStartup

Are LLP and LLC the same?

LLP and LLC

  Are LLP and LLC the Same When starting a business, choosing the right legal structure is crucial for protecting personal assets, managing taxes, and ensuring operational flexibility. Two popular options are Limited Liability Partnerships (LLP) and Limited Liability Companies (LLC). While they share some similarities, they are distinct entities with different implications for business… Read More »

Is LLP a firm or a company?

Firm vs Company

 Is LLP a Firm or a Company? When starting or managing a business, understanding the distinctions between various types of business entities is crucial. Among the most common questions is whether a Limited Liability Partnership (LLP) is considered a firm or a company. In this blog, we will clarify the differences between a firm and… Read More »