Archive by tag 'Limited liability partnership contract'
Posted by admin on Sep 24, 2009

The idea is that an LLP should provide many of the benefits of limited liability, as for a company, but allow its members the flexibility of organising their internal structure as a traditional partnership. The LLP is a legal entity separate from its members, but, unlike an incorporated company, does not have shares or shareholders and is not subject to the same provisions as an incorporated company concerning the relationship between it, its shareholders and [...]

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