Tag: ease of doing business
December 15, 2021
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
The Welcome Concept of Start-up LLPs and Small LLPs
Limited Liability Partnerships ("LLPs") are flexible legal entities that enable partners to benefit from a joint, collaborative initiative whilst reducing their liability for the actions or inactions of the other partners. This structure combines the benefits of a partnership firm and a company in that it limits the liability of partners to their contribution and constitutes a separate legal entity like a company; while also operating based on an agreement and leaving the partners to mutually decide the nuances of the business, like the internal managerial structure. ......