A limited liability partnership (LLP) is a flexible legal and tax entity where every partner has a limited personal liability for the debts or claims of the partnership. Partners of an LLP can ...

In certain circumstances, two or more people organize their business as a limited liability partnership to receive some unique benefits. LLPs are often used by professional services businesses ...

If you and your partners are lawyers and doctors, two professions at high risk for malpractice lawsuits, a limited liability partnership, or LLP, may suit your needs. That’s because a basic ...

She is a library professional, transcriptionist, editor, and fact-checker. A limited liability company (LLC) is a type of business structure that protects its owners from personal risk while ...

Limited Partnerships offer limited liability and passive income, taxed only at the partner level. GPs manage LP operations but have unlimited personal liability. Creating an LP is straightforward ...

Recently, the Internal Revenue Service ("IRS") has successfully asserted that limited partners in private equity and hedge funds that are organized ...

Due to strong GDP growth and policy continuity, registration of companies and limited liability partnerships (LLPs) in the ...

Different from a limited liability partnership (LLP), this type of business entity may be best suited for those who desire to pool their funds together to create a company, but who are not all ...