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 ...

Today, many business owners form limited partnerships for films and other projects that will last for a short period of time. Limited liability partnerships are relatively new in comparison to ...

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

Each business vehicle has its advantages and disadvantages, but the preferred business vehicle among entrepreneurs in Jamaica has been the limited liability company. This comes as no surprise.

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 ...