A Limited Liability Partnership (LLP) provides the advantages of a separate legal entity, limited liability, simple incorporation, and no cap on the number of partners. It facilitates easy transfer of interests, raising funds, and accepting foreign direct investment. Key benefits include exemption from mandatory audits below certain thresholds, minimal capital requirements, and no tax on profit distribution. However, significant penalties for non-compliance and a lack of preference among venture capitalists are notable drawbacks. https://structuredbiiz.com/lim....ited-liability-partn
Like
Comment
Share
