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LLP

What is an LLP?

A Limited Liability Partnership (LLP) is a form of business structure that combines features of both a general partnership and a limited liability company (LLC). In an LLP, the partners have limited liability, protecting their personal assets from certain business liabilities while still maintaining the flexibility and tax advantages associated with a partnership. LLPs are often chosen by professional service providers, such as lawyers, accountants, and consultants.

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