Limited Liability Partnership (LLP): Meaning and Features
Jan 13, 2026 · A limited liability partnership (LLP) is a flexible legal and tax entity that allows partners to benefit from economies of scale while also reducing their liability.
Limited liability partnership - Wikipedia
A limited liability partnership (LLP) is a partnership in which some or all of the partners have limited liability. An LLP is the partnership form of a limited liability company (LLC) and has …
LLC Vs. LLP: Key Differences Between The Two Business Structures
May 30, 2024 · Limited liability companies (LLCs) and limited liability partnerships (LLPs) are two common legal classifications for small businesses. While the two sound very similar, there are …
limited liability partnership (LLP) | Legal Information Institute
Limited liability partnership (LLP) is a type of general partnership where every partner has a limited personal liability for the debts of the partnership. Partners will not be liable for the …
LLP: What is a limited liability partnership? | Xero US
Dec 11, 2025 · Guide LLP: What is a limited liability partnership? Learn how a limited liability partnership (LLP) protects your assets, streamlines taxes, and fits professional teams.
Understanding LLP: Structure, Benefits, and Legal Protection
Oct 17, 2025 · An LLP offers flexibility and liability protection for partners. Learn how LLPs work, their benefits, and how they differ from partnerships and LLCs.
Limited Liability Partnerships (LLPs) Under the Law - Justia
Oct 18, 2025 · Read about how to form a limited liability partnership (LLP), and why it may offer less risk and exposure than other forms of partnerships.
What LLP Stands For in Law and How It Works - LegalClarity
Aug 16, 2025 · Understand the Limited Liability Partnership (LLP) as a distinct legal entity. Learn its structure, liability features, and how it compares.
LLP | LegalZoom Business & Legal Glossary
LLP A limited liability partnership (LLP) is a type of business structure that shields its owners from being liable for their partner's negligence or misconduct.
Limited liability partnership: What it is and how to start one
Understand the limited liability partnership (LLP) structure. Learn the benefits, some considerations, and how to start an LLP with our step-by-step guide.