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  1. Limited Liability Partnership (LLP): Meaning and Features

    Nov 8, 2025 · 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.

  2. 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 …

  3. 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 …

  4. What is a Limited Liability Partnership: Definition & Key Features

    Apr 29, 2025 · Discover what a limited liability partnership is, its key features, advantages, and how it compares to other entities. Explore LLP regulations and more.

  5. Limited Liability Partnerships (LLPs) Under the Law - Justia

    Oct 18, 2025 · Much like limited partnerships, limited liability partnerships (often known by the acronym LLP) are an alternative to general partnerships that allows business owners to limit …

  6. Selecting a Business Structure - Texas Secretary of State

    Limited Partnership: A Texas limited partnership is a partnership formed by two or more persons and having one or more general partners and one or more limited partners.

  7. What is a Limited Liability Partnership? | ZenBusiness

    Jun 27, 2025 · What is a limited liability partnership? A limited liability partnership (LLP) is a business entity structure. At its core, an LLP is a partnership composed of two or more …

  8. Limited liability partnership: What it is and how to start one

    LLPs offer pass-through taxation (avoiding corporate taxes) but require specific state registration and compliance steps to form. The question isn't if you'll start a business, but how you'll …

  9. What Is a Limited Liability Partnership? | LegalMatch

    Mar 1, 2024 · What Is a Limited Liability Partnership? A limited liability partnership (“LLP”) is a specific type of business management structure. Specifically, a limited liability partnership is a …

  10. Limited Liability Partnerships (LLPs): What to Know

    Mar 8, 2024 · Like most other types of partnership or company, an LLP structure provides plenty of flexibility for how the business will operate on a daily basis. Here are some of main features …