A limited liability partnership is a relatively new form of business organization. 有限责任合伙是一种相对较新的企业组织形式。 This concept normally applies to stockholders in a corporation and to the limited partners in a limited partnership. ...
“Limited liability partnership.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/limited%20liability%20partnership. Accessed 19 Feb. 2025. Copy Citation Share Post the Definition of limited liability partnership to Facebook Facebook Share the Definition...
The meaning of LIMITED PARTNER is a partner in a venture who has no management authority and whose liability is restricted to the amount of his or her investment.
However, many are concerned by the fact that partners are personally responsible for the partnership’s liabilities. Limited Partnership (LP) and Limited Liability Partnership (LLP) are business structures designed to help ease this concern. In both LPs and LLPs, some or all partners are ...
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Liability Partnership n. (LLP) 有限责任合伙;1. A limited liability partnership is a relatively new form of business organization.有限责任合伙是一种相对较新的企业组织形式.2. A partnership may have unlimited liability as well as limited liability.合营可以是无限责任也可以是有限责任....
Limited Liability Partnership is easy to incorporate and manage. Minimum two partners are required to form a LLP and there is no limit on maximum number of partners. There is no requirement of minimum capital contribution in a LLP. It usually takes 15-20 days to incorporate an LLP, subject ...
1.Mobile Greyhound Racing is a limited liability partnership that is affiliated with the Poarch Band of Creek Indians. 2.A limited liability partnership is a relatively new form of business organization. 有限责任合伙是一种相对较新的企业组织形式。
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.