Limited Liability Partnerships: What Are They? Limited liability partnerships (LLPs) combine the advantages of partnerships and the protections of corporations. LLPs have each partner responsible for their own legal liabilities,…
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Indian Partnership Act Registration: Procedure for Partnership Firms
Partnership firms are formed when two or more people join forces along with mutual permission to establish an entity and distribute earnings in an agreed-upon manner. When choosing partners for…
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Partnership Deed in India – Partnership Deed Contents
One of the most popular forms of organization for starting a new business is a Partnership Deed. A contract specifies terms such as profit/loss sharing, salary, interest on capital, drawings,…
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