What is the Main Purpose of a Limited Partnership?

A limited partnership is a legal business structure that allows two or more individuals to form a business together. The main purpose of a limited partnership is to provide limited liability protection for the partners while also allowing them to share in the profits and losses of the business. LLP is one of the most accessible business forms to incorporate and manage. The present article briefs the main purpose of a limited partnership. Know more about LLP vs Partnership Firm

Limited Liability Partnership

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