Practising as a Limited Liability Partnership
Series: Building Engineer ; 78(8) August 2003, 32-33(2)Publication details: 2003Subject(s): Summary: Examines why professional practices do not usually take up the Limited Liability Partnership (LLP) structure. Outlines some of the issues regarding LLP such as personal protection, structure, tax, Companies House, other formalities, borrowing and finance, professional bodies and panel membership and insurance. Concludes there are several advantages to running businesses as LLP rather than partnerships, although conversion can involve planning and cost.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS66874 (Browse shelf(Opens below)) | 1 | Available | 123178-1001 |
Examines why professional practices do not usually take up the Limited Liability Partnership (LLP) structure. Outlines some of the issues regarding LLP such as personal protection, structure, tax, Companies House, other formalities, borrowing and finance, professional bodies and panel membership and insurance. Concludes there are several advantages to running businesses as LLP rather than partnerships, although conversion can involve planning and cost.