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How to make an LLP agreement

What is an LLP agreement?

A limited liability partnership (LLP) agreement is a type of business partnership agreement that combines the flexibility of a traditional partnership with the advantages of corporate limited liability.

Put your business partnership onto a secure footing with an LLP agreement that limits your liability and sets clear rules for sharing power and profits. This straightforward limited liability partnership agreement is ideal for businesses run by several owner-managers. This document deals with the key issues to be agreed upon between LLP members such as incorporation, finances, ownership, contributions, profits and losses, decision-making, risk management and members leaving.

Other names for LLP agreement

Limited liability partnership agreement.

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