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Converting to LLP

A Limited Liability Partnership (LLP) is a distinct corporate entity with features of both a partnership and company. Formed under the Limited Liability Partnership Act 2000, they provide each member with limited liability.

An LLP is regarded as a person at law, and can employ staff and enter into contracts in their own right in a way that partnerships cannot. Each member of a limited liability partnership is still taxed as an individual akin to a partner in a partnership.

If you are looking at converting to an LLP, Ralli Partnership Law has handled this procedure for many clients, so you can be certain that we will work to ensure everything is right for your needs.

Setting up a limited liability partnership key areas to consider

Ralli Partnership Law has extensive experience of converting partnership agreements to LLPs. If this interests you, contact us for a free consultation.

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