LLPs Boost Partners Incomes
Until recently, UK businesses had only two basic choices of structure. They could be limited companies or they could be partnerships. A new hybrid structure, the Limited Liability Partnership (LLP) offers many benefits for businesses owned by their proprietors, as is often the case in the maritime community.
Until recently, UK businesses had only two basic choices of structure. They could be limited companies or they could be partnerships. A new hybrid structure, the Limited Liability Partnership (LLP) offers many benefits for businesses owned by their proprietors, as is often the case in the maritime community.