Limited liability partnership
Company law
Solicitors & Lawyers
Legal Phrases
limited liability partnership
1.
A limited liability partnership ('LLP') shares features of limited liability companies and unincorporated partnerships. Limited liability partnerships enjoy the protections of limited liability that exist in English company law and is subject to lower taxation rates than companies.
Usage: The limited liability partnership commenced trading in the textiles market.
Related Words: company; partnership; sole trader; limited company; public company; Registrar of Companies.
Gillhams - Law Firm
Company Lawyers
London, UK
Tel: +44 20 7353 2732
Fax: +44 20 7353 2733
Members of the Law Society and regulated by the Solicitors Regulation Authority.
Legal Services to Business
- Commercial
- Company / Corporate
- Contracts
- Disputes & Litigation
- Employment
- Intellectual Property
- Property
- Software
- Technology Law
Legal Services to Individuals