What does LLP stand for?


This might sound silly, but I’m a total noobie where company and business are concerned. I’d like to start a business, and am trying to figure out which company type I need to start. One is LLP. But what does LLP even stand for? Just want to have all the info before I do something silly.



LLP is an abbreviation of Limited Liability Partnership. It is a type of legal business structure that must be incorporated at Companies House with two or more people. It provides the owners of the business with limited liability, which is a form of financial protection.

2 years ago

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