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Can I later convert my Partnership firm into a Company or LLP?
Yes, there are procedures for converting a Partnership business into a Company or a LLP at a later date. However, the procedures to convert a Partnership firm into a Company or LLP are cumbersome, expensive and time-consuming. Therefore, it is wise for many entrepreneurs to consider and start a LLP or Company instead of a Partnership firm.
Is an LLP a corporation?
An LLP is a professional corporation, able to act as a person in law, to sue and be sued as a corporation provided it has fulfilled the registration requirements binding on all corporations. It is certainly a particular form of corporation in that the liability of the individual partners is different than the liability of stock holders, otherwise LLP and LLC s are virtually identical. An LLP, for instance, must be an company for profit. Naturally since it is a professional association of lawyers, lawyers seek to exempt this form of corporation from the laws governing corporations. Not surprisingly, courts, made up overwhelmingly of people with law degrees, wink at many of these special claims, privileges and exemptions but there is no sound case law to support any of these. If anyone knows of a bona fide exemption or special privilege applicable to LLP s (other than that governing residual obligations of partners), he or she should add to this entry.
What is a “Limited Liability Partnership” or “LLP”?
LLP or Limited Liability Partnership has become a popular form of organization among entrepreneurs in India. A Limited Liability Partnership gives the benefits of a Company & a Partnership Firm. An LLP in India is a Partnership Firm established by at least 2 Partners who enter into an LLP Agreement. However, the LLP Partner have limited liability and the LLP has perpetual succession just like a Company.
Can a French citizen sue an American company for viloation the law of France?
Yes, a French citizen can sue an American company for violating French law. The lawsuit would need to be filed in a French court, as the company would be subject to the laws of the country where the violation occurred.
Who is the auditor for Darden restaurant company?
Kpmg llp
Who audits the Research in Motion company?
Ernst & Young LLP
From thought to finish which company Tagline?
Ernst & Young LLP
How is Fentons Solicitors able to help their clients?
The company Fentons Solicitors LLP is a company that specializes in personal injury law. This is a UK company that specializes in workplace accidents, traffic accidents, industrial diseases and serious injury claims.
What law firm did Obama Intern under in Harvard Law School?
Sidley Austin LLP
Who are the owners of AlixPartners LLP?
AlixPartners, LLP is owned in part by the Hellman & Friedman Portfolio Company and in part by the board of directors and other employees.
What are the names of two family law firms in Winnipeg?
There are two law firms in Winnipeg Manitoba specializing in family law. These are Filmore Riley LLP and Harrison Law Office. There a more individuals listed as specialist in this area working for Filmore Riley LLP.
What are the specializations of the Law firm Jackson Lewis LLP?
Some of the specializations of the law firm Jackson Lewis LLP are background checks, government relations, immigration, labour and preventive practices, and workplace safety.
