Difference between partnership firm & llp
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 October 2016
SIR
PLEASE LET ME KNOW THE DIFF. BETWEEN PARTNERSHIP FIRM & LLP
PLEASE LET ME KNOW THE DIFF. BETWEEN PARTNERSHIP FIRM & LLP
24 October 2016
The main difference comes from the name, i.e, all the partners in a LLP have limited liability then a pure partnership firm. First u need to know that what a LLP is? So visit the following link to get the knowledge about LLP:-
https://www.charteredclub.com/what-is-a-limited-liability-partnership-llp/
https://www.charteredclub.com/what-is-a-limited-liability-partnership-llp/
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