When you’re considering your options, know that LLPs can only be taxed as a partnership. The differences between an LLP vs ... An LLC, or limited liabilities company, is a business structure ...

A limited partnership (LP) is a business structure where at least two partners own the company, but only one of ... to limited liability partnership (LLP), but LLPs have no general partners.

LLP stands for limited liability partnership. As the name suggests, an LLP provides its members with a degree of liability protection, shielding them and their personal assets. "A partner of a ...