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Home | Business Formations | Limited Liability Partnership

Limited Liability Partnership

1.	Definition of a Limited Liability Partnership or LLP
2.	Forming an LLP
3.	Allocating Losses and Profits in an LLP
4.	Differences between an LLP and a Limited Partnership (LP)
5.	Advantages of an LLP
6.	Disadvantages of an LLP
7.	Number of Owners Required to Form an LLP
8.	Restrictions on Who Can Form an LLP

7. Number of Owners Required to Form an LLP

Because an LLP is a partnership, it must have two or more owners.

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