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Partnership or LLP?

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Partnership or LLP?

Partnership or LLP : How Should I Run My Business?

When you decide to start your own business, you need to determine what type of business structure best suits your needs. Business structures range from sole proprietorship’s, corporations, partnerships, limited liability partnerships or joint ventures. Should you run your business through a partnership or an LLP? Here is a concise breakdown below of the advantages and disadvantages of each one to get a clearer idea of what is best for your business.

Partnership or LLP


The most common forms of business arrangements are a sole proprietorship or corporation. But is that the right structure for you?

Click here for more information about each type of structure.

-Shira Kalfa, BA, JD, Partner and Founder

© Kalfa Law 2018

The above provides information of a general nature only. This does not constitute legal advice. All transactions or circumstances vary, and specified legal advice is required to meet your particular needs. If you have a legal question you should consult with a lawyer.

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