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| | Limited liability partnership - Wikipedia, the free encyclopedia |
 | | As in a partnership or limited liability company (LLC), the profits of an LLP are distributed among the partners for tax purposes; the LLP is not taxed separately. | | | In the United Kingdom an LLP has full limited liability status for all kinds of debts and liabilities of the LLP. | | | The liability of the members of an LLP also varies from state to state. |
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http://en.wikipedia.org/wiki/Limited_liability_partnership
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| | Limited Liability Partnership Information |
| | The status of the registered limited liability partnership is effective upon the filing of the registration and payment of the required fee. | | | The status of the registered professional limited liability partnership is effective upon the filing of the registration and payment of the required fee. | | | The status of the registered foreign limited liability partnership is effective upon the filing of the registration and payment of the required fee. |
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http://www.sec.state.ma.us/cor/corpweb/corllp/llpinf.htm
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| | Limited Liability Partnership - Iowa Code chapter 486A |
| | In a general partnership, individual partners are liable for the partnership's debts and obligations whereas the partners in a limited liability partnership are statutorily provided full-shield protection from partnership liabilities, debts and obligations. | | | A qualifying general partnership may become a limited liability partnership by filing a Statement of Qualification according to I.C. The name of a limited liability partnership must end with registered limited liability partnership, limited liability partnership, R.L.L.P.,L.L.P., RLLP, or LLP according to IC §486A.1002. | | | Occasionally a limited liability partnership may need to amend its Statement of Qualification and may do so by filing an Amendment to Statement of Qualification according to IC 486A.1001(8). |
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http://www.sos.state.ia.us/business/limliabpart.html
(633 words)
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| | Limited Liability Partnership |
| | Personal liability of the owners: In a LLP, each partner is liable for the debts of the partnership, but not for acts of professional negligence or malpractice committed by the other partners. | | | A limited liability partnership (LLP) is similar to an LLC in that the LLP provides limited liability and partnership tax treatment for the partners. | | | A general partnership can usually become an LLP by registering, and actually, there are few disadvantages in doing so other than an annual fee. |
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http://www.job-employment-guide.com/limited-liability-partnership.html
(137 words)
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| | Limited Liability Partnership |
| | Partners in an LLP generally will be subject to self employment tax on their share of the trade or business income of the LLP. | | | The $100,000 figure refers to the liability limit of the insurance, above any deductibles, retention or similar arrangements; thus, deductibles, retention and the like are permitted so long as the coverage would allow aggregate proceeds of at least $100,000. | | | If an LLP had the requisite insurance in place at the time the error or omission occurred, the insurance requirement should be satisfied even though subsequent events made the coverage unavailable to the aggrieved party. |
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http://www.spencer-law.com/limited_liability_partnership.htm
(1054 words)
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| | Partnership - Wex |
| | Partnership income is taxable to the partners in proportion to their share in the company's profits. | | | The consequence of this profit sharing is that partners are jointly and independently liable for the partnership's debts. | | | For state and federal tax purposes, a partnership is not a taxable entity. |
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http://www.law.cornell.edu/topics/partnership.html
(369 words)
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| | limited company, sole trader, partnership, limited liability partnership, legal entity |
| | Limited Liability (in a Limited Company) should be looked at closely when you are dealing with high incoming costs, such as computer sales or design and print, where the gain is a lot lower than the risk if a customer should default on payment. | | | The LLP will be a separate legal entity and while the LLP itself will be liable for the full extent of its assets the liability of the members will be limited. | | | LLP's are similar to companies in the respect that they will be required to provide financial information equivalent to that of companies, including the filing of annual accounts. |
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http://www.fastlinksolutions.co.uk/limitedc.htm
(2539 words)
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| | Nevcon Accounting Services - Financial Articles - The Limited Liability Partnership |
| | A Limited Liability Partnership (LPP) allows an individual partner in a partnership to be exempt from the liabilities of the partnership as a whole or from the liabilities of any other individual partner that may arise from negligent acts or malpractice for which that other partner may have been responsible. | | | Traditionally, most partnerships have not required partners committing negligent acts to bear the cost alone – even to the extent of insurance deductibles or claims that are in excess of insurance coverage. | | | The establishment of an LPP does not protect partners from liability for their own negligence or for the negligence of anyone under their direct supervision nor will it absolve them of any contractual debts or liabilities incurred by the partnership as a whole. |
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http://www.nevcon.com/resources/qd-llp.html
(642 words)
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| | Limited Liability Partnership (LLP) |
| | However, an Limited Liability Partnership (LLP) partner may still be jointly and severally liable for the contractual debts of the business. | | | Newer state Limited Liability Partnership (LLP) laws have extended liability protection to the partnership’s contractual debts that exceed the value of the owner’s investment interest in the Limited Liability Partnership (LLP). | | | A Limited Liability Partnership (LLP) may elect to be treated as a corporation by filing Form 8832. |
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http://www.1065accountant.com/llp.htm
(535 words)
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| | ☞ Establish UK LLP. What is a Limited Liability Partnership? What is the Difference Between a UK LLP and a UK ... |
| | LLPs that do not carry on business as a trade or profession such as an investment company will be subject to corporation tax. | | | A limited liability partnership (LLP) is a new form of legal business entity with limited liability. | | | Like its America cousin it is governed by an Operating or Limited Liability Partnership Agreement and can be structured in a way to allow non-UK resident individuals, conducting all their business outside of the UK to enjoy the prestige of a genuine British entity without liability to UK taxes. |
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http://www.ukincorp.co.uk/s-DC
(2849 words)
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| | Limited Liability Partnership |
| | Liability of GP – Partnership is liable for acts of the partners. | | | The Partnership is an entity and the assets are owned by the entity, rather than by all the individuals. | | | §16306(c) – a partner in a registered LLP is not liable or accountable for debts, obligation,s or liabilities of another partner, whether arising in tort, contract, or otherwise. |
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http://home.pon.net/jmt/law/TwoL/busorg/baum99.htm
(2678 words)
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| | What is an LLP (limited liability partnership)? |
| | A limited liability partnership is a special kind of partnership available only to accountants, attorneys, and architects to assist them in rendering personnel services. | | | As a practical matter, it means that any law partnership holding itself out as a limited liability partnership (usually established by having the initials "LLP" or "L.L.P." after the name of the firm) either has significant assets (i.e., a new worth of at least $7.5 million) or has an insurance policy of at least $500,000. | | | Shareholders in a corporation historically have been doubly-taxed: the corporation first pays income tax on its net income, and that income is taxed again at the shareholder level when the shareholder receives any distribution from the corporation. |
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http://www.hartley.com/llpwhats.htm
(501 words)
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| | NYS Professional Corporations - Registered Professional Limited Liability Partnerships (LLP) |
| | Partnerships other than LLPs or those practicing certified public accountancy are not required to register with the New York State Education Department. | | | The registered limited liability partnership must follow the same guidelines as a professional service corporation for referencing the profession or professions in the title and purpose. | | | The proposed name of the partnership appropriately describes the profession or professions practiced and the services to be provided and is not false, fraudulent, deceptive or misleading. |
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http://www.op.nysed.gov/pcorpllp.htm
(475 words)
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| | The Limited Liability Partnership |
| | If it is implemented sensibly, the introduction of the LLP will provide a helpful new option for professional partnerships which are anxious about their exposure to liability and about their continuing access to adequate and affordable levels of indemnity insurance. | | | While, on the face of it, the LLP structure might prove attractive to existing professional firms considering combining, the requirement in the regulations for an RRB to impose and enforce technical rules on its authorised firms would mean, in practice, that multi-disciplinary firms could not become LLPs. | | | If an LLP is not engaging in any significant accounting transactions, there would seem no pressing need for it to be audited. |
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http://www.accaglobal.com/technical/responses/archive/22318
(3511 words)
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| | Limited Liability Partnership- forms of business entities which permits one partner to be shielded from individual ... |
| | Only liability arising from the misconduct of other partners or persons is covered by this law; the partnership is not relieved from liability for other partnership obligations and individual partners are liable for their own misconduct. | | | A Limited Liability Partnership are forms of business entities which permits one partner to be shielded from individual joint liability for partnership obligations created by another partner's or person's misconduct. | | | A partner's liability is not limited, however, when the misconduct took place under the supervision or control of the partner. |
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http://www.diloffshore.com/llp.htm
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| | Limited liability partnership formations |
| | Limited liability partnership formations are priced at £195.00 (payable by credit or debit card) and require the minimum of information necessary to process your order correctly. | | | An LLP is taxed as a partnership rather than a company which may be more advantageous for all concerned. | | | A limited liability partnership (LLP) provides limited liability for its members but allows complete flexibility for the internal structure of the organisation. |
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http://www.createacompany.co.uk/llpformations.html
(138 words)
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| | Limited Liability Partnership |
| | Limited Liability Partnerships offer an attractive alternative for attorneys and accountants since it shields the partners from vicarious liability, can operate much like a corporation, and is afforded full partnership tax treatment. | | | Although, with certain exceptions, the Limited Liability Partnership is only available to attorneys and accountants that operate within certain states. | | | Some states, such as California, allow attorneys and accountants to operate their practices as Limited Liability Partnerships. |
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http://www.corpworld.0catch.com/id21.htm
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| | Ethics Opinion 235: Registered Limited Liability Partnership/Limited Liability Company |
| | Basically, the limitation of liability for legal malpractice contained in the amended Texas Act is in substance the same as the limitation of liability that has been common, and has become accepted by the legal profession and the public, in many professional corporation statutes throughout the country, including the District of Columbia. | | | The concept of a “registered limited liability partnership” (as well as the concept of a “limited liability company”) is unfamiliar to citizens of the District of Columbia, including many experienced lawyers in the District of Columbia. | | | We believe that in some states it is not completely clear on the face of the particular state& limited liability partnership statute or the state& limited liability company statute whether the limitation of liability in those statutes in substance is not broader than the District of Columbia Professional Corporation Act limitation of liability. |
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http://www.dcbar.org/for_lawyers/ethics/legal_ethics/opinions/opinion235.cfm
(1445 words)
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| | Guardian Unlimited Business Business latest Brunswick turns LLP in equity bid |
| | The LLP is in effect a halfway house between a limited liability company and a traditional partnership. | | | Under the LLP rules, partners' personal liabilities are limited to the assets they put into the business and to any personal guarantees that have been given. | | | Unlike companies, but in line with traditional partnerships, profits in LLPs are treated as the personal income of the partners and taxed accordingly. |
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http://www.guardian.co.uk/business/story/0,3604,1157401,00.html
(502 words)
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| | limited liability partnership agreements |
| | Limited liability partnership agreements are, therefore, good business practice if you want your limited liability partnership to survive any length of time. | | | In addition to having all of the usual provisions of a limited liability partnership agreement, a successful limited liability partnership will also include some additional provisions in its partnership agreement. | | | Most partners in a limited liability partnership would like to have equal shares in the limited partnership. |
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http://www.assetprotectionmagazine.com/articles/limited-liability-partnership-agreements.shtml
(501 words)
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| | A new form of partnership: the registered limited liability partnership. (CPA Manager) |
| | The Delaware statute states that a partner in a RLLP is not liable for debts and obligations of the partnership arising from negligence, wrongful acts, or misconduct committed in the course of the partnership business by another partner or an employee, agent, or representative of the partnership. | | | Typically, general partners of partnerships are personally jointly and severally liable for the wrongful acts or omissions of their other partners. | | | Under both statutes, a partnership still remains an entity which can be sued for the acts or omissions of one of its partners, and the partnership assets would be a source for recovery by the plaintiff. |
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http://www.nysscpa.org/cpajournal/old/14469597.htm
(1130 words)
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| | CCH Business Owner's Toolkit The Limited Liability Partnership (LLP) |
| | While all of the owners of both an LLC and an LLP have limited liability from the claims of the business's creditors, in many states the quality of the limited liability is not the same. | | | While the LLP is similar to the limited liability company (LLC), there are some important differences that may make the LLP an inappropriate choice for the small business owner. | | | In many states, owners of an LLP have only a reduced form of limited liability from the claims of the business's creditors. |
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http://www.toolkit.cch.com/text/P12_4265.asp
(1072 words)
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| | Limited Liability Partnership |
| | Partners are jointly and severally liable for all wrongful acts and breaches of trust of the partnership and jointly liable for all other debts. | | | The LLP would not protect a partner from liabilities and obligations arising before achieving LLP status or after that status is not maintained. | | | Under the statute, a partner in a limited liability partnership is not personally liable for: |
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http://www.mhjd.com/textsite/llp.htm
(477 words)
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| | limited liability partnership texas |
| | A limited liability partnership is a variation of a limited partnership with modified liability consequences. | | | Foreign Limited Liability Partnership Qualification - Form for qualifying an out of state limited liability partnership to transact business in Texas. | | | The Limited Liability Partnership does not have a... |
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http://www.4dgo.com/hedgefunds/limited-liability-partnership-texas.html
(169 words)
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| | Limited liability partnership |
| | Limited Liability Partnerships Act 2000 These explanatory notes relate to the Limited Liability Partnerships Act 2000, the limited liability partnership, which will be a body corporate and Limited Liability Partnership (LLP) - Incorporate at MyCorporation.comLimited Liability Partnership (LLP) compared to the llc and the corporation forms of business entity. | | | The Limited Liability Partnership (LLP)An explanation of the characteristics of limited liability partnerships, in the context of a larger discussion on asset protection strategies for small Limited Liability Partnerships (LLP) Bill Limited Liability Partnerships are a new form of business entity with date for registration as a Limited Liability Partnership will be 6 April 2001. | | | Set up and register a limited liability A limited liability partnership (LLP) shares many of the features of a normal partnership - but it also offers reduced personal responsibility for |
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http://internet-baccarat.boxmail.biz/limited-liability-partnership.htm
(270 words)
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| | LLP, LLC, General Partnership, Limited Partnership, Limited Liability Partnership, Limited Liability Company, ... |
| | As a shareholder, you are not liable for the debts or acts of the corporation as long as you obide by the corporate procedures required by law. | | | LLP, LLC, General Partnership, Limited Partnership, Limited Liability Partnership, Limited Liability Company, Incorporating a Business, Incorporating a Small Business | | | The most you can lose as a shareholder is the amount you have paid for your shares. |
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http://www.incorporating-a-business.org
(548 words)
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| | Forms - Limited Liability Company/Partnership (LLC/LLP) |
| | A Limited Liability Company (LLC) is a relatively new business structure allowed by state statute. | | | LLCs are popular because, similar to a corporation, owners have limited personal liability for the debts and actions of the LLC. | | | The forms necessary for filing as an LLC depend on the type of federal tax entity that is either elected or defaulted to. |
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http://www.irs.gov/businesses/small/article/0,,id=99160,00.html
(279 words)
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| | FORM: LIMITED LIABILITY PARTNERSHIP |
| | The status of a limited liability partnership is effective on the later of the filing of the statement or a date specified in the statement. | | | Each LLP authorized to transact business, shall file an annual report with this office between January 1 and April 1 of each year following the calendar year in which a partnership files a statement of registration. | | | Foreign LLP's principal place of business in its' state of origin: |
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http://www.sec.state.vt.us/tutor/dobiz/forms/llpqual.htm
(200 words)
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| | [No title] |
| | Both general and limited partners benefit from a full, status-based liability shield that is equivalent to the shield enjoyed by corporate shareholders, LLC members, and partners in an LLP. | | | In a limited liability limited partnership (“LLLP”), no partner – whether general or limited – is liable on account of partner status for the limited partnership’s obligations. | | | (6) “Foreign limited liability limited partnership” means a foreign limited partnership whose general partners have limited liability for the obligations of the foreign limited partnership under a provision similar to Section 404(c). |
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http://www.law.upenn.edu/bll/ulc/ulpa/final2001.htm
(5977 words)
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| | Forms |
| | Limited Liability Company - domestic & foreign (Ch. | | | Annual report forms or notifications are distributed automatically to corporations and limited liability companies, c/o the organization's registered agent and office in Wisconsin. | | | Limited Liability Partnership - domestic & foreign (Ch. |
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http://www.wdfi.org/corporations/forms
(200 words)
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| | Limited Liability Partnership (LLP) - Incorporate at MyCorporation.com |
| | LLP in general: California allows attorneys and accountants to operate their practices as a limited liability partnership. | | | Many attorneys and accountants find the LLP as a very attractive alternative since it shields the partners from vicarious liability, can operate more informally and flexibly than a corporation, and is accorded full partnership tax treatment. | | | An annual tax is thereafter imposed on LLPs equivalent to the minimum franchise tax imposed on California corporations (i.e. |
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http://www.mycorporation.com/Llp.htm
(151 words)
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| | Limited Liability Incorporation - llc company, S or C corporation formation business attorney |
| | Limited Liability Company ("LLC"), Limited Liability Partnerships ("LLP"), s corporations and c corporations are favored business structures. | | | Limited Liability Incorporated, in San Diego, will help you in forming a LLC, Limited Liability Company - Limited Liability Partnership, or incorporate your business ("incorporation") an S Corporation or C Corporation. | | | Forming a LLC or LLP, or to incorporate a business however, is a legally complex process. |
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http://www.limitedliabilityincorporation.com
(239 words)
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| | Limited Liability Partnership |
| | The limited liability partnership agreement form states that the partners all share in the profits equally and receive a specified salary. | | | To form a new Limited Liability Partnership, choose the appropriate format for your LLP Agreement Package: (Word 97, Word 2000etc, Word/Works) The price for this package is: £40.89 including VAT.You can view a sample of a completed Agreement here. | | | To convert and existing partnership to a Limited Liability Partnership, choose the appropriate format for your LLP Conversion Package: (Word 97, Word 2000etc, Word/Works) The price for this package is: £40.89 including VAT.You can view a sample of a completed Agreement here. |
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http://www.clickdocs.co.uk/limited-liability-partnership.htm
(381 words)
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| | Partnership Software for Form 1065 Partnership Tax Returns |
| | Our Form 1065 partnership tax software and our other programs are used by most major accounting firms. | | | If you're not sure if you need to file a partnership tax return or if you're not sure how to file a partnership tax return you'll find the answer here. | | | Here you'll find information about partnership tax returns and Form 1065 and the steps to take to file those tax returns. |
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http://www.1065accountant.com
(262 words)
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| | Limited Liability Partnership FAQ |
| | You may search the records of the Division of Corporations to obtain information on corporations, limited liability companies, limited partnerships, and limited liability partnerships. | | | Service of process is accepted pursuant to Sections 306, 306-A, and 307 of the Business Corporation Law; Sections 306 and 307 of the Not-for-Profit Corporation Law; Sections 301-A, 303, and 304 of the Limited Liability Company Law; Sections 121-104-A, 121-109, 121-1505, and 121-1506 of the Partnership Law. | | | The Division of Corporations' computerized inquiry system contains the complete history of all active corporations, limited partnerships, limited liability companies, and limited liability partnerships and a complete or partial history of corporations in existence on or after December 5, 1977, but that went out of existence before December 31, 1984. |
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http://www.dos.state.ny.us/corp/llpfaq.htm
(3544 words)
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| | Limited liability partnership |
| | A Limited Liability Partnership or LLP is a relatively new creation that operates much like a limited partnership, but allows the members of the LLP to take an active role in the business of the partnership, without exposing them to personal liability for others' acts except to the extent of their investment in the LLP. | | | Many law and accounting firms now operate as LLPs. | | | -- Legal answer to: what are the more common forms of business ownership which reduce owner personal liability? |
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http://business-law.freeadvice.com/liability_partnership.htm
(235 words)
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| | Incorporating in New York- Limited Liability Partnership |
| | The partnership without limited partners is filing this registration for status as a registered limited liability partnership. | | | The name of the registered limited liability partnership. | | | Name Search - New York Incorporation (Inc.) - New York Limited Liability Company (LLC) |
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http://www.incparadise.com/incorporation/new_york/ny-llp.htm
(397 words)
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| | Illinois Limited Liability Partnership LLP |
| | The limited liability partnership offers ‘members’ of the partnership reduced personal liability if the business gets into financial difficulties, with the liability limited to the amount they have invested in the business. | | | Partnership taxation (taxes paid once at the partner level); | | | An operating agreement similar to a general partnership |
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http://www.messersmithlaw.com/html/limited-liability-partnership.html
(100 words)
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| | IDSOS Limited Liability Partnerships Forms Index |
| | Limited Liability Partnership filings are processed on a daily basis. | | | Statement of Foreign Qualification of Limited Liability Partnership | | | Cancellation of Statement of Qualification of Limited Liability Partnership |
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http://www.idsos.state.id.us/corp/llpform.htm
(135 words)
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| | Georgia Limited Liability Partnership (LLP) ~ Georgia LLPs, Limited Liability Partnerships |
| | This question and answer site is provided by the law firm Robertson & Gable, LLC to educate the public generally about forming corporations, limited liability companies and other business entities. | | | Forming Corporations, Limited Liability Companies and Other Business Entities | | | Georgia Limited Liability Partnership (LLP) ~ Georgia LLPs, Limited Liability Partnerships |
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http://www.incorporatega.com/qanda.cfm
(127 words)
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| | NYS DOS, Corporations, Limited Liability Partnership Filings |
| | A foreign limited liability partnership (i.e., organized in another state or country) may register to conduct or transact business in New York State as a New York registered foreign limited liability partnership. | | | The designated addressee for service of process of a domestic or foreign registered limited liability partnership may resign from this function. | | | You may wish to review an Opinion of Counsel entitled "Doing Business" in New York: An Introduction to Qualification. |
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http://www.dos.state.ny.us/corp/llpcorp.html
(1871 words)
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| | Limited Liability Partnership Definition |
| | The partner or investor's liability is limited to the amount he/she has invested in the company. | | | Another name for a Limited Liability Company, often used by professional associations. | | | Still not sure how to protect your estate and minimize tax liability? |
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http://www.investorwords.com/5636/Limited_Liability_Partnership.html
(218 words)
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| | Limited Liability Partnership |
| | In California, attorneys, accountants and architects may operate their practices as a Limited Liability Partnership. | | | It is similar to a General Partnership, but it shields partners from other partners' liability. | | | Additionally, LLPs can operate more informally than corporations while being accorded full partnership tax treatment. |
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http://www.limitedliabilityincorporation.com/llp.htm
(55 words)
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| | California Business Portal - Limited Liability Company - Forms and Fees |
| | Conversion of a foreign limited liability company to a California limited liability company | | | Conversion of a California limited liability company to a California general partnership or foreign entity (not registering) | | | Conversion of a registered foreign limited liability company to a California general partnership (not registering) |
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http://www.ss.ca.gov/business/llc/llc_formsfees.htm
(445 words)
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| | Information & Guidance - Limited Liability Partnership |
| | Unlike members of ordinary partnerships, the LLP itself is responsible for any debts that it runs up, not the individual partners. | | | A Limited Liability Partnership (LLP) shares many of the features of a normal partnership - but it also offers reduced personal responsibility for business debts. | | | Please click here to view an interesting and informative general article about LLPs in the Companies House Register magazine (PDF format) |
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http://www.companieshouse.gov.uk/infoAndGuide/llp.shtml
(166 words)
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| | DOL - Application for Limited Liability Company or Limited Liability Partnership |
| | Download the Application for Limited Liability Company or Limited Liability Partnership. | | | If your LLC or LLP will have licensed salespersons, associate brokers, and/or branch managers, you will also need the Application for Real Estate Salesperson/Associate Broker/Branch Manager form. | | | DOL - Application for Limited Liability Company or Limited Liability Partnership |
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http://www.dol.wa.gov/forms/620100.htm
(231 words)
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| | Wisconsin.gov - Build Your Business - Limited Liability Partnership |
| | You are encouraged to seek additional information and/or obtain the assistance of a qualified accountant or attorney before finalizing your choice of legal entity. | | | Your choice or action can affect your personal liability and tax obligations. | | | Wisconsin.gov - Build Your Business - Limited Liability Partnership |
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http://www.wisconsin.gov/state/byb/llpartnership.html
(67 words)
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| | CCH Business Owner's Toolkit The Limited Liability Limited Partnership (LLLP) |
| | This is similar to the process of a general partnership registering to be recognized as a limited liability partnership (LLP), so that all of the owners have limited liability. | | | Manage your personal wealth with the information that you need regarding investment, insurance, tax, retirement, and estate planning. | | | It is a limited liability limited partnership or, more specifically, a limited partnership (LP) that registers under state law so the general partner will have limited liability, similar to the limited partners. |
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http://soho.cch.com/text/P12_4275.asp
(339 words)
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| | limited liability partnership agreement |
| | Limited Liability Partnership (LLP) compared to the llc and the corporation forms of business entity... | | | Links and descriptions for Asset Protection Attorneys - Protecting Your Assets Portal related information organized alphabetically. | | | limited partnership and discussion group, partnership business info, sample business partnership agreement, free partnership contracts,... |
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http://www.protectingassets.com/limited_liability_partnership_agreement.html
(139 words)
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