make your free llp agreement
other names:
limited liability partnership agreement
llp partnership agreement
llp members agreement
what is an llp agreement?
an llp agreement is a document used to create a limited liability partnership (ie an llp), a type of business partnership that combines the flexibility of a traditional partnership with the advantages of corporate limited liability. llp agreements enable a business partnership to be started with clear rules for sharing power and profits.
when should i use an llp agreement?
use this llp agreement:
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to clarify the partners' contributions to and their capital shares in the llp
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to set out the partners' profit shares
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to set out how decisions are to be made within the partnership
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only for llps registered in england, wales, or scotland
