Limited liability partnership

A limited partner ship is a form of a partner ship, that put limited liability on some or all of the partners. This form separates every partner form another, removing the liability for another partners negligence or misconduct. Meaning that each involved party wants to start a partner ship together, but do not not want to be responsible for the other party's actions where the parties are unfamiliar with each other or cannot full trust each other. The abbreviation most often used for this form of a company is LLP.


LLP's may be incorporated in quite few countries but most often its both recognized and known for as LLP in United Kingdom. As there are two separate acts governing partnerships in Great Britain and Northern Ireland.

List of countries in witch the LLP's are most popular in:

• Canada
• China
• Germany
• Greece
• India
• Japan
• Kazakhstan
• Poland
• Romania
• Singapore
• United Kingdom
• United States

Depending on the country Limited Partner Ship can be a flexible tool when used in the right jurisdiction for the right purpose. Working to together with other people to increase your earnings while risking only with your own decisions for your assets in the partner ship.