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Can LLP give out Shares?
Unlike Private limited company or public limited company, an LLP is governed by the agreement between partners, known as “LLP Agreement”
LLP agreement shall contain the ratio of profit/ loss sharing among the partners.
No shares are issued in LLP.
The ownership of the partners in the LLP is evidenced by LLP agreement.
You can convert LLP into P...
Wazzeer Professional Network
ProfessionalCan LLP give out Shares?
-
Wazzeer Professional Network
ProfessionalUnlike Private limited company or public limited company, an LLP is governed by the agreement between partners, known as “LLP Agreement” LLP agreement shall contain the ratio of profit/ loss sharing among the partners. No shares are issued in LLP. The ownership of the partners in the LLP is evidenced by LLP agreement. You can convert LLP into Private Limited Company to issue shares. Wazzeer is trusted by renowned startups as reliable legal and accounting partner, we will be glad to help you, just 'Get a Wazzeer'about 5 years ago
View answer
Can LLP give out Shares?
-
Wazzeer Professional Network
ProfessionalUnlike Private limited company or public limited company, an LLP is governed by the agreement between partners, known as “LLP Agreement” LLP agreement shall contain the ratio of profit/ loss sharing among the partners. No shares are issued in LLP. The ownership of the partners in the LLP is evidenced by LLP agreement. You can convert LLP into Private Limited Company to issue shares. Wazzeer is trusted by renowned startups as reliable legal and accounting partner, we will be glad to help you, just 'Get a Wazzeer'about 5 years ago
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