Limited Liability Partnerships New Requirements – Guidance Note

It is often tempting to think that running a business by way of a limited liability partnership (‘LLP’) avoids much of the bureaucracy associated with a traditional company structure. However, following the coming into force of recent legislation and regulations, this advantage is reducing. 

Michael Archer, James Hutchinson and Ben Spannuth consider some of the requirements that now affect or that will shortly affect LLPs.

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