Is LLP suitable for startups?

[forumaccountingbizz]

Absolutely, many startups opt for an LLP due to the fact that it is less complicated to satisfy, has a more flexible management structure and provides limited liability protection. For startups looking to raise venture capital (VC) funds, however, it may be worth considering making the switch to a private limited company for the convenience of raising funds later.

[Notchox]

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