Partnership

[Edi]

I'm turning my DBA to limited liability and allow my partner to be part of the bussines.
What's best Limited liability partnership or Limited liability company?

 

[Reach]

That depends on what you are doing, and why. Your accountant or business lawyer would be the best to answer that question. Personally I prefer the LLC over the LLP, as it’s easier to add/subtract members, and you can have members with different shares, I’m not sure if you can do that with an LLP.

So best advice I can give, again, is to talk to your accountant or lawyer.

 

[Fivepoints]

You need to go see a business attorney in your state. Here we only have llc.

 

[Edi]

Thank you

 

[ATH]

'the only ship that won't float is a partnership'

LLC