Business Law Learning Set 4 Flashcards

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1
Q

What is required for formation of an LLP

A
  1. Certificate of incorporation
  2. Two designated members (who must perform admin adn filing duties)
  3. Registered address
  4. Name ending with LLP/limited liability partnership
  5. Details of Persons with Significant Control

NOT necessary: LLP agreement. This is a private agreement between members

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