The limited liability partnership have similarities with the limited partnership in some place, but this does not means they are identical systems .

有限责任合伙与有限合伙有一些相似之处，但两者并非同一制度。

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A partnership in which all partners may participate in management, but have limited liability for the actions of fellow partners.

有限责任合伙企业是一种所有合伙人都参加管理，但对其联属合伙人的行为负有有限责任的合伙企业。

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Limited partnerships are created when the partners wish to limit their personal liability for the partnership.

当合伙人希望在合伙关系中限制他们的个人责任时，有限合伙就被创造出来了。

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The Edwards report also makes no mention of an attempt to push limited-liability partnership legislation through the Jersey parliament in 1995, at the request of two international accountancy firms.

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The Thomsons set up their partnership as a limited liability company, which is often the best way to hold real property.

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What are the pros and cons of a Limited Liability Partnership (LLP) registration versus a Private Limited registration for Indian startups?

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