The full form of LLP is Limited Liability Partnership. It’s used on Business ,Business Terms in Worldwide
A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liability. It therefore exhibits elements of partnerships and corporations. In an LLP one partner is not responsible or liable for another partners misconduct or negligence. This is an important difference from that of an unlimited partnership.
LLP
means
Limited Liability Partnership
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