A Deed of Limited Liability Partnership (LLP) is a legal agreement that describes the rights, duties, and responsibilities of partners in an LLP. It contains information such as the company name, management responsibilities, profit sharing ratio, partner contributions, and conflict resolution processes. This action guarantees smooth corporate operations and helps to prevent conflicts. All partners must sign it, and it must be registered in accordance with the law. A well written LLP deed protects each partner's interests and offers clarity.
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