Assuming that a successful unanimous vote was taken to convert from a partnership to an LLP, it should be straightforward for the partners to subsequently agree to dissolve the partnership, to conclude the conversion process.<\/p>\n"},"excerpt":{"rendered":"

Many professional businesses which have traditionally been run as partnerships have decided to convert to limited liability partnerships (LLP) since the introduction of the Limited Liability Partnerships Act 2000. LLPs provide some of the benefits of incorporation and limited liability, whilst retaining aspects of a traditional partnership. So, what are the advantages of converting a…<\/p>\n","protected":false},"author":10,"featured_media":8079,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false},"categories":[1236],"tags":[],"class_list":["post-8080","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-limited-liability-partnership","category-1236","description-off"],"acf":[],"yoast_head":"\n