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1. • Limited liability partnership

     • A limited liability partnership (LLP) is a partnership whose partners are authorized to provide professional services and that has registered as a limited liability partnership under Article 8-B of the Partnership Law of New York State or under the laws of another jurisdiction.
     www.tax.ny.gov › pit › efile

     Limited Liability Companies (LLCs) and Limited Liability ...

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   What is a limited liability partnership in New York?

   • ' A limited liability partnership, or LLP, is an entity that is comprised of partners that provides professional services under the laws of New York or other jurisdiction. Both LLCs and LLPs are treated as partnerships in regard to taxation at both the federal level and for New York state taxes.

   PLLC vs LLP New York | UpCounsel 2020

   www.upcounsel.com/pllc-vs-llp-new-york

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   What is a limited liability partnership (LLP)?

   • A limited liability partnership (LLP) is a partnership whose partners are authorized to provide professional services and that has registered as a limited liability partnership under Article 8-B of the Partnership Law of New York State or under the laws of another jurisdiction.

   Limited Liability Companies (LLCs) and Limited Liability Partnerships

   www.tax.ny.gov/pit/efile/llc_llp.htm

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   How does an LLP work in New York?

   • In most cases, an LLP will be formed when two or more individuals come together and set up a business. All the partners involved in the LLP are required to register their partnership in the state they are based in, which in your case, should be the State of New York. A registered agent is also needed to represent the partnership in New York.

   Understanding Limited Liability Partnerships and Local Regulations in

   www.upcounsel.com/understanding-llps-in-new-york

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   Are LLP partners liable for malpractice in New York?

   • Of course, under New York limited liability partnership law, even in an LLP, each partner remains personally responsible for their own professional practice and any liability that may come from it, e.g., liability for malpractice.

   How Do I Start an LLP in New York? | LegalMatch

   www.legalmatch.com/law-library/article/how-to-form-a-llp-in-new-york.html

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3. www.legalmatch.com › law-library › articleHow Do I Start an LLP in New York? | LegalMatch

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   Jan 31, 2024 · What Is an LLP in New York? A limited liability partnership (LLP) is a business structure that allows limited partners to operate without the risk of becoming personally liable for the debts and liabilities of any of the other partners.

4. www.tax.ny.gov › pit › efileLimited Liability Companies (LLCs) and Limited Liability ...

   www.tax.ny.gov › pit › efile

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   Mar 19, 2024 · A limited liability partnership (LLP) is a partnership whose partners are authorized to provide professional services and that has registered as a limited liability partnership under Article 8-B of the Partnership Law of New York State or under the laws of another jurisdiction. Tax treatment of LLCs and LLPs

5. www.upcounsel.com › understanding-llps-in-new-yorkUnderstanding Limited Liability Partnerships and Local ...

   www.upcounsel.com › understanding-llps-in-new-york

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   Understanding Limited Liability Partnerships and Local Regulations in New York. Starting a Limited Liability Partnership: A Guide3 min read. A limited liability partnership (LLP) is an alternative business structure structure where two or more persons come as partners to form a distinct business entity.

6. dos.ny.gov › forming-limited-liability-company-newForming a Limited Liability Company in New York | Department ...

   dos.ny.gov › forming-limited-liability-company-new

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   An LLC is an unincorporated business organization of one or more persons who have limited liability for the contractual obligations and other liabilities of the business. The Limited Liability Company Law governs the formation and operation of an LLC. An LLC may organize for any lawful business purpose or purposes.

7. www.upcounsel.com › pllc-vs-llp-new-yorkPLLC vs LLP New York | UpCounsel 2024

   www.upcounsel.com › pllc-vs-llp-new-york

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   Nov 11, 2020 · A limited liability partnership, or LLP, is an entity that is comprised of partners that provides professional services under the laws of New York or other jurisdiction. Tax treatment of LLCs and LLPs. Both LLCs and LLPs are treated as partnerships in regard to taxation at both the federal level and for New York state taxes.

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9. www.upcounsel.com › starting-an-llp-in-new-yorkStarting an LLP in New York - UpCounsel

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   Starting a limited liability partnership (LLP) in New York State requires an understanding of local laws and regulations. An LLP has characteristics of both a corporation and a partnership. It combines the limited liability of a corporation with the tax structure, ease of formation and operational features of a partnership.

10. www.forbes.com › advisor › businessLLC Vs. LLP: Key Differences Between The Two ... - Forbes

    www.forbes.com › advisor › business

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    Jul 7, 2022 · Limited liability companies (LLCs) and limited liability partnerships (LLPs) are two common legal classifications for small businesses. While the two sound very similar, there are...