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Time To Convert

John Keating, Head of Tax, and Jonathan Horrocks, Senior Manager, pass on their practical experience regarding the ins and outs of converting a partnership to a limited liability partnership

 
John Keating Head of Tax and Jonathan Horrocks Senior Manager pass on their practical experience regarding the ins and outs of converting a partnership to a limited liability partnership
 
Many professional advisers have been burying their heads in the sand and ignoring limited liability partnerships (LLPs). They do so at their peril as the traditional approach of incorporate or not is no longer good enough. Now the choice must include LLPs as a realistic alternative operating vehicle for almost any business.
 
This article addresses the practical issues that will arise when converting a partnership to an LLP....

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