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Advice & Best PracticeFeatures

Navigating the shift: why accounting firms choose an LLP over Ltd structures

By Kiran Chotai, Senior Manager at haysmacintyre

Traditionally, accountancy practices had been operating via a sole trader or a general partnership structure. Since the introduction of the Limited Liability Partnership (LLP) in 2001, many practices adopted this and nowadays, it is not uncommon to see them operate via one of the above structures, or a Limited Company (Ltd).    

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