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Legal Framework That Fosters Growth
Setting up a partnership or LLP requires careful consideration of the legal agreements between partners. These agreements outline key aspects like profit-sharing, decision-making authority, dispute resolution, and exit strategies. Radius Law Firm offers clear and concise guidance on which structure best suits your business strategy, helping you make an informed decision about which legal framework will protect your interests while fostering growth. Our legal consultation services ensure that all aspects of your partnership or LLP agreement are well-drafted, legally sound, and customized to meet the needs of your business. We provide clarity on potential risks and offer proactive solutions to avoid future legal complications.
How These Structures Affect You
Partnerships generally offer pass-through taxation, meaning business profits and losses are reported on partners’ personal tax returns. LLPs offer the same tax benefits but with added personal liability protection. Our attorneys explain the tax implications of these business structures and ensure your business is set up in the most tax-efficient and legally compliant way. We provide ongoing support as your business evolves. With a focus on long-term growth and cost-effectiveness, we ensure your partnership or LLP remains legally sound as you move forward.
01
Share Your Business Needs
Begin by providing details about your business goals, the type of partnership or LLP you’re considering, and your specific requirements. Our team will guide you through the best options suited to your needs.
02
Select Your Service & Make Payment
Choose the level of legal support that fits your requirements. Our pricing is clear and affordable, ensuring you get the best legal services within your budget.
03
Legal Agreement Drafting & Filing
We’ll draft your partnership or LLP agreement, ensuring it’s legally sound and aligned with your business goals. After a thorough review, we’ll handle the filing process and ensure compliance with state regulations.
9,300+
Businesses Consulted
With extensive experience in trademark law, we’ve guided over 9,300 businesses in protecting their brand identity. Our expert legal team provides tailored advice to ensure strong trademark protection.
7,500+
Partnerships & LLPs Formed
Successfully establish partnerships and LLPs by providing tailored legal guidance. Our thorough consultation process ensures that your business structure is legally sound.
4,000+
Cases in Progress
At any given time, we are actively handling 4,000+ trademark cases. Our dedicated attorneys ensure timely filings, strategic responses, and ongoing protection for your intellectual property.
Trademark Consultation
Trademark Watch Service
Trademark Renewal
Affordable Partnership & LLP
Consultation Offerings
$99/Quarter*
+ govt fees
$299
+ govt fees
Recommended
$499
+ govt fees
Frequently Asked Questions
A partnership is when two or more individuals share responsibilities,
liabilities, and profits, but they are personally liable for the business’s
debts. An LLP (Limited Liability Partnership) provides the same tax benefits as
a partnership, but partners have limited liability, meaning they aren’t
personally responsible for the business’s debts beyond their investment in the
firm.
If you want to limit your personal liability while maintaining the flexibility
of a partnership, an LLP may be a great option. It protects your personal assets
from business liabilities, which is particularly beneficial if your business
faces high-risk activities or potential debt. Our team can help assess your
specific situation and guide you toward the best option.
Yes, it’s possible to convert a partnership into an LLP. However, the process
requires careful legal attention to ensure that the conversion is smooth and
doesn’t disrupt your business. Our team can help you navigate this transition
and ensure compliance with all necessary legal requirements.
Disputes are not uncommon in partnerships, but LLPs provide better protection
for resolving issues. Our firm can help draft clear dispute resolution clauses
in your agreement and provide legal support if a disagreement arises. We aim to
resolve conflicts quickly and minimize any impact on your business operations.