Partnership Firm Deed

  Separate Legal Entity:  An LLP is a separate legal entity, which means it can own assets, enter contracts, and sue or be sued in its own name.

  The firm may dissolve if a partner exits or passes away (unless otherwise stated in the agreement).

  Profits are distributed among partners without corporate taxation.

https://www.youtube.com/watch?v=S7vXWAiNoy8

https://www.youtube.com/watch?v=2JE-iHgVT5I

https://www.youtube.com/watch?v=qUgFQdL3rA8