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HatchedLake721 4 hours ago

Why LLP over Ltd?

ExpertAdvisor01 4 hours ago | parent [-]

Because it's transparent so you pay income tax ( which is lower than corp+dividend taxes especially at lower incomes ) .

Later on when you scale, you can convert the LLP into an LTD.

Also you might avoid exit taxes as it is an partnership , if you move between countries.

Also there is basically no information in the post besides 2 founders in different countries.