Partner Leaving an LLP

Discussion in 'Growing and Managing a Business' started by Axus, Feb 26, 2015.

  1. Axus

    Axus
    uix_expand uix_collapse
    New Member

    Joined:
    Feb 26, 2015
    Messages:
    1
    Likes Received:
    0
    A friend of mine and I started a company 3 years ago. We are a very small company and do this along side with our 40 hour a week jobs.

    My partner has decided he would like to leave the company/partner ship. We have already come to an agreement on the buy-out.

    Now that it will be just me can the company stay as a LLP or do I need to change that to something like a LLC?

    Thanks,

    -Chris
     

Share This Page