OrganisationForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA BT – FIA FBT › OrganisationThis topic has 2 replies, 2 voices, and was last updated 3 years ago by maximus07.Viewing 3 posts - 1 through 3 (of 3 total)AuthorPosts February 18, 2021 at 12:46 pm #610846 maximus07ParticipantTopics: 446Replies: 437☆☆☆☆What is difference between private company limited Ltd and limited liability partnership LLP? February 18, 2021 at 3:11 pm #610873 Ken GarrettKeymasterTopics: 10Replies: 10536☆☆☆☆☆Both enjoy limited liability, but a Ltd Co has shares, more of which can be issued whereas a LLP does not (and cannot be quoted on a stock exchange.Ltd Cos pay corporation tax on the company’s profit. In LLPs , the partners are self-employed and pay personal tax on their profit shares. February 18, 2021 at 7:48 pm #610886 maximus07ParticipantTopics: 446Replies: 437☆☆☆☆Thank You sir.AuthorPostsViewing 3 posts - 1 through 3 (of 3 total)The topic ‘Organisation’ is closed to new replies.