Limited Liability Partnerships or LLPs are hybrids of Partnerships and Limited companies. If you are a partner in an LLP, you are not personally liable for debts the company cannot pay. Your liability will be limited to the capital that you have invested in the business. LLPs also have different obligations to other types of company when preparing their accounts. At DBS Corporate, we have years of experience to draw upon when it comes to setting up LLPs and helping them with their accounts and finance.