Hi guys, I need help with filling cs for LLP. Two people, equal profit. What shall I tick in section Nature of control?
The most common statements would be: -
The person holds, directly or indirectly, the right to share in more than 25% but not more than 50% of any surplus assets of the LLP on a winding up.
The person holds, directly or indirectly, more than 25% but not more than 50% of the voting rights in the LLP.
However, always best to check the individual circumstances.
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