Overview

US limited liability partnerships (LLPs) operating in London do not wish to be required to file accounts and so disclose their figures. This is an understandable wish; and is one that is probably shared by English LLPs, who are required to file accounts. The Government has decided to follow — for the time being, at least — a course that meets the US wish. US LLPs are not, of course, the only overseas LLPs who carry out business in the UK. But they are clearly the most prominent overseas LLP presence here.

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