Limited Liability Partnership Formation
A Limited Liability Partnership, most commonly known as an LLP , has no Director, Secretaries, Shareholders or a Share Capital. Instead it is set up with members and designated members, the members can choose to state their contribution to the partnership when they are in the process of establishing the company. This type of company is commonly used by Solicitors and Accountants as each partner will have protected limited liability.
Our packages for a Limited Liability Partnership are shown below. If any of the packages do not suit your requirements, please contact us and we can tailor make a package to suit your requirements.
Reserve Name The simple way to reserve/protect a company name£13.50Buy now >
E-Mail Package A package, delivering all the required company documents by email£27.95Buy now >
Premium Package A quick company formation, with the required legal documents emailed and printed£44.95Buy now >
Privacy Package Full UK Company Formation with email documents, with full privacy on your home address and protection from fraudulent activity £162.50Buy now >
Business Package Protect the privacy of your address and receive professionally bound printed documents. Includes everything you need ready to start your new business £166.50Buy now >
Non-Resident Package This package is specially tailored for non-residents incorporating a Company in the UK. Includes all the necessary address and maintenance services for you to establish a full UK presence £196.50Buy now >
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|3 hour Online Formation It’s quick and easy to complete our online application. Your company should be ready to trade in 3 hours, our quickest time is 6 minutes (times are subject to Companies House).|
|Government Registration Fees Companies House Registration Fees are included in all of our packages and prices. There are no hidden extras.|
|Emailed Copy of Certificate of Incorporation A PDF version of your Certificate of Incorporation. This is an official document which confirms your company name and company number.|
|Ready to Trade Company As soon as your application has been approved by Companies House, your new limited company will be ready to trade.|
|Free UK Bank Account Referral A Free Referral to a UK Bank for UK Residents only|
|Introduction to an Accountant A free referral onto a recommended accountant to assist you with your company accountancy requirements|
|Online Company Secretarial Services Our Company Secretarial Services is linked directly to Companies House. You can view your live company details and make live changes to your company.|
|All Official Company Documents emailed to you Once your company has been formed we will email you a completed set of your new official company register documents and share certificate.|
|Emailed Copy of Member Certificate(s) An electronic version of your Member Certificate. This is a legal document which confirms the members within your company.|
|Emailed Copy of Company Register with first entries An electronic version of your Company Register fully completed with the first entries from your company registration.|
|Emailed Copy of the Minutes of First Board Meeting An electronic version of a suggested initial board meeting where the initial resolutions for your company were passed.|
|Web Code to make future changes to your company For added security to your company. This code is unique to your company, and can be used to make electronic changes. Not many Company Formation Agents provide this service.|
|Laminated Certificate of Incorporation The Certificate of Incorporation is an essential document that confirms your company exists. It is recommended that you have a printed version of this certificate which we can laminate.|
|Bound Company Register Includes your Certificate of Incorporation, Memorandum of Association, Minutes of First Board Meeting, Company Register with First Entries and Share Certificate printed and professionally bound together.|
|Printed Certificate of Incorporation (included in Bound Register) A printed copy of your Certificate of Incorporation. This is an official document which confirms your company name and company number.|
|Printed Member Certificate(s) (included in Bound Register) A printed copy of your Member Certificate. This is a legal document which confirms the members within your company.|
|Registered Office Official Letters (Companies House and HMRC) Wood Green, London This provides your company with a Registered Address located in London, the capital city of the UK. Your address will be protected as our address will appear on public records.|
|London Correspondence Address for 1 Director The Correspondence Address is the address show on public records for the officers within your company. This will prevent your private address from being displayed on the Public Records|
|Fraud Protection The Fraud Protection service helps protect your company from Fraudsters. This stops most paper documents from being filed for your company, forms can be filed electronically using your unique code.|
|Monetary Account Introduction A Monetary Account is similar to a Bank Account; the Account is all based online. You can make and receive transfers in multi currencies. Accounts are usually opened within 24 hours|
|Registered Office Official Letters (Companies House and HMRC) Doncaster, South Yorkshire The Registered Office is shown on public records as the official address of your company. Your home address will be protected as our address will appear on public records.|
|VAT Registration Assistance with obtaining a unique VAT Number for your company It is optional to apply for VAT. However, if your taxable supplies exceed £81,000 in 1 year, you must register for VAT|
The partners witihn the LLP do not have any responsibility for the company’s debts. The members of the LLP can agree between themselves how the company will be managed and how the capital will be owned and profits shared. These arrangements can be changed simply by an agreement between the members at any time.
Why choose a Limited Liability Partnership?
- An LLP has the tax status and complete organisational flexibility of an ordinary partnership. This means it can adopt whatever internal structure it likes without requiring a Memorandum or Articles of Association, or needing to hold board or general meetings.
- Any profit-sharing, arrangements, decision-making structure and other internal rules remain private between the LLP Members
- An LLP has reduced personal responsibility for the businesses debts
- LLP`s are very flexible and there can be a number of tax advantages by choosing this type of business structure
- An LLP does not have a Memorandum or Articles of Association, therefore they can adopt their own internal structure
- Instead of Articles, an LLP has an agreement which can be created internally within the company. We can also provide you with a draft agreement, if required
A Limited Liability Partnership is usually incorporated within 24 hours and ready to trade. However we have previously incorporated a company within 6 minutes but we are dependent on the workload at Companies House.
Requirements for a Limited Liability Partnership
To register a Limited Liability Partnership, you will be required to supply the following:
- The company name including the name ending of ‘Limited Liability Partnership’ or ‘LLP’
- The Registered Office Address located in the UK, we can supply an address if required
- A Minimum of 2 Members
- At least 2 of the Members must be Designated Members
- Name and Address of each Member and Designated Member
An LLP can be incorporated electronically on our system. Once all relevant information has been provided, you will receive your Certificate of Incorporation confirming the existence of your company and many other fully completed incorporation documents.