24/7 Customer Support

icon

LLP Package
Company Registration

LLP Package

What is a limited liability partnership (LLP)?

A limited liability partnership (LLP) is a business structure that blends features of a traditional partnership. In an LLP you need atleast two members as partners, the partners are not personally liable for the debts and obligations of the partnership, unlike in a general partnership where each partner can be held responsible for the entire partnership's liabilities. This limited liability feature provides partners with a valuable safeguard, shielding their personal assets from being seized to pay off the partnership's debts or legal judgments. The structure is particularly appealing for professional service firms, such as law practices, accounting firms, or medical groups, where individual partners may face a higher liability exposure due to the nature of their work.

How does a limited liability partnership work?

An LLP maintains the flexible management structure and tax benefits of a partnership, where profits and losses flow directly to the partners' individual tax returns. Partners in a limited liability partnership can focus on the day-to-day operations of the business without the worry of being personally sued or having their personal assets at risk. Overall, the LLP model offers the best of both worlds - the managerial freedom of a partnership coupled with the liability protection of a corporate structure, making it an increasingly popular choice for businesses seeking to limit their risk while maintaining operational flexibility.

Setting Up an LLP in UK

The LLP formation package is the best option for those who can operate a business on a partnership basis but the members require limited liability. Available at £79.99 +VAT, get your company Limited Liability Partnership registered with the Company House in just 3-6 hours.

LLP Company Registration Package

We can get your Llp Company Registration done with the Company House in just 3-6 hours. After the completion of the process, you will receive a free LLP draft agreement, a printed LLP document, and an online company manager who will update and maintain the LLP details of your company in the best way.

Get a free domain name

With the advancement of technology, having a website has become an essential part of company formation. Our team provides you with a free domain name under .co.uk or .com for 1-year, after which you will have to renew.

Maintain your company with an Online Company Manager

With an online company manager, you can now make use of an easy-to-use Customer Dashboard to access a range of services and facilities to manage your companies online in a hassle-free manner.

Prefer to order by telephone

If you are not confident in completing your new company order online - call our friendly team and we will complete your order by telephone

LLP
Package

£79.99

Includes

  • Company house fees paid by us

  • Email/Printed Copy of Certificate of Incorporation

  • Email/Printed copy of Draft LLP agreement

  • Printed company documents delivery with tracking

  • Free pre-submission review

  • Free business bank account

  • Free Online Company Manager to Maintain your Companies

  • Free domain name .co.uk for 1 year

Services you might need
with this package

You have the opportunity to add these extra services during the order process

4.8
Formations Hunt 5 Star Rating on Google
271 Reviews
4.5
Formations Hunt 4.5 Star Rating on Google
640 Reviews
4.8
Formations Hunt 5 Star Rating on Google
451 Reviews
Non UK Resident
Package

Our idea is to help our non-UK clients set up their businesses effortlessly and without any hassle. Thus, we provide them with a range of services to ensure a streamlined working experience with us.

call

Call Us:

020 3002 0032

Take a look at our
Full secretary services £149.99

At Formationhunt, you can avail of the best full company secretary service that includes a company secretary and a dedicated and efficient account manager who will take care of the entire statutory registers, make changes in the company as per your instructions and prepare and file company’s confirmation statement.

Need a
little help?

We love talking to you when it comes to creating something new. We want you to remember us always, let’s be good for good and for a good reason. Reach us through your voice or writing.

Client Reviews

google facebook trust
  • trustpilot
    Formations Hunt 5 Star Rating on Google
    Quote Icons

    I had the pleasure of speaking with Sam from Formations Hunt support, and I have to say, their service is exceptional! Sam was incredibly helpful, knowledgeable, and made the entire process seamless.... Read More

    Foysal Hossain

    Director

  • trustpilot
    Formations Hunt 5 Star Rating on Google
    Quote Icons

    They really have a very good supportive… They really have a very good supportive staff and very patient in answering any of the questions. And I strongly suggest working with Sam and Andrina

    Shanker Pisupati

    Director

  • trustpilot
    Formations Hunt 5 Star Rating on Google
    Quote Icons

    I suggest them to everyone who wanna… I suggest them to everyone who wanna form a company in the UK. They are awesome in everything. Support team responses as same speed as light and their consultant... Read More

    Mohammad Mosalla

    Director, Aspire Bridge LTD

  • trustpilot
    Formations Hunt 5 Star Rating on Google
    Quote Icons

    Never felt like I’m alone during the process They were online all the time and they would respond to all of my questions immediately.

    Hossein Abdolmaleki

    Director, Exicita LTD

  • trustpilot
    Formations Hunt 5 Star Rating on Google
    Quote Icons

    greate service

    Levan Kapanadze

    Director, Lioprofcorp LTD

  • trustpilot
    Formations Hunt 5 Star Rating on Google
    Quote Icons

    Adrian was so helpful, was worried to make mistake setting up the company, he was patient, and really helped me. feel confident now. thank you, you are a gem

    Carine FAHE

    .

  • trustpilot
    Formations Hunt 5 Star Rating on Google
    Quote Icons

    Réactivité, efficacité et sérieux J'ai été surpris par la réactivité de cette société et son efficacité pour traiter mon dossier. Je la recommande à tous ceux qui recherchent un partenaire fiable et... Read More

    Daniel D.

    Director, Naturawood-Ecothec Ltd

  • trustpilot
    Formations Hunt 5 Star Rating on Google
    Quote Icons

    Superb and clear user interface for… Superb and clear user interface for company formation data entry via the website. Easy layout. Great support and assistance from Adrian as well via whatsapp. Woul... Read More

    Nik Ezami

    Director, Monster Resources Limited

  • trustpilot
    Formations Hunt 5 Star Rating on Google
    Quote Icons

    I recently had the pleasure of working… I recently had the pleasure of working with FormationsHunt for the incorporation of our organization, and I must say, the experience has been outstanding! From... Read More

    Rave Isaac

    Director, Glance Cyber Technologies Limited

  • trustpilot
    Formations Hunt 5 Star Rating on Google
    Quote Icons

    Is kindly and good answer for me .thank… Is kindly and good answer for me .thank for the answering.

    Deng Caihong

    .

Our Banking Partners

Frequently Asked Questions

Go to the packages section, choose LLP company registration package to proceed further. You need to have a minimum of two designated members to fulfil all the legal duties of the company. It's also necessary to have at least one 'general partner' and one 'limited partner' in your company, which can be either a person or a business entity.

Yes, a Limited Liability Partnership (LLP) must have its name that ends with the letters LLP to be a registered company in the UK at Companies House, the official Registrar of Companies in the UK.

The partners in a Limited Liability Partnership (LLP) are the owners who actively manage the business. In an LLP, each partner serves both as a manager and an owner. Conversely, in a Limited Company (Ltd), the shareholders, who are the owners, do not possess managerial authority. In a Ltd company, the management structure is distinct from ownership, with the board of directors responsible for overseeing the company's operations.

Limited Liability Partnerships may exhibit lower tax efficiency compared to other business structures, as their profits are taxed as personal income and cannot be retained within the entity. Additionally, LLPs are required to submit their financial statements to Companies House. A minimum of two members is necessary for an LLP to operate. In cases where an LLP is reduced to a single member due to any exit or death, it is allowed to continue its operations for a maximum of six months. Furthermore, businesses and clients might perceive LLPs as less credible than other corporations. It is important to note that partners are not legally obligated to seek the input of their fellow partners when making business decisions.

Partners in a Limited Liability Partnership in the UK typically receive compensation through a mix of profit distributions, salaries, and guaranteed payments. The specific payment methods and amounts vary based on the LLP's internal structure and the partners' agreement.

Chat