Setting Up A Llp In Uk | LLP Company Registration in Uk

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

020 3002 0032

or Email Us: contact@formationshunt.co.uk

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

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Director, Naturawood-Ecothec Ltd
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Director, Monster Resources Limited
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Director, Glance Cyber Technologies Limited
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Adrian was very helpfull and patient… Adrian was very helpfull and patient responding all my questions.

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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.

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LLP Package Company Registration

LLP Package

What is a limited liability partnership (LLP)?

How does a limited liability partnership work?

Setting Up an LLP in UK

LLP Company Registration Package

Prefer to order by telephone

020 3002 0032

or Email Us: contact@formationshunt.co.uk

LLP Package

£79.99

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020 3002 0032

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Client Reviews

Carine FAHE

.

Daniel D.

Director, Naturawood-Ecothec Ltd

Nik Ezami

Director, Monster Resources Limited

Rave Isaac

Director, Glance Cyber Technologies Limited

Deng Caihong

.

hossein abdolmaleki

.

Njideka Okafor

Director, Goztech Limited

Foysal Hossain

Director, Perfee LTD

Tuna Başkan

Director, TheDeskworld LTD

Space man

.

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