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Limited Liability Partnerships A Limited Liability Partnership combines the benefits of the traditional partnership in respect of legal affairs and tax treatment together with that of limited liability to protect partners’ personal assets. Incorporation is a simple process, which we have tailored to provide an easy route to completion of the necessary formalities. Once you are happy with your decision that an LLP is the correct vehicle for your business venture, simply follow the link below to our LLP order form and submit the information as requested. The cost of this service is just £60.00 plus VAT. Please note that you must complete and send us a LL IN01, which you can download from our company forms page or which we can send you separately. We will then ensure that the requirements of the Registrar of Companies have been met and submit the necessary documentation to Companies House to incorporate the new LLP. Companies House has not yet enabled LLP incorporation for electronic filing so your LLP pack will be despatched in around 5-10 working days. This will include the Certificate of Registration together with partners' minutes establishing the LLP, a completed register of Members and extensive Companies House notes on the operation and management of an LLP. As with any business partnership it is vital that the partners draw up a suitable written agreement to determine issues such as control, division of revenue and exit strategies. You may wish to consult your legal advisers in this respect or use our standardised LLP Partnership Agreement as a governing document. Please ontact us for further details. See our customer services section for more information and guidance on Limited Liability Partnerships.
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