Limited Liability Partnerships
What Is A Limited Liability Partnership (LLP)?
This service is for those clients who wish to register as a partnership and not as a Limited Company.
Unlike members of ordinary partnerships, the LLP itself is responsible for any debts that it runs up, and not the individual partners. This type of company is usually only used by groups such as Solicitors and Accountants as each partner will have protected limited liability. Each setup is done individually from any other LLP.
Reasons To Register A Limited Liability Partnership
The reasons people form partnerships mostly is that they want to register but not as a limited company. An LLP provides the following benefits:
- It is a separate legal body so it can own property and assets etc
- It provides limited liability protection for its partners
- It does not need directors or shareholders
- It also does not need memorandum and articles of association
We can complete this registration for you making sure that the application is dealt with professionally and therefore no errors meaning no delays. This takes approximately three to four working days after receipt of the list of members.
How To Register A Limited Liability Partnership
We can supply this service for you at a cost of £129.99 plus VAT, which includes the payment of both the solicitor’s fees and Companies House duty. Simply purchase our Limited Liability Partnership package below and we will begin the process for you.