020 8492 6363 LOGIN INTO ACCOUNT HOME WHY CHOOSE US COMPANY FORMATIONS COMPANY SERVICES CONTACT US Limited Liability Partnerships A Limited Liability Partnership (LLP) is similar to an ordinary partnership in that a number of individuals or limited companies, known as the “Members”, share in the risks, costs, responsibilities and profits of the business. The difference is that liability is limited to the amount of money they have invested in the business and to any personal guarantees they have given to raise finance. This means that members have some protection if the business runs into trouble. An Limited Liability Partnership (LLP) does not have a share capital or a set of Memorandum and Articles of Association. Instead, the Members of the Limited Liability Partnership can choose to put in place a Limited Liability Partnership Agreement that binds all the members. This document is not required to be sent to Companies House and is therefore not available to the public. A1 can produce a Limited Liability Partnership Agreement tailored to your requirements (additional costs apply from £150 + VAT) Limited Liability Partnerships are treated in the same way as ordinary partnerships insofar as the members are taxed as individuals on the amounts taken from the Limited Liability Partnership’s profits rather than as shareholders becoming liable to Corporation Tax on the dividends paid to them. Limited Liability Partnerships are commonly used by professional practices such as accountants, lawyers, architects, etc. Our comprehensive limited company formation package includes the following: Name clearance Certificate of Incorporation Limited Liability Partnership (LLP) Agreement (additional fee applies) First Minutes of the Members Prices Limited Liability Partnership £75.00 Limited Liability Partnership agreement Add from £150.00 How to Order To order a Limited Liability partnership please contact us via our enquiry form or call us on 020 8492 6363 . Section Navigation Ready Made Companies Limited by Guarantee Public Limited Company Limited Liability Partnerships Flat Management Companies Right to Manage Companies Community Interest Companies Start UK Company Formation START FORMATION Company Formations UK Limited Companies Ready Made Companies Limited by Guarantee Public Limited Company Limited Liability Partnerships Flat Management Companies Right to Manage Companies Community Interest Companies Company Services Post Incorporation Services Nominee & Secretarial Services Company Searches Company Documents & Products Utility Links Why use us Contact us Login to account Terms & conditions Privacy Policy Cookie Policy Company Information Formations Direct Limited t/a A1 Company Services, registered in England & Wales Company No.: 04267328. Registered Office: Woodberry House, 2 Woodberry Grove, North Finchley, London N12 0DR | VAT Registration No.: GB 874 6436 87 © Copyright 2021 by Formations Direct Limited t/a A1 Company Services. All rights reserved.