UK LLP Company
- Registration
- from €999
- From year two
- from €999 / year
LLP company, Limited Liability Partnership
A legal form of business whose main feature is that it combines the characteristics of a limited liability company and an ordinary partnership. What it shares with limited companies is the ability to have the status of a legal entity, which made it possible to separate the status of the partnership from that of its members, the partners; accordingly, LLP members bear limited liability, unlike in an ordinary partnership. What an LLP shares with an ordinary partnership is organisational flexibility and tax status.
However, there are some restrictions on the choice of activities: insurance, banking, consumer lending, recruitment.
An LLP is an excellent alternative to classic offshore companies in terms of taxation, while at the same time having the status of a prestigious jurisdiction.
Company registration
- A company with the name of your choice is registered within 1-2 days.
- Names will end in LLP.
- We will be happy to check the company name you have chosen.
- You can also check whether a name is available for registration on the Companies House website.
Incorporators, directors and officers
- Each company must have at least two partners, who may be individuals or legal entities.
Company requirements
- The company must be registered with Companies House
- Annual returns must be filed with Companies House
- A small annual fee must be paid to Companies House every year
- Nominee directors and shareholders are permitted
- Partners may be non-residents
- A partner may be a legal entity
Share capital
- there is no share capital; the role of the articles in a partnership is played by the partnership agreement
Confidentiality
- When a nominee service is used, the true owner of the company cannot be identified
Shares
- There are no shares
Taxation
- A limited liability partnership whose partners are two companies from classic offshore jurisdictions (Belize, BVI, Panama) is exempt from taxation.
Reporting
- An annual return must be prepared every year and filed with Companies House together with the key data relating to the company.
- Although the companies we register are exempt from taxation, they are still required to undergo an audit. (contact us for the cost of the audit)
Registration timeframe
- A company in the United Kingdom is registered within 3 working days of choosing a name.