Company Name Check

Business Service Levels

Apply for a Consultation

Print this Page

Home Home Contact Us Business Start-up for Beginners Starting Up in Business Guide Company Secretarial Service Services for Non-UK Residents Information on Forming a Company Employment and Health & Safety Regulations Methods of Setting up a Company Guarantee Company Registration Public Limited Company Advantages Property Management Company Start-Up UK LLP Registration Offshore Company Incorporation Company Dissolution and Restoration Apostille Legalisation Service VAT Registration Prestigious Virtual Office Bookkeeping & Accounting UK Visas and Work Permits   Trademark registration

RELATED SERVICES UK Company with Bearer Shares Holding Entities: United Kingdom Register a Branch in the UK Company Formation in Northern Ireland Incorporate in the Republic of Ireland Seychelles: Protected Cell Company BVI Corporate Vehicle for Charitable Use Cyprus: VAT Registration Holding Companies in Hong Kong Boat and Yacht Registration Incorporate a Public Company in America

BANKING SERVICES Setting Up Your Bank Accounts Opening a Bank Account in the UK Offshore Bank Account

We Accept

Set-Up a LLP and Register a Limited Liability Partnership (LLP)

UK LLP FORMATION SERVICE. FORMING AN LLP IN THE UNITED KINGDOM. DEFINITION OF LIMITED LIABILITY PARTNERSHIP & LIMITED LIABILITY PARTNERSHIP BENEFITS. WHAT IS THE DIFFERENCE BETWEEN AN LLC AND AN LLP?

Online LLP Formation & Registration LLP Limited Liability Partnership in England: welcome to online Limited Liability Partnership - UK LLP formation agent. Whether you are suited to being your own boss and can start up on minimal resources are questions that can only be fully answered once you take the plunge.

But the below sections will give you the best possible idea as to what's involved in going it alone, where you can find help and how others have fared when starting up a business. We recommend reviewing this site in its entirety, so that you are knowledgeable of the UK jurisdiction and the powers granted to British LLPs. We will guide you through the process of registering your limited liability partnership and establishing your registered identity.

Complete and submit an LLP Application Form. Adequate completion and submission of this form, along with the provision of payment, will enable Coddan to incorporate your proposed LLP within five business days. We will express mail your documents to the mailing address you specify in your incorporation order. Upon your request, we may provide registered address services across the UK (in any city or town) and we may provide you a telephone number with call forwarding from any city and town.
Finding and Using Information:   UK LLP Formation | LLP Incorporation Requirements | Definition of Limited Liability Partnership | Starting a Limited Liability Partnership | The Greatest Benefit of Becoming an LLP |  What is a LLP? | What is the Difference Between a LLP and LTD? | Who Can Register an LLP? |  LLP Tax Aspects | UK LLP Act | Top 10 Requirements & Benefits to Create a LLP | UK Company & LLP Dissolution | LLP Advantages & Disadvantage | LLP Main FAQs | LLP Main Characteristics | Top 10 Requirements & Benefits to Create a LLP | Tax Transparency | Conversions | Tax Reliefs | Double Tax Relief | Property Investment LLPs | Stamp Duty Land Tax and Stamp Duty | National Insurance | 

Important Links

What does LLP stand for? What is the difference between an LLC and LLP? The LLP must have at least two members in the partnership, which can be resident anywhere in the world. The members can be natural persons or corporate bodies. A Limited Liability Partnership or LLP is a relatively new creation that operates much like a limited partnership, but allows the members of the LLP to take an active role in the business of the partnership, without exposing them to personal liability for others' acts except to the extent of their investment in the LLP. All profits in a Limited Liability Partnership (LLP) are split between the members. The tax liability falls on the individual members, not the LLP itself. Most members are likely to be self-employed, so all income should be declared via self-assessment. If an LLP member is another business, they will be liable to pay corporation tax on any income they receive from the LLP. As with other company structures, if the LLP is expecting to generate income of £61,000 or more (from 1/4/2006; previously it was £60,000), they should register for VAT. If they have employees, the LLP should set up a PAYE system to collect income tax and National Insurance contributions.

Suggested Reading

--- Find Our Popular Pages --- Choosing a Form of Business Ownership How Do You Setup a LLP? Ways to Start a LLP Starting Your Own LLP LLP Creation Online Creation of LLP with Registered Address Registration of LLP with Partnership Agreement Formation of LLP with Nominee Members Bookkeeping & Accounting for LLP Virtual Office for LLP Protection in Limited Liability Partnerships Small Business Start Up Setting up UK company Electronic Filing Service Set-Up Offshore Companies Information About Public Companies Advantages of a Limited Company Registered Office Service from - £50.00 List of Readymade Companies LLP Dissolution & Restoration LLP Advantages & Disadvantages LLP Main FAQs LLP Main Characteristics LLP Business Structures Getting Your LLP Up & Running Guide to Starting LLP How LLPs are Taxed? How to Register an LLP How to Start-Up LLP? LLP vs. LLC Delaware LLP Incorporation Incorporate in New York Today Advantages of the Offshore Companies Set-Up Offshore Company Gibraltar Company Formation About BVI Partnership Formations Company Online Registration How to Start a Small UK Business How Do I Get Incorporated? Definition of Holding Companies Should I Start a Small Business? What are the Benefits of Starting Business? What are the Different Types of Business? Start a Home-Based Business How Do I Register My Business? Can I Operate a Small Business from Home? Guide to Starting a Business Limited Company vs Sole Trader How and Why to Register a Trademark Tax Information for Limited Companies Starting and Doing Business in USA Gibraltar Company Formation Florida Shelf Companies Incorporate or Form an LLC Why Incorporate in Nevada? New York Business Incorporation Company Formation in California Florida Company Registration Forming an Offshore Company for - £300 Bookkeeping & Accounting Service UK LLP Formations Bookkeeping & Accounting International Corporate Accounting Audit & Accounting Bookkeepers & Accountants Business Planning & Advice Payroll & VAT Registration Small Business Bookkeeping Bookkeeping & Tax Service Best Accounting Outsourcing Firm Fundamentals of Bookkeeping Accounting Software Accounting Terms Book-Keeping & Accounting Bookkeeping Software Solutions Small Business Advice Start in Business Business for Sale Business Start-up Basics Small Business Planning Complying with Data Protection Law Employing People Free Start-Up Business Guide Starting a Small Business Small Business Finance Start Up Advice Starting Up & Running a Business How to Set Up a Company in the UK Running a Small Business Small Business Support Services Work Permit & Work Visa Guide to UK Immigration UK Work Permits UK Work Visa Services HSMP Highly Skilled Migrant Programme UK Immigration UK Work Permit Permits UK Work Visa Service Do I need to Get a UK Work Permit? Obtaining a UK Work Permit UK Business Immigration Sole Representative Visas for Employers Citizenship and Naturalisation Business and Commercial Work Permits Visas for Persons Wishing to Start a Business Business Investors Visas Business Innovators Visas Training and Work Experience Visas UK - Study/Training Visas UK - Personal Immigration Registering a UK Trademark Fast Trademark Registration Trademark Search Trademark Registration Services How to Apply for a Trade-Mark How to Register Trade-Mark Brand Name Protection Online Trademark Registrations What is a Charity? Why Become a Charity? What Rules do Charities Have to Follow? Types of Charities Do You Qualify as a Charity? Applying for Charity Status Registration of Charity Applying for Tax Exemption Compulsory VAT Registration When to Register for VAT Value Added Tax Registration Pre-registration VAT Limits for VAT Registration Assistance with VAT Registrations VAT Registration Processing --- Find Best UK Prices & Packages --- Private Company Limited by Shares - £32.00 Public Company Limited by Shares - £52.00 Limited Liability Partnership - £125.00 Company Limited by Guarantee - £42.00 Flat Management Company - £42.00 Bearer Shares Company - £142.00 Holding Company - £52.00 UK Branch Office - £150.00 UK Place of Business - £150.00 Registered Office Address - £50.00 Nominee Secretary - £49.95 Nominee Director - £125.00 Nominee Shareholder - £100.00 Shelf Companies - £99.00 Private Company Limited by Shares - £32.00 Public Company Limited by Shares - £52.00 Limited Liability Partnerships - £125.00 Non-Profit Company - £42.00 Property Management Company - £42.00 Holdings Company - £52.00 Scottish Branch - £150.00 Scottish Place of Business - £150.00 Registered Office Address - £50.00 Nominee Secretarial - £49.95 Nominee Directorship - £125.00 Nominee Shareholders - £100.00 Shelf Companies - £99.00 Private Limited Company - £89.95 --- Find Offshore Fees and Packages --- Bahamas Offshore IBC - £805.00 BVI Off-Shore IBC - £525.00 BVI Guarantee Company - £960.00 BVI Limited Partnership - £960.00 Belize Offshore IBC - £450.00 Cyprus LTD Company - £1,100.00 Cyprus Guarantee Company - £1,100.00 Cyprus Limited Partnership - £1,100.00 Gibraltar Non-Resident LTD - £500.00 Hong Kong Limited Company - £660.00 Hong Kong Guarantee Company - £660.00 Hong Kong Limited Partnership - £660.00 Nevis Offshore IBC - £500.00 Nevis Offshore LLC - £500.00 Nevis Exempt Partnership - £550.00 Nevis Limited Partnership - £550.00 Nevis Exempt Company - £550.00 Nevis Private Company - £550.00 Nevis Public Company - £550.00 Panama Corporation - £490.00 Panama Foundation - £700.00 Panama Limited Partnership - £700.00 Seychelles Offshore IBC - £300.00 Seychelles Offshore PCC - £1,450.00 Seychelles Limited Partnership - £700.00 Seychelles Special Company - £950.00 St. Kitts Offshore IBC - £500.00 St. Kitts Exempt Partnership - £550.00 St. Kitts Limited Partnership - £550.00 St. Kitts Exempt Company - £550.00 St. Kitts Private Company - £550.00 St. Kitts Public Company - £550.00 St. Vincent Offshore IBC - £550.00 Off-Shore Shelf Companies --- Find Best USA Prices & Packages --- Alabama Alaska Arizona Arkansas California Colorado Connecticut Washington D.C. Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming --- Popular Offshore Jurisdictions --- Anguilla Argentina Bahamas Belize British Virgin Islands Costa Rica Cyprus Isle of Man Gibraltar Guernsey Hong Kong Jersey Netherlands Antilles Nevis Panama Portugal Seychelles St Kitts St Vincent Venezuela Uruguay --- Ready-Made Companies List --- UK Shelf Companies Scottish Ready-Made Business Arkansas Readymade Companies Delaware Off-The Shelf Companies Florida Aged Companies New York Vintage Companies Nevada Shelf Companies BVI Ready-Made Companies Belize Readymade Company Seychelles Shelf Companies Gibraltar Ready-Made Company Nevis Shelf Companies --- Government Websites --- ACAS (Advisory, Conciliation and Arbitration Service) Adjudicator's Office Treasury Solicitor's Department Boundary Commission for England Business Gateway Business Link Communities and Local Government Department of Trade and Industry (DTI) e-Government Unit Financial Services Authority Foreign and Commonwealth Office General Register Office Her Majesty's Courts Service Her Majesty's Inspectorate of Constabulary Her Majesty's Stationery Office (HMSO) Department for International Development (DfID) Business Eye/Llygad Business Business Link British Library Business and IP Cabinet Office Charity Commission for England & Wales Community Interest Companies Department for Environment Food and Rural Affairs Directgov - Government Information Service Department of Trade & Industry The Electoral Commission Foreign & Commonwealth Office HM Land Registry HM Revenue & Customs Home Office HMSO info4local.gov.uk Information Commissioner's Office Insolvency Service Search the ‘Individual Insolvency Register’ Insolvency Statistics and Analysis Legal Services Commission Office for National Statistics Office of Fair Trading Office of the Regulator of Community Interest Companies Stationery Office Official Documents UK Regional Development Agencies Trading Standards The National Assembly for Wales Welsh Development Agency European Union Link

A limited liability partnership is a legal entity and a body corporate. That means it has a legal personality separate from that of its members. Like a limited company, a limited liability partnership can do all the things an individual or company can do. It can make contracts, sue or be sued, hold property or become insolvent.

By and large, partnership law does not apply to a limited liability partnership, but the arrangements between the partners may closely follow a traditional partnership agreement. A limited liability partnership is not the same as a limited partnership, regulated by the Limited Partnerships Act 1907.

Much of this short LLP Act is taken with amendments to the Income and Corporation Taxes Act 1988.

The profits of the business of a limited liability partnership are taxed as if the business were carried on by partners in partnership, rather than by a body corporate. This ensures that the commercial choice between using a limited liability partnership or a partnership is a tax neutral one. There are fair and foreseeable provisions to restrict set off losses elsewhere against partnership profits of a partner and other anti-avoidance measures.

Capital Gains Tax: The members of a limited liability partnership are charged to Capital Gains Tax in largely the same way as traditional partners in a partnership. Neither the commencement of the limited liability partnership, nor any change of partner is treated as an event-giving rise to a charge to Capital Gains Tax.

Inheritance Tax: The Inheritance Tax Act 1984 has been amended to provide that the partners and partnership assets of a limited liability partnership are treated in largely the same way as those of a traditional partnership.

UK LLP Formation Packages: 

ECONOMY Formation Package* for just £125.00 (with no hidden costs!)
Our fees for our LLP incorporation package are £125.00 and include the following items: LLP registration, Companies House filing fees, bound copy of the completed LLP Agreement. Coddan specialising in incorporation of Limited Liability Partnerships in England, Wales, Scotland and in Northern Ireland. Our incorporation service which ENABLES YOU TO APPOINT YOUR OWN members and registered office details straight away. Your LLP is then submitted for registration with your choices as the original LLP officers. (Note: All partnerships are formed with your own details from the time of incorporation; we do not use nominees as some agents do. We do not register partnerships which have sensitive words free of charge.)

* The Economy Package is ideal for small and medium businesses and for customers who have their own address in the UK, and who have at least two partners appointed as LLP members.