Set up a limited liability partnership with a draft LLP Agreement.
Order online or by telephone today.
Your new company name:
Our limited liability partnership formation package, at a cost of £34.99 +VAT, is ideal for any type of profession that would normally operate as a traditional partnership, but whose members require limited liability.
It provides registration with Companies House in just 3 to 6 working hours (subject to Companies House workload, it may take longer) and includes a free draft LLP Agreement, digital and printed LLP documents, and access to 1st Formations' Online Company Manager, to maintain and update your LLP details.
As soon as Companies House approves your new LLP registration, we will send your Certificate of Incorporation, LLP documents, and a draft LLP Agreement to your email address.
If you require a formal LLP Agreement, simply email your completed draft to 1st Formations and we will prepare and deliver two printed copies of the document by 1st class post.
If you were to buy the items included in this package individually, it would cost a total of £72.99. Therefore, at a package price of £34.99, you will enjoy a saving of £38.00 +VAT.
Please note:
Your new LLP will usually be formed within 3 to 6 working hours; however, this timescale is subject to Companies House workload and it may take longer. If it is of great importance that your LLP is incorporated as soon as possible or on the same day, we always recommend you add the Guaranteed Same Day Service to your order.
Once your new LLP has been approved by Companies House, you can start trading immediately.
Companies House charge a £12.00 filing fee for company incorporation. This is included in the package price, so what you see is what you pay - there are no hidden costs.
An email copy of the Certificate of Incorporation will be delivered to you as soon as Companies House registers your new LLP.
We will send you an email copy of your draft LLP Agreement, as soon as Companies House registers your new LLP.
If you would like a formal Agreement for your LLP, return your completed draft to us by email.
Please note, that it is not a legal requirement to have a formal LLP Agreement.
A digital version of your LLP's statutory registers, including completed initial entries from the date of your LLP's registration. The documents included in the company register are:
As soon as your LLP is registered at Companies House, we will deliver a printed copy of the Certificate of Incorporation by Royal Mail post.
If you would like your LLP to have a formal Agreement, return your completed draft to us by email. We will then prepare two printed copies of your LLP Agreement and send them to you by Royal Mail post.
It is not a legal requirement to have a formal LLP Agreement; however, it is required if you need to divide the share of profits and capital other than equally.
Add a business bank account to one of our packages and get up to 12 months’ of free business banking.
Complete a simple online application form for your chosen bank and we will prepare your application and send it directly to your bank, as part of your order. Our current banking partners are:
Barclays: 12 months’ of free business banking.
NatWest: Bank whenever it suits you, using simple online and App banking.
Mettle: Add receipts to transactions via an App.
Cashplus: No credit checks, with Mastercard Business card.
Tide: Comes with accounting and invoicing integration via an App.
Monzo: Free UK bank transfers, instant spending notifications, Pots for separating your money, and more.
ANNA: Create and chase invoices, and calculate your tax owed to HMRC via this cutting-edge online banking solution.
Please note: This offer is only available to companies with UK resident directors and shareholders. Companies with overseas directors and shareholders are not eligible for this offer. Account openings are subject to approval.
We have partnered with one of the UK’s leading domain name providers to offer you a free .co.uk domain name for 1 year, and help establish the online presence of your new business.
How it works: As soon as your company is approved by Companies House, we will send you an order fulfilled email, which will include your exclusive voucher and a link to the Names.co.uk website. You should proceed to order your .com or .co.uk domain name and apply the voucher code at checkout. This code will expire in 30 days so take advantage of the offer and get your .com or .co.uk domain name now.
Please note: The price of a co.uk domain will be £0.00 (Ex VAT) when registered with names.co.uk for 1 year using the voucher code supplied. Discounts apply for the first billing period only and do not apply to renewals. Offer must be redeemed within 30 days and cannot be used in conjunction with any other offer. This offer may be withdrawn at any time at the discretion of Namesco Limited. Standard terms & conditions apply. Limited to 1 per customer.
Our Online Company Manager system allows you to take full control of your company details from one central login:
A limited liability partnership offers its members the security of limited financial liability with the more flexible internal structure offered by a traditional partnership.
A limited liability partnership is commonly used by industry professionals who normally work in partnerships, such as solicitors, architects and accountants, but who wish to protect their personal finances by way of limited liability.
It is not a legal requirement to produce a Partnership Agreement, though it is recommended. This can help to prevent any disputes over partners' rights.
A limited liability partnership must have at least 2 members (partners) to be registered with Companies House. There is no upper limit to the number of partners an LLP can have.
« 1st Formations had the most useful and competitive packages and their ordering process seemed so much easier than incorporating directly with Companies House. »
