LLP Company Formation

£24

Limited Liability Partnerships

Select our additional services to help your Company get off to the right start and get discounts with 3 or more services

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Services Price

Limited Liability Partnerships

£24

If you and your trading partners are looking to establish a limited liability partnership, you’ve come to the right place! Whether it’s a new launch or an upgrade from a sole proprietorship, 1st Choice Formations offers a seamless transition to the new LLP model. Here is everything you need to know about our Limited Liability Partnership (LLP) Formation Service

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Registered Office Service

£15

Companies House will publish director’s residential address on their website, which is available for anyone to access. As a consequence your personal information will be available to complete strangers

2: Scanned post is stored free of charge in our secure Docustore portal. This means you will never have to search through your emails to find the post we have scanned for you.

Certificate of Incorporation

£4

As authorised agents of Companies House, we will issue a Certificate of Incorporation printed on official paper with an image of the Companies House seal. The certificate gives the date on which your company is incorporated and the company number.

Vat Registration Service

£26

If you intend to register for VAT and can supply us with all the required information to register, our service is fast and efficient. You will need to provide the following information. The nature of your sales, The estimated turnover, Previous vat history, Address from which your goods or services will be provided.

Business Telephone Service

£10

Subscribe to our affordable telephone service and start taking sales calls straight away. We will provide you with your own unique 020 London or regional telephone number. You can use this number as your new business number on your company stationery, website, and advertising media. Calls will be forwarded to your mobile or landline handset for you to answer.

Summary 1

GET DISCOUNTS WITH 3 OR MORE SERVICES

Charge for services £24.00

Service items discount £0.00

Total order £24.00

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Business bank account

You can select a business bank account during the order process

Including 12 months of free business banking

Including 12 months of free business banking

Including 12 months of free business banking

Multi-Owner Business Accounts For Small Businesses.

Including 12 months of free business banking

What’s Included:

  • New Ready To Trade Limited Liability Partnership Company
  • Companies House Filing Fee Paid By Us
  • Digital (PDF) Company Documents
  • PSC Register - A New Legal Requirement
  • Free Online Company Manager to Maintain your Companies
  • Free Online & Telephone Support For The Life Of your Company
  • Web Authentication Code To Update Companies House Records

Optional Free Services:

  • UK residents can be referred to a High Street Bank
  • Referral to a Merchant account provider allowing customers to take debit and credit card payments
  • 1 hour consultation with Accountants. Either face-to-face or by skype
  • Optional referral to a payroll bureau
  • Optional referral to bookkeeping and accounting bureau
  • Introduction to online accounting software with introductory benefits

Additional items available at checkout

You can add these items during the order process

Official Post Redirection Service

£ 1/yr.

Commercial Mail Upgrade

£ 54/yr.

Commercial Mail Forwarding

£ 84/yr.

UK Post Box Service Upgrade

£72/yr.

Corporate Hijack Protection

£2/yr.

Telephone Starter Pack

£10.

Confirmation Statement With Formation

£29.

Company Seal

£30.

Certificate of Good Standing

£30.

Apostille Service

£60.

What Exactly is a Limited Liability Partnerships (LLP)?

A Limited Liability Partnership (LLP) is a business structure used by professionals with a profit motive. As opposed to a limited company, which can be formed by a single person. An LLP requires at least two partners for formation. The LLP structure provides personal liability protection from creditors. For overseas partners there can also be significant tax benefits.

Designated Partners

Regardless of the total number of individuals planning to be partners, an LLP formation requires two designated partners. When completing your online application for LLP formation, you’ll need to specify which two partners will assume the role of a designated partner. If you don’t specify the names of the partners and their designations, Companies House will assume that all partners are designated. Their position resembles that of a company secretary and they have the following responsibilities:

  • Appoint an auditor when required.
  • Signing the accounts of behalf of all partners and submitting them to the Companies House.
  • Filing an annual return to the Companies House.
  • If there’s a change in the details of the partnership itself or any of the partners, the designated partner is supposed to make related updates to the Companies House
  • Representing and taking action on the partnership’s behalf in the event of dissolution or when it’s wound up

Constitution of the partnership

It’s important to note here that LLP formation doesn’t have Articles of Association, which is part of limited company formation. The constitution of the partnership is represented by the partnership agreement. While a partnership agreement is formulated the majority of times, it isn’t a legal requirement for LLP formation.

LLPs are Always Formed with a Profit Motive

If you recall what LLP means, it refers to two or more individuals partnering to conduct business with an intention to generate profit. Based on this definition, a partnership can never be a non-for-profit organisation.

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Thanks all. I can't believe that i already fulfill my dreams. This company offer a good service, price is more cheaper if compare witn others. The most important is worth your money!

Mr Zaini Milan

The speed and efficiency is quite unmatched. It’s great doing business with 1st Choice Solutions. I appreciate.

Washynton Stanley

Excellent service, so easy to use their forms and very economical, compared with other formation sites.

Turner Burke Limited

This is my second time to order the service. It's really great service, high qualified and very friendly team.

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