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3. Checkout
4. Company Details
Limited Liability Partnership Package
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.
How much will I save by choosing this package?
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:
- A formal LLP Agreement is not a legal requirement; however, it is essential if the LLP members want to contribute capital and/or share business profits in any way other than equally.
- Company documents are delivered free of charge within the UK. For overseas deliveries, Royal Mail postage rates + 15% will be charged.
- The business bank account offers are only available to companies with UK resident directors and shareholders. Companies with overseas directors and shareholders are not eligible for this offer. We have partnered with Wise to provide a business banking solution for non-UK residents. You will get the option to add a Wise bank account during the order process. Account openings are subject to approval.
Package Features:
Company Formation
Ready to Trade
Limited Liability Partnership
Ready to Trade Limited Liability Partnership
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
£12.00 Filing Fee Included
Companies House £12.00 Filing Fee Included
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.
Email Copy of Certificate of Incorporation
Email Copy of Certificate of Incorporation
An email copy of the Certificate of Incorporation will be delivered to you as soon as Companies House registers your new LLP.
Email Copy of Draft LLP Agreement
Email Copy of Draft LLP Agreement
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.
Email Copy of Company Registers with First Entries
Email Copy of Company Registers with First Entries
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:
- Register of Mortgages and Charges
- Register of Debentures
- Register of Sealings or Executions
- Register of Members
- Register of Member's Residential Address
- Register of PSCs
- Register of PSCs Residential Address
Printed Certificate of Incorporation
Printed Certificate of Incorporation
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.
2 x Printed Copies of the LLP Agreement (if required)
2 x Printed Copies of the LLP Agreement (if required)
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.
Banking
Free Business Bank
Account (optional)
Free Business Bank Account
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.
Business Essentials
Free .com or .co.uk Domain Name
Free .com or .co.uk Domain Name
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.
Free Online
Company Manager
Online Company Manager
Our Online Company Manager system allows you to take full control of your company details from one central login:
- Receive e-mail reminders of key filing dates to avoid missing deadlines and incurring penalties.
- Make changes to company officer details, addresses, change accounting dates and file confirmation statements online.
- Form new companies without having to re-enter all the same information each time.
- Import existing companies, and control all of your business in one place.
- View and download your company documents easily.
- View and download your official government and business mail.
- Purchase additional products and services from the Shop.
- Manage your payment cards.
- Renew your annual subscription services.
Frequently asked questions
What is a limited liability partnership?
A limited liability partnership offers its members the security of limited financial liability with the more flexible internal structure offered by a traditional partnership.
Why should I choose to form an LLP?
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.
Do I need to have a Partnership Agreement?
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.
How many partners should an LLP have?
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.
