Company Formation
LLP Formation UK
Limited Liability Partnership
Form a Limited Liability Partnership with a London registered office address included. The preferred structure for professional firms and partnerships seeking liability protection with partnership tax treatment.
What is a Limited Liability Partnership?
A Limited Liability Partnership (LLP) is a hybrid business structure that combines the flexibility and tax efficiency of a traditional partnership with the limited liability protection of a limited company. LLPs are incorporated at Companies House and must have at least two designated members.
Unlike a limited company, an LLP is not subject to Corporation Tax. Instead, each member is individually liable for tax on their share of the profits — similar to a self-employed sole trader or partner in a traditional partnership. This can offer significant tax flexibility depending on members' individual circumstances.
LLPs are particularly popular with regulated professions — including solicitors, accountants, architects, and surveyors — where partnership structures are traditional but liability protection is essential.
What you get
- LLP name availability check
- LLP agreement drafted to your requirements
- Incorporation and filing at Companies House
- Certificate of incorporation
- Registered office address at 71–75 Shelton Street, Covent Garden, London WC2H 9JQ
- Designated member service addresses
- Access to your Basely Virtual dashboard
Who is it for?
- Accountants and financial advisers setting up a professional practice
- Solicitors and legal professionals
- Management consultants and business advisers
- Architects, surveyors, and other regulated professionals
- Any two or more people wanting liability protection without a company structure
LLP vs Limited Company
Not sure which structure is right for you? Here is a quick comparison to help you decide.
| Aspect | LLP | Limited Company (Ltd) |
|---|---|---|
| Liability | Members' liability limited to their capital contribution | Shareholders' liability limited to their share value |
| Tax treatment | Members taxed individually on their share of profits (like a partnership) | Company pays Corporation Tax; directors/shareholders pay income tax on salary/dividends |
| Management | Managed by designated members; flexible governance | Managed by directors; more formal governance requirements |
| Public disclosure | Annual accounts and confirmation statement filed publicly | Annual accounts, confirmation statement, and director details filed publicly |
| Best suited for | Professional practices, partnerships, regulated professions | Most commercial businesses, startups, sole traders incorporating |
This comparison is for general guidance only. We recommend taking professional tax and legal advice before choosing your structure.
How to form an LLP with us
Choose your LLP name
Select a name not already registered at Companies House. LLP names must end in 'LLP' or 'Limited Liability Partnership'.
Provide member details
Submit details for all designated members including name, address, and date of birth. At least two designated members are required.
Complete identity verification
All designated members complete an AML identity check as required by the Money Laundering Regulations 2017.
We prepare and file
We draft your LLP agreement and file the incorporation documents with Companies House.
Receive your certificate
You receive your certificate of incorporation. Your LLP is legally established from the date on the certificate.
Form your LLP today
Get your LLP registered at Companies House with a London address included.