JP COMPANY REGISTRATIONS
Established for 32 years

Limited Liability Partnerships

Limited Liability Partnerships are established under the Limited Liability Partnership Act 2000.

An LLP is an incorporated partnership i.e. it has features of a partnership and the features of a limited company. An LLP has members; there are no shareholders or directors. Unlike a partnership, the rules under which it is governed are based on the companies legislation i.e. it has a separate legal existence from its members. It can sue or be sued. It can own property and create a floating charge over its assets.

The relationship between its members is governed by its operating agreement. This is an agreement made between the members of the LLP and deals with such matters as profit share, introduction of capital and how the members govern their affairs in relation to one another. It is a private agreement and is not published in the LLP's file at Companies House.

Our comprehensive partnership agreement has been constructed by Counsel. It provides clear information for its members, on their relationship with one another and their relationship with the LLP itself.

In the same way as a limited company, LLPs are established by filing incorporation documents at Companies House. Any changes in membership have to be notified to Companies House. LLPs have a certificate of incorporation issued by Companies House.
LLPs allow for flexibility and can be used for any lawful activity involving two or more persons involved jointly with a view to make a profit.

LLPs are treated as partnerships for taxation purposes, which means that the LLP is not taxed but its members are taxed on their share of the profits made by the LLP. For the international businessman the LLP must offer a really exciting new corporate vehicle. If the members are non UK based and if the trade takes place outside the UK then there is no liability to UK taxation.

The cost for forming an LLP is £125 including VAT.
The price includes:

• Registration at Companies House,
• Certificate of incorporation,
• JP Company Registrations Members Agreement

Companies Limited by Guarantee for charitable purposes.

Guarantee companies for charitable purposes have a non-commercial nature. Usually they are incorporated for charitable, social enterprise, educational or religious purposes. Companies wishing to have charitable status must apply independently to the Charitable Commission.
The cost for forming a Guarantee Company for charitable purposes is £220, including VAT. The price includes:
Registration at Companies House,
Certificate of incorporation,
1 looseleaf register,
Six bound copies of Memorandum and Articles

Please, note that this is a bespoke service; the Memorandum and Articles are constructed around each specific company. Therefore the registration will take approximately 7 working days.

Property Management Companies

These can either be registered as a company limited by shares or by guarantee. They are created for managing a property on behalf of its owners. They can be used for both residential and commercial property management.

The cost for this service is £220 inclusive of VAT. The service we offer is bespoke; each company is constructed specifically around each property, and hence registration takes approximately 7 days. Our service includes:
Registration at Companies House,
Certificate of incorporation,
1 looseleaf register,
Six bound copies of Memorandum and Articles

Please contact us for further information