Set up and run a limited liability partnership (LLP)

You can set up ('incorporate') a limited liability partnership (LLP) to run a business with 2 or more members.

A member can be a person or a company, known as a 'corporate member'.

Each member pays tax on their share of the profits, as in an 'ordinary' business partnership, but isn't personally liable for any debts the business can't pay.

You'll need to:

choose a name
have at least 2 'designated members'
have a registered address - this will be publicly available
make an LLP agreement - a document that says how the LLP will be run
register the LLP with Companies House

The rules are different for setting up a business partnership, a private limited company or a limited partnership.

There is a problem

Thanks for your feedback

Was this helpful?

Yes

Your comments

Your feedback helps us to improve this website. Do not give any personal information because we cannot reply to you directly.

Choose a reason for your feedback

Your comments

Your feedback helps us to improve this website. Do not give any personal information because we cannot reply to you directly.

Yes, but

Choose a reason for your feedback

Your comments

Your feedback helps us to improve this website. Do not give any personal information because we cannot reply to you directly.

Information

Information

There is a problem