COMPANY FORMATION UK

This is a relatively new form of partnership. The partnership has limited liability, equal to one pound, but this structure does not have stock or memorandum. Registration takes 5 days on average. The client receives a certificate of registration, and we send a template of the Partnership Agreement, which the partners fill out. We order a Certificate of Good Standing, where the partners and registration address are indicated. All documents are apostilled and sent to the client by DHL. The cost of the order is 200 pounds, registration of an LLP is 50 pounds, certificate of Good Standing plus Apostille of documents is 95 pounds and DHL delivery is 70 pounds.

Individuals from any country as well as companies, including offshore companies, may be partners. It should be noted that this type of business does not pay corporate taxes. An LLP submits all reports, but taxes are paid as individual taxes on every member of the partnership according to the country of his residence. Here is an example: A citizen of England formed a partnership with a citizen of Russia. They made a profit of 100 pounds and divided it equally. The citizen of England pays a tax on this amount as individual earnings, according to English law, but the citizen of Russia pays according to Russian law, and England is not interested in the process of this payment.

Because the company does not pay taxes in Britain, it is sometimes called offshore. If you do not wish to have your name among the partners, you can order a nominee and receive Power-of-Attorney to manage. An LLP has the same rights and opportunities as an LTD in all other aspects.

To order a partnership, you will need to fill out our form. After we have received payment for the bill we send you, a form will be sent to you to fill out. After receiving this form by e-mail your LLP will be registered.

We will be happy to answer any additional questions you might have by telephone, skype, or e-mail.