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Impact of Reforms on LLPs Under Economic Crime Act

Any entity which registers at Companies House falls within scope of the reforms being implemented under The Economic Crime and Corporate Transparency Act (ECCTA). This includes LLPs. Secondary legislation has applied the requirements of the ECCTA to LLPs.

What does this mean for LLPs? 

On 4th March 2024, regulations were published which applied the first company law reforms under the ECCTA to LLPs. The changes largely mirror those made for companies.

As of 4th March 2024:

  • An LLP must ensure that its registered office is situated at an "appropriate address" where it can acknowledge receipt of documents.
  • An LLP will need to provide, with its next confirmation statement, a registered email address to which Companies House can send electronic communications. This will need to be provided at incorporation for newly incorporated LLPs.
  • It is not be possible to register an LLP under a name designed to facilitate criminal purposes, which suggests a connection with a foreign government, or which contains computer code.
  • An individual may not be a member of an LLP if they are disqualified from acting as a company director. If a member becomes disqualified, the members of the LLP are required to remove that member. If they fail to do so, they commit a criminal offence.
  • All LLPs must confirm  annually via the confirmation statement that their future activities will be lawful.
  • All information that LLPs submit to the Registrar will be subject to the same level of scrutiny as that submitted by companies. The Registrar will be able to query the information that is held on an LLP and proactively exchange information with other bodies. 

As of 18th November 2025 (and going forward):

  • All members of LLPs are required to verify their identity. This became compulsory for new individual LLP members on 18 November 2025. Identity verification for existing LLP members will need to be confirmed as part of the annual confirmation statement process.
  • All new and existing PSCs are required to verify their identity. Identity verification for new PSCs became compulsory on 18 November 2025. There will be a 12 month transition period for existing PSCs to identity verify. (Identity verification for RLEs will commence at a later date).
  • Where a member is a corporate entity, all of the directors (or equivalents) will be required to verify their identity. Identity verification for corporate LLP members will begin at a later date. 
  • Many LLPs provide formation and filing services. If an LLP wishes to deliver documents to Companies House while providing these services for another company or firm, the LLP must register as an Authorised Corporate Services Provider (ACSP). A precondition of authorisation is that it is supervised for anti-money laundering purposes in the UK. When they seek to form an entity or to file on their behalf, they will then be required to confirm that the identities of all directors (or their equivalents) associated with that entity have been verified, to a standard that is at least the equivalent of those conducted by Companies House. It is expected that the identity verification (and related requirements) in respect of filing documents should become compulsory no earlier than November 2026.
  • A person must not act as a member of an LLP unless notice of their appointment has been provided within the required period (14 days). A person who does not comply with this requirement commits an offence. However, it will not affect the validity of their acts as an LLP member. This came into force on 18 November 2025.
  • An LLP must give notice to the Registrar of any changes in the information they are required to provide about LLP members. LLPs are no longer required to maintain local registers of members, members' residential addresses and PSCs, instead LLPs must notify Companies House (within 14 days) of any changes to registered information relating to LLPs. This came into force on 18 November 2025.
  • From 18 November 2025, the following needs to be included on an LLP incorporation form, (1) a statement that each individual named as a member has had their identity verified; and (2) a statement that none of the members is disqualified under director disqualification legislation (or if disqualified, details of the permission given by the court to be a subscriber).
  • In addition, the Registrar (since 18 March 2025) has enhanced powers to strike off an LLP which has been registered on a false basis (meaning that the registrar has reasonable cause to believe that information (or a statement) which is misleading, false or deceptive in a material particular has been provided).
  • LLPs that are general partners of LPs, and which are also corporate entities, will be required to name a managing officer who is an individual, for the purpose of communicating with the general partner and the new corporate director reforms will apply to LLPs acting as corporate directors. An LLP will only be able to act as a corporate director if all its members have had their identity verified.

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