Incorporating an LLP – How can I do this?

How can I incorporate a LLP?

LLPs are incorporated by two or more persons (this includes individuals, companies or firms), associated for carrying on a business with a view to profit. Form LL IN01 needs to be completed and sent to Companies House (details of electronic software filing and paper filing are available on the Companies House website). Part 3 of Form LL IN01 must be signed by a member or solicitor acting for the LLP to confirm compliance with the requirements of the Limited Liability Partnership Act 2000. Details of current incorporation fees are available on the Companies House website. It will usually take between 1 and 5 days for Companies House to process a straightforward LLP application (depending on whether you choose the web filing or paper filing service). A same day service is also available at additional cost.

Form LL IN01 requires the following information:

• the LLP's name;
• where the registered office of the LLP is to be situated (i.e. England and Wales, Wales, Scotland or Northern Ireland);
• the registered office address;
• whether the LLP is to have specified members as designated members or whether all members are to be designated members;
• details of each proposed member, including whether that member is to be a designated member;
• if your LLP name contains a prescribed or sensitive word, you will need to confirm you have requested approval from a government department or other body. A copy of this approval must be included with your application; and
• a statement of compliance.