Registration of a company in United Kingdom LLP

Name of service Bronze Silver Gold
Check and reserve of the company name Obtaining approval from the registrar for the company name
Company registration, including state fees Preparation of a full package of documents, depending on the chosen form of ownership, cooperation with the relevant authorities prior to obtaining information on company registration
Legal address for 1 year Provision of legal address for your company in a given jurisdiction, eliminating the need to purchase or rent real estate
Nominal service for 1 year Registration of a company with nominal service and provision of nominees for 1 year. The price includes issuance of additional documents: power of attorney, trust documents and agreements
Assistance in opening an account Collection, preparation and submission of the necessary documents for opening a corporate account
Total cost
1250 USD 2250 USD 4150 USD
Annual renewal (paid from the second year)
990 USD 1950 USD 1950 USD

Deal of the month

If you will register a company until July 31,
opening a bank account is for FREE

6 easy steps to get started
  • 1

    Select your
    preferred jurisdiction

  • 2

    Choose a bank
    that meets your
    company's needs

  • 3

    Pay for our services
    using a convenient
    payment method

  • 4

    Receive all necessary
    corporate documents

  • 5

    Receive details
    for your newly opened
    bank account

  • 6

    We'll deliver the original
    documents directly
    to you

Great Britain always remains on the list of priorities for many business people. This is entirely justified, given the local economy's high level of development and high business standards. At the same time, it is not easy to enter the local market for two main reasons: the need to strictly comply with various bureaucratic formalities for starting and running a business (including the aspects of forming and filing reports), the need to invest sufficiently big money to start operations in the United Kingdom, especially when it comes to regulated activities (such as financial activities). Nevertheless, the UK legislation offers a flexible tool that allows foreign investors to enter the local market with minimal costs and more efficiently compared to the standard option of establishing a legal entity. This simplified option is the formation of a limited liability partnership, the operation of which, in London or any other city of the United Kingdom, can open access to many benefits for business in this jurisdiction.

Advantages of registering an LLP in the UK

Suppose you want to register a UK company as an LLP. In that case, its practical implementation can open up access to the following advantages of doing business in the region:

  • there is no requirement for LLP members to be residents of the UK;
  • the ability to operate both in the UK and around the world;
  • limited liability of participants;
  • the simplicity of the process of registration and conducting activities with a minimum of bureaucratic formalities;
  • absence of currency control;
  • favorable tax conditions when operating abroad (no taxes).

The main features of limited liability partnerships in the UK

A limited liability partnership is an agreement between 2 or more persons to do business together. Partners can be both individuals and legal entities of any residency. LLP can be established only as a business structure. This form is not suitable for non-profit organizations.

To settle the legal relationship between them, partners should sign a partnership agreement to distribute their rights, responsibilities, and shares in the business. The partnership agreement also specifies the mechanism for the distribution of profits and losses of the LLP. There are no formal requirements for charter capital, but the partners must also spell out in their agreement the amount and manner of the contribution of money to the business by each of them. The partnership agreement also specifies the procedure for withdrawal from the partnership and the entry of new partners. The partners' liability is always limited to their contributions to the joint venture.

Procedure for establishing a Limited Liability Partnership in the United Kingdom

It is possible to register a company in the UK in the form of an LLP after going through some interrelated steps:

  1. Formation of a list of activities that the future LLP plans to carry out in the UK.
  2. Formulating a name for the partnership.
  3. Collection and execution of all necessary data and documents about future partners.
  4. Search and registration of an official address for the partnership.
  5. Drafting and executing the partnership agreement, memorandum of association, protocol, registration, and other documents required for the LLP.
  6. Payment of necessary registration fees, submitting a set of documents to Companies House for consideration and entering information about the new partnership into the Registry of Companies if the issue is resolved positively.
  7. Opening a corporate bank account for the partnership.

Legislative regulation of activities and tax aspects for LLP

In its essence, the LLP is analogous to an offshore company. Still, the partnership is designed to do business in countries with a negative attitude towards the offshore model. The UK applies just high requirements in the offshore aspect, so the LLP acts as a suitable alternative for investors from the point of view of local regulators.

If the LLP does not operate in the UK, the partnership will not be considered a UK tax resident - no taxes will be payable in the UK. Partners in an LLP are responsible for paying their taxes on the income from the LLP's activities. Taxes will be declared and paid per the country's laws where the partners are residents. It should also be noted that LLPs are not subject to mandatory auditing requirements for their activities, only to file reports on time.

How Prifinance specialists can assist

Suppose there is a request to register a business in the UK as an LLP. In that case, Prifinance lawyers are ready to assist in its practical implementation, including through the following legal services:

  • assess the background of the business case and develop a customized registration plan;
  • collect and process all necessary data and documents for LLP registration in the UK;
  • draw up and execute, following the formal requirements of the law, the constituent and registration documents for the LLP;
  • negotiate with all representatives of local authorities and banks;
  • assist with legal support for LLP activities in the UK and abroad.

Prifinance lawyers already have more than 11,000 successfully implemented cases in company registration worldwide. The lawyers are ready to apply this experience to launch and run another business project successfully. Provide input for individual advice and suggestions on registering an LLP in your particular case.


Our clients

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10:31 20 Mar 24
Collaborated with the company for 3 years. I can’t say that everything was smooth from the point of view of organizing the work; there was confusion in the structure of the work, etc. But I’ll specifically highlight employee Lyubov Malinowski, she very diligently corrected all errors and was in touch at the right time, her help was significant in all processes and she approached all issues precisely. I would like to separately highlight the moment when she solved the problem at her own expense, which speaks of the person’s professionalism and increased responsibility.
11:40 01 Mar 24
As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly and securely.But that's not all. We had a slightly time-sensitive situation when it came to changing the beneficiary details on our account. Prifinance stepped up to the plate and handled everything quickly and professionally.It's not just about getting the job done. It's about how Prifinance does it. They're all about making complex financial matters simple and accessible for companies like ours. Plus, their team, especially Liubov Malinowski, has been nothing short of fantastic to work with - professional, timely and always on the ball.In short, FewMoreTaps OÜ wholeheartedly endorses Prifinance OÜ. Whether it's opening bank accounts remotely or navigating the financial legalities of running an international business, these guys have got your back. A big thank you to the entire Prifinance team for their first class support and expertise.Here's to more collaborations in the future!Best,Kiryl Nest
Mina KedisMina Kedis
18:10 23 Feb 24
I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia
Róbert KnapecRóbert Knapec
15:08 22 Feb 24
We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.
Anna AnnaAnna Anna
13:33 07 Feb 24
I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license stress-free!
Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and instructions clearly and neatly. No misunderstandings!Honestly, I expected opening a Swiss bank account to be complex and time-consuming, but thanks to Prifinance, I felt like a professional financial expert. Thank you for making this process so easy and enjoyable!
Maria Jose SantomeMaria Jose Santome
20:39 13 Dec 23
I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!
Valon StatovciValon Statovci
12:43 27 Nov 23
I used Prifinance to help me with a new corporate structure. The team were helpful and communicated well from the initial onboarding with Daniel to case handling by Karmen. They also responded to additional requests post incorporation very quickly, Thank you and would work with them again