Introduced by the Limited Liability Partnership Act 2000, an LLP gives the benefit of limited liability but allows its members the flexibility of organising their internal structure as a traditional partnership. As a separate legal entity, the LLP itself will be liable for its actions up to the full extent of its assets, without, in theory, individual members having to contract on its behalf. Despite its name, an LLP is not a partnership therefore the individuals are not partners but members.
LLP agreements - like partnership agreements - are not a statutory requirement but it is, however highly recommended. Every practice/firm should be subject to Limited Liability Partnership Agreement. As with the Transfer of Business agreement (below), an LLP Agreement contains Clauses & Schedules. For full details, download the related document in the Information PDF section below.
The Transfer of Business by Partnership to Company Agreement applies to the transfer of the partnership business as a going concern to a (new) company where the partners exchange shares in the Company for the assets of the partnership and is split into the following clauses & schedules:
For further information on LLP's & Transfer of Business, see the following documents:
LLP's can't be fully set-up/completed online as a signature is required. Download the form below, print & fill in. Then fax or post when conducting your order online.
Reasons why to convert to an LLP Company
LLP Agreement Information: details, clauses & schedules
Transfer of Business Agreement
We provide the following options for LLP's. As you proceed through our easy order process, you can tick the options you require. Click the order button to get started!
| Name | Price | Purchase |
| Limited Liability Partnership - LLP | 90.00 | |
| LLP with Partnership Agreement | 110.00 | |
| Transfer of Business Agreement | 5.99 |
