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LLP Package

Set up a limited liability partnership with a draft LLP Agreement.
Order online or by telephone today.

Your new company name:

Limited Liability Partnership Package

£74.99
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Our limited liability partnership formation package, at a cost of £74.99 +VAT, is ideal for any type of profession that would normally operate as a traditional partnership, but whose members require limited liability.

Our LLP Package provides:

  • online Companies House registration
  • digital and printed LLP company documents
  • a draft LLP Agreement
  • filing of the first confirmation statement
  • a free.com or .co.uk domain name

As soon as Companies House approves your new LLP registration, we will send your Certificate of Incorporation, LLP documents, and a draft LLP Agreement to your email address.

If you require a formal LLP Agreement, simply email your completed draft to 1st Formations and we will prepare and deliver two printed copies of the document by 1st class post.

How much will I save by choosing this package?

If you were to buy the items included in this package individually, it would cost a total of £138.99. Therefore, at a package price of £74.99, you will enjoy a saving of £64.00 +VAT.

Please note:

  1. A formal LLP Agreement is not a legal requirement; however, it is essential if the LLP members want to contribute capital and/or share business profits in any way other than equally.
  2. Company documents are delivered free of charge within the UK. For overseas deliveries, Royal Mail postage rates + 15% will be charged.
  3. The business bank account referral offers are only available to companies with UK resident directors and shareholders. Companies with overseas directors and shareholders are not eligible for this offer. We have partnered with WorldFirst to provide a business banking referral for non-UK residents. You will get the option to add a WorldFirst bank account during the order process. Account openings are subject to approval.

Package Features:

Company Formation

Ready to Trade
Limited Liability Partnership

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Ready to Trade Limited Liability Partnership

Your new LLP will usually be formed within 24 hours; however, this timescale is subject to Companies House workload and it may take longer. If it is of great importance that your LLP is incorporated as soon as possible or on the same day, we always recommend you add the Guaranteed Same Day Service to your order.

Once your new LLP has been approved by Companies House, you can start trading immediately.

Companies House
£50.00 Filing Fee Included

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Companies House £50.00 Filing Fee Included

Companies House charge a £50.00 filing fee for company incorporation. This is included in the package price, so what you see is what you pay - there are no hidden costs.

Email Copy of Certificate of Incorporation

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Email Copy of Certificate of Incorporation

An email copy of the Certificate of Incorporation will be delivered to you as soon as Companies House registers your new LLP.

Email Copy of Draft LLP Agreement

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Email Copy of Draft LLP Agreement

We will send you an email copy of your draft LLP Agreement, as soon as Companies House registers your new LLP.

If you would like a formal Agreement for your LLP, return your completed draft to us by email.

Please note, that it is not a legal requirement to have a formal LLP Agreement.

Email Copy of Company
Registers with First Entries

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Email Copy of Company Registers with First Entries

A digital version of your LLP's statutory registers, including completed initial entries from the date of your LLP's registration. The documents included in the company register are:

  • Register of Mortgages and Charges
  • Register of Debentures
  • Register of Sealings or Executions
  • Register of Members
  • Register of Member's Residential Address
  • Register of PSCs
  • Register of PSCs Residential Address

Printed Certificate of Incorporation

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Printed Certificate of Incorporation

As soon as your LLP is registered at Companies House, we will deliver a printed copy of the Certificate of Incorporation by Royal Mail post.

2 x Printed Copies of the LLP Agreement (if required)

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2 x Printed Copies of the LLP Agreement (if required)

If you would like your LLP to have a formal Agreement, return your completed draft to us by email. We will then prepare two printed copies of your LLP Agreement and send them to you by Royal Mail post.

It is not a legal requirement to have a formal LLP Agreement; however, it is required if you need to divide the share of profits and capital other than equally.

Banking

Free Business Bank
Account (optional)

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Free Business Bank Account

UK customers

We have partnered with 7 of the top banks to provide our UK customers with a free business bank account. This offer is only available to companies with UK resident directors and shareholders.

Simply choose your preferred bank when completing your company application form, and they will contact you after your company has been formed. Our current banking partners include Barclays, NatWest, Tide, Monzo and HSBC.

International customers

Customers based outside of the UK are recommended to purchase the Non-Residents or eSeller Packages, which include a free business bank account referral to WorldFirst.

WorldFirst provides a UK bank sort code and account number, as well as the ability to open 10+ local currency accounts for free and spend in over 40+ currencies.

Please note: Account openings for all banking referral partners are subject to approval.

Business Essentials

Filing of the First
Confirmation Statement

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Filing of the First Confirmation Statement

It is a legal requirement to submit a confirmation statement to Companies House at least once each year, keeping them informed and up-to-date with your latest company details.

The confirmation statement is a snapshot of your LLP on the made up to date of the filing. It confirms that your LLP is still required, that its future activities are lawful and that all other details registered at Companies House about the LLP are correct.

An experienced staff member will prepare and submit your confirmation statement to Companies House before the due date, ensuring this will be done on time and accurately.

Please note: This service is renewable every 12 months and does not include the Companies House filing fee of £34.00. At the time of filing your first confirmation statement, we will take payment of £34.00 using your payment card details securely stored in your account.

Free .com or .co.uk Domain Name

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Free .com or .co.uk Domain Name

We have partnered with one of the UK’s leading domain name providers to offer you a free .co.uk domain name for 1 year, and help establish the online presence of your new business.

How it works: As soon as your company is approved by Companies House, we will send you an order fulfilled email, which will include your exclusive voucher and a link to the Names.co.uk website. You should proceed to order your .com or .co.uk domain name and apply the voucher code at checkout. This code will expire in 30 days so take advantage of the offer and get your .com or .co.uk domain name now.

Please note: The price of a co.uk domain will be £0.00 (Ex VAT) when registered with names.co.uk for 1 year using the voucher code supplied. Discounts apply for the first billing period only and do not apply to renewals. Offer must be redeemed within 30 days and cannot be used in conjunction with any other offer. This offer may be withdrawn at any time at the discretion of Namesco Limited. Standard terms & conditions apply. Limited to 1 per customer.

Free Online
Company Manager

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Online Company Manager

Our Online Company Manager system allows you to take full control of your company details from one central login:

  • Receive e-mail reminders of key filing dates to avoid missing deadlines and incurring penalties.
  • Make changes to company officer details, addresses, change accounting dates and file confirmation statements online.
  • Form new companies without having to re-enter all the same information each time.
  • Import existing companies, and control all of your business in one place.
  • View and download your company documents easily.
  • View and download your official government and business mail.
  • Purchase additional products and services from the Shop.
  • Manage your payment cards.
  • Renew your annual subscription services.

Prefer to order by telephone?

If you are not confident forming your company online - call our friendly team and we will complete your order by telephone.

020 3897 2233

The best choice of business bank accounts

Register your company with 1st Formations and set up your
business bank account with no paperwork or stress.

Barclays Bank Card
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Barclays business bank account

This leading high street bank offers a business bank account with no fees for the first 12 months. Their App allows you to manage your account online, make payments locally and internationally, and create invoices for free.

How to apply

Once your company has been formed, Barclays will contact you with details on how to open your account. Your account will be opened within 6 to 8 weeks, and your business debit card will arrive within 5 days of the account being activated.

Natwest Bank Card
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NatWest start up business account

Established high street bank NatWest offer a business bank account with no transaction fees for the first 18 months. They also provide a range of borrowing options to help grow your business.

How to apply

NatWest will email you within 1 day of your company's incorporation with instructions for opening your account.

Monzo Bank Card
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Monzo business bank account

This business bank account offers spending notifications, pots to separate and manage your money, FSCS protection, and instant UK bank transfers. Starting with no monthly fees, it's a great choice for businesses.

How to apply

Monzo will email you within 24 hours of your company's formation to guide you through the account opening process.

HSBC Bank Card
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HSBC Kinetic business current account

This business bank account helps you manage your company's finances with an App that provides categorised spending, mobile cheque deposit, the ability to make in-app payments of up to £25,000 per day and monthly cashflow outlook. There is no monthly account fee for the first 12 months.

How to apply

Once your company has been formed, HSBC will email instructions on downloading their App. Once downloaded, you can apply in minutes, with most accounts being opened within 2 days.

Anna Bank Card
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ANNA business bank account

This online business banking solution provides free money transfers and ATM transactions, 1% cashback on business expenses paid with your debit card, and the ability to set up direct debits. ANNA also provide multiple debit cards with customisable spending limits.

How to apply

Once your company is incorporated, you'll receive an email and SMS with a link to start your online application. Most accounts are opened in just 3 minutes, with your company's debit card arriving within 5 working days.

Zempler Bank Card
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Zempler business current account

An online business bank account which includes expense cards, a business Mastercard and an award-winning app. You can set up direct debits, make purchases for free and arrange a business overdraft of up to £2,000.

How to apply

Once your company is formed, Zempler will contact you to complete a quick application. With no credit checks required, you'll receive your UK bank account and sort code within 5 minutes. Your business Mastercard will follow in the post within 5 working days of your account being opened.

Worldfirst Bank Card
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WorldFirst UK Business Account – for non-UK residents

A straightforward business banking solution for non-UK resident customers. Apply for an account in minutes and gain access to local account numbers and sort codes for over 10 currencies, including USD, GBP, and EUR. Pay staff partners, and suppliers in over 40 currencies and integrate with Xero for simple accounting and reconciliation.

How to apply

A referral is included free with our Non-Residents and eSeller packages. Once your company has been formed, you'll receive an 'Order Fulfilment' email containing a link to sign up for a WorldFirst Business Account. If your application is successful, you'll receive your UK bank sort code and account number shortly after. Account openings are subject to approval.

Tide Bank Card
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Tide business current account

Business banking with Tide allows you to simplify your company's financial management. Their business account App integrates with tools like Xero, QuickBooks, Sage, and others, so you can take care of accounting and invoicing all in one place.

How to apply

After forming your company, complete a simple online application and your account will be opened within an hour. Once your account is open, your free business Mastercard will be sent to you.

Frequently asked questions

What is a limited liability partnership?

A limited liability partnership offers its members the security of limited financial liability with the more flexible internal structure offered by a traditional partnership.

Why should I choose to form an LLP?

A limited liability partnership is commonly used by industry professionals who normally work in partnerships, such as solicitors, architects and accountants, but who wish to protect their personal finances by way of limited liability.

Do I need to have a Partnership Agreement?

It is not a legal requirement to produce a Partnership Agreement, though it is recommended. This can help to prevent any disputes over partners' rights.

How many partners should an LLP have?

A limited liability partnership must have at least 2 members (partners) to be registered with Companies House. There is no upper limit to the number of partners an LLP can have.

What is the confirmation statement?

The confirmation statement is a document that must be filed annually, providing Companies House with up-to-date information about your company. This package includes the preparation and filing of your first confirmation statement.

Please note: This service is renewable every 12 months and does not include the Companies House filing fee of £34.00. At the time of filing your first confirmation statement, we will take payment of £34.00 using your payment card details securely stored in your account.

How do I open a business bank account?

During the company formation order process, you will be asked to select a business bank account referral from up to 7 of our banking partners, including Barclays, Natwest, Monzo, Tide and HSBC.

Once Companies House has accepted your company application, your chosen bank will contact you directly so you can open your business bank account.

All business bank accounts are subject to approval.

« Within half an hour of registering online with 1st Formations, I submitted information to register an LLP. A little over 4 hours later, I received confirmation of Incorporation of my new Partnership. Very efficient and straightforward. Highly recommended. »

David Ross
1st Formations Customer
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