Commentary

89 Registering the limited liability partnership

BUSINESSES vol 4(2) start-up, sale and purchase
| Commentary

89 Registering the limited liability partnership

| Commentary

89 Registering the limited liability partnership

One difference between a general partnership and a limited liability partnership (LLP) is that an LLP must be formerly incorporated by registering the required documentation with the Registrar of Companies1. Consequently, it is usual to provide in the LLP membership agreement that the members will complete and deliver to Companies House the necessary documents for incorporation and pay the prescribed fee2. The LLP is also required to have a registered office3. The membership agreement will usually provide for any change in this, for example stipulating who is to

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