Q&As

Can a limited liability partnership have only two members, where one member is an individual and the other member is a private limited company in which all the shares are held by that same individual?

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Produced in partnership with Alasdair Steele of CMS Cameron McKenna Nabarro Olswang LLP
Published on LexisPSL on 03/09/2020

The following Corporate Q&A Produced in partnership with Alasdair Steele of CMS Cameron McKenna Nabarro Olswang LLP provides comprehensive and up to date legal information covering:

  • Can a limited liability partnership have only two members, where one member is an individual and the other member is a private limited company in which all the shares are held by that same individual?

A limited liability partnership (LLP) is required to have two or more members under section 2(1) of the Limited Liability Partnerships Act 2000 (LLPA 2000). The LLPA 2000 refers to two or more persons being members and the Interpretation Act 1978 defines a person as including any body of pers

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