Q&As

Can a limited liability partnership hold shares in a UK limited company?

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Published on LexisPSL on 01/05/2020

The following Corporate Q&A provides comprehensive and up to date legal information covering:

  • Can a limited liability partnership hold shares in a UK limited company?

A limited liability partnership (LLP), just like a company incorporated under the Companies Act 2006, is a body corporate and has legal personality separate from that of its members (Limited Liability Partnerships Act 2000, s 1(2)). As such, it is able to own assets in its own name, rather than the members holding

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