Limited Liability Partnerships

Introduction

This guide is about requirements for the incorporation of limited liability partnerships. It applies to limited liability partnerships formed and registered in England, Wales and Scotland. It covers the formation documents, limited liability partnership members, and the controls applied to the use of certain limited liability partnership names. This includes:

  • the rules and restrictions on the choice of limited liability partnership names both when a limited liability partnership is formed and when it changes its name;

  • how to change a limited liability partnership name.

  • when Companies House will not register a limited liability partnership name and when the use of sensitive words or expressions will need to be justified or need prior approval from a recognised authority; and

  • when you can object to the registration of a particular limited liability partnership name, and also what to do if your limited liability partnership name has been objected to and you are directed by the Secretary of State to change the name.

All incorporated partnerships must disclose certain information to Companies House for the public record and to the people they deal with. This guide tells you:

  • where you must display the limited liability partnership name and what information must appear on partnership stationery; and

  • when changes in the limited liability partnership’s circumstances and particulars must be notified to Companies House.

This guide is only intended as an introduction to these continuing obligations.

You will find the relevant law in the Limited Liability Partnerships Act 2000, and in the Limited Liability Partnerships Regulations 2001 which apply parts of the Companies Act 1985 (as amended in 1989 and later) to limited liability partnerships. Reference to ‘the regulations’ in this guide means the Limited Liability Partnerships Regulations 2001.

Setting up a limited liability partnership brings many obligations. It may be worthwhile taking advice from a solicitor or accountant as to whether a limited liability partnership is the best way for you to run your business.
Limited Liability Partnerships, Crown Copyright © 2005-2013
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