LLP Formation for UK Professionals Who Need Liability Protection
A limited liability partnership gives you the flexibility of a partnership with the protection of limited liability. ABM Chartered Accountants registers your LLP with Companies House, advises on your members’ agreement, and handles every HMRC registration you need to start trading.
Your LLP Formed With the Right Structure
An LLP combines partnership flexibility with corporate protection. Each member’s liability is limited to the amount they invest, while profits are shared according to the members’ agreement and taxed on each member individually. ABM Chartered Accountants forms your LLP, appoints your designated members, and makes sure the structure is right for your business from the outset.
Our ICAEW and ACCA qualified accountants register your LLP digitally with Companies House, advise on the terms your members’ agreement should include, complete the mandatory identity verification for designated members, register your LLP with HMRC for self assessment and VAT, and set up your compliance obligations.
What Our LLP Formation Covers
From registering your LLP to setting up your compliance calendar, here is how ABM Chartered Accountants forms your partnership and gets you ready to trade.
LLP Registration
Registering your limited liability partnership with Companies House using the correct digital forms.
Members' Agreement
Advising on the key terms your members' agreement should cover to protect every partner clearly.
Designated Members Setup
Appointing your designated members and filing the correct notifications with Companies House.
HMRC Registrations
Registering your LLP for self assessment, VAT, and PAYE with HMRC once it is incorporated.
Registered Office Provision
Providing a UK registered office address that satisfies Companies House requirements for your LLP.
Post-Formation Compliance
Setting up your LLP's accounting records, filing schedule, and ongoing compliance obligations.
Partnership Flexibility With Limited Liability Protection
In a traditional partnership, each partner is personally liable for the debts and obligations of the business. An LLP removes that exposure. Your personal assets are protected, and your liability is limited to your capital contribution. ABM Chartered Accountants helps you form the LLP correctly so that protection is in place from the moment you begin.
An LLP also offers tax transparency. Profits are not taxed at the entity level. Instead, each member reports their share of the profit on their own self assessment return and pays income tax and National Insurance individually. This avoids the double taxation that can arise with a limited company structure.
LLP Formation for Partnerships Right Across the UK
Based in Canary Wharf, London, ABM Chartered Accountants forms LLPs for partnerships throughout the UK. We handle the full process digitally so your location makes no difference.
LLP Formation for Every Professional Sector
We form LLPs for professionals in law, accountancy, consultancy, architecture, surveying, financial services, medical practice, and property. LLPs are especially popular in sectors where partners need both flexibility and liability protection.
Why Partnerships Choose ABM for LLP Formation
Chartered LLP Advisors
ICAEW and ACCA qualified forming your LLP correctly.
Structure Advice Included
Members' agreement and designated member roles all covered.
Fully Compliant From Day One
Companies House, HMRC, and filings all handled.
How We Work
Initial Consultation
Set Up and Onboard
Ongoing Support
We provide regular reviews and proactive advice to keep your finances optimised and HMRC-compliant.
Get in Touch Today
Whether you need help with your tax return, payroll, VAT, or business advisory, our qualified UK accountants are ready to provide clear, practical guidance for your specific needs.
Book a Consultation
Fill in the form below and one of our expert accountants will contact you promptly to discuss your accounting and tax requirements.
Our Global Clients
Frequently Asked Questions
Here are answers to the LLP formation questions we hear most often. Contact our team for tailored guidance.
What is an LLP?
A limited liability partnership is a legal entity that combines the flexibility of a partnership with the liability protection of a limited company. Each member’s personal liability is limited to the capital they have contributed. The LLP itself is a separate legal person and must be registered with Companies House.
How many members does an LLP need?
An LLP must have at least two members, and at least two of those members must be designated members. Designated members have additional responsibilities, including signing the accounts, filing the annual confirmation statement, and notifying Companies House of changes to the LLP’s details.
How is an LLP taxed?
An LLP is tax transparent. It does not pay corporation tax. Instead, each member reports their share of the LLP’s profits on their personal self assessment return and pays income tax and National Insurance on that share. ABM Chartered Accountants prepares the LLP return and each member’s return.
Do I need a members' agreement?
It is not a legal requirement, but it is strongly recommended. Without a members’ agreement, default rules under the Limited Liability Partnerships Act 2000 apply, and these may not suit your arrangement. ABM Chartered Accountants advises on the key terms your agreement should cover.
How much does LLP formation cost in 2026?
The Companies House digital registration fee for an LLP is 100 pounds from February 2026. ABM Chartered Accountants includes this in our formation packages along with designated member setup, HMRC registrations, registered office provision, and post-formation compliance guidance. We provide a clear fixed-fee quote.
What are the filing obligations of an LLP?
An LLP must file annual accounts with Companies House, submit a confirmation statement each year, and file a partnership tax return with HMRC. Each member must also file an individual self assessment return. ABM Chartered Accountants manages all of these filings for your LLP.