How to set up a limited liability partnership

Perfect. Here's how LHS elXtr can help you

Banner Image

This business structure is an overlap between a partnership and a limited company as the name suggests. It must be registered with Companies House and just like partnerships it offers the opportunity for share in profits but contrary to a partnership, there is generally limited personal liability for the members.  

The content on elXtr has been prepared by LHS Solicitors. It’s intended as guidance only and not to be regarded as a substitute for consultation with one of our solicitors, since every case will ultimately turn on its own particular facts and circumstances. We recommend that you use our materials as your starting point and be aware that you sometimes have to follow a set procedure before taking any action, especially in an employment context. If you are in any doubt, we’d suggest that you get in touch with us and we’ll talk you through your options on how to get the right legal advice.

Recommended reads

Download our free guidance here