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If you and your trading partners are looking to establish a limited liability partnership, you’ve come to the right place! Whether it’s a new launch or an upgrade from a sole proprietorship, 1st Choice Formations offers a seamless transition to the new LLP model. Here is everything you need to know about our Limited Liability Partnership (LLP) Formation Service
Use our Central London address as your company’s registered office and the service address of your directors, shareholders, company secretary (or partners if you are forming an LLP). Prevent personal addresses from being available on public records and avoid making your company and your company officers vulnerable to unsolicited mail, unwanted visitors, and even identity theft. Our prestigious address also projects a professional image and separates personal and professional lives.
Buy a hard copy of your Certificate of Incorporation, Share Certificates and Memorandum and Articles of Association. The Certificate of Incorporation is on official stationery with the Companies House seal. Share certificates are numbered and certify each shareholders holding in the company. The Memorandum and Articles of Association is the constitution of the company.
If you intend to register for VAT and can supply us with all the required information to register, our service is fast and efficient. You will need to provide the following information. The nature of your sales, The estimated turnover, Previous vat history, Address from which your goods or services will be provided.
You must file a confirmation statement at least once every 12 months. The due date is called the ‘confirmation date’, which falls on the anniversary of company formation or the ‘made up’ date of your last annual return.We will do that for you on time.
GET DISCOUNTS WITH 3 OR MORE SERVICES
You can select a business bank account during the order process
Including 12 months of free business banking
Including 30 months of free business banking
Including 12 months of free business banking
Multi-Owner Business Accounts For Small Businesses.
Including 12 months of free business banking
You can add these items during the order process
“Opt for our confidential service and have your official post forwarded to you free of any additional charges, instead of having it scanned. This service is only available for delivery to UK destinations. Fixed annual renewal fee of £9+vat per year”
This service gives you the use of our Central London office as your main address for business correspondence. We will scan your mail and upload it to our Smart Docustore system so that you can access it wherever you are. After 1 month, your post will be securely destroyed unless you require a hard copy .Our scanning service is FREE but limited to 100 items per week. Hard copies of your mail can be forwarded to you for a charge of £3.50+vat+cost of the “signed for” post service.
This service does not include the Registered Office Service, which you should buy separately.
The Annual Renewal fee for this service is £75 +vat.
This service gives you the use of our Central London office as your main address for business correspondence. All the mail we receive will be sent to you using Royal Mail’s 1st Class service. In addition to the annual subscription, we will also charge you a handling fee of 17p per item of post and Royal Mail’s charges.
This service does not include the Registered Office Service, which you should buy separately.
The Annual Renewal fee for this service is £93+vat.
Add our post box service to your order and we will accept all your post and hold it for you to collect. That includes letters, parcels and signed for items such as registered or recorded mail. Unlike the Royal Mail we are able to accept signed for items from ANY courier source. You may collect or have your mail collected on your behalf. A handling fee of 17p per item of post will also be charged.
This service upgrade guarantees that your company will be formed on the day you place the order, providing you do so by 2pm on a normal working day. if we receive a request for this service after 2pm, we will endeavour to have your company formed on the same day but it may be too late and your company will be formed the following working day. We must also receive your Proof of ID (if required) no later than 2 pm on the same day. Should we not receive all required information by this time, we will not be able to provide the same-day service.
Under the Data Protection (Charges and Information) Regulations 2018, individuals and organisations that process personal data must be registered with and pay a data protection fee to the Information Commissioner's Office (ICO) unless they are exempt. All companies and LLPs registered in the UK are subject to these rules, even if non-Uk residents own them.
If you apply for this service we will need additional information to complete the application to the ICO. We will request this information by emailing you when your company has been registered. When we have your information, we will make your application to the ICO. The process takes about 10 working days.
Once the ICO has accepted your application, we will email your ICO registration number and security code. You can publish your registration on all your media material to show that you take data protection seriously.
Our service includes the £40 registration fee payable to the ICO.
The ICO registartion has to be renewed by you each year.
You must file a confirmation statement at least once every 12 months. The due date is called the ‘confirmation date’, which falls on the anniversary of company formation or the ‘made up’ date of your last annual return.We will do that for you on time.
A seal is a device for placing a raised image (embossing) on paper. It will show the company name and incorporation number. This is for UK customers only. Overseas customers will be charged postage or courier fees.
Certificates of Good Standing are issued by Companies House and take approximately 5 days. Postage to an address in the UK is Free. You will be charged EXTRA for Delivery outside the UK
This service generally takes 10 working days to come back from the FCO. Faster options are available please ask for details. The price is for a single document. Postage to an address in the UK is Free. You will be charged EXTRA for Delivery outside the UK
A Limited Liability Partnership (LLP) is a business structure used by professionals with a profit motive. As opposed to a limited company, which can be formed by a single person. An LLP requires at least two partners for formation. The LLP structure provides personal liability protection from creditors. For overseas partners there can also be significant tax benefits.
Regardless of the total number of individuals planning to be partners, an LLP formation requires two designated partners. When completing your online application for LLP formation, you’ll need to specify which two partners will assume the role of a designated partner. If you don’t specify the names of the partners and their designations, Companies House will assume that all partners are designated. Their position resembles that of a company secretary and they have the following responsibilities:
It’s important to note here that LLP formation doesn’t have Articles of Association, which is part of limited company formation. The constitution of the partnership is represented by the partnership agreement. While a partnership agreement is formulated the majority of times, it isn’t a legal requirement for LLP formation.
If you recall what LLP means, it refers to two or more individuals partnering to conduct business with an intention to generate profit. Based on this definition, a partnership can never be a non-for-profit organisation.
They provided incredible support from their team, guiding me through every step and always helping me with my questions throughout the journey. Really recommend.
Gustavo Hubler
Requested proof of trading address late Friday afternoon and received it on Monday. Clear communication and quick service - thank you, Chandan!
Ros
As always a great and helpful experience. Even with the price increases it is a very competitive and great service.
Hasnen majeed
Highly recommend - Everything is handled for you, easily and quickly. Meaning you can concentrate on your business or other daily tasks.
Jacob Milner
Our registered office service is an address in the heart of Central London’s (WC1) business and professional district. Our annual renewal fee for this service is £39+vat for the registered office and £10+vat for the use of the director’s service address for all officers of the company. No matter how many officers (directors, partners, company secretary, shareholders, guarantors) in your company use our service address, the price is fixed at £10. If none of your company officers are using the directors service address then you will not be charged the additional £10 directors service address fee. Our combined charges are lower than any other Central London address provider
We will delivery following Printed Certificates to your UK address.
Certificate of Incorporation:
Displays the Name of the Company, the Date it was formed and the Registration number; it also bears the official seal.
Memorandum & Articles of Association:
The articles of association set out the rules on how the company should be governed. It also details the rights and responsibilities of its directors and owners.
Share Certificates:
Displays the name of the shareholder, the number of shares held and the date they were acquired.
Note: This service includes free delivery to any UK address not International address.
The VAT registration process explained:
As soon as your company is incorporated, we will send you a questionnaire by email, asking for some additional information necessary to complete your VAT registration application with HMRC.
We will then apply for your VAT registration online. This process can take up to 30 days.
Once your VAT registration has been approved, we will send your VAT Registration Number to you by email. Your VAT Registration Certificate will be sent to you by post by HMRC.
Please note that non-uk residents forming UK companies are unlikely to obtain vat registration unless they also have a UK based VAT agent.
You must file a confirmation statement at least once every 12 months. The due date is called the ‘confirmation date’, which falls on the anniversary of company formation or the ‘made up’ date of your last annual return. We will do that for you on time.
This includes a £34 Companies House filing fee following their recently announced price increases which are effective from 1st May.