UK LLP Company Formation
The United Kingdom is a globally recognized financial hub and well-respected jurisdiction, offering favorable tax regimes, seamless UK company formation processes, and access to advanced fintech solutions and exceptional business infrastructure.
- 0% Tax on Non-UK Income
- Pass-Through structure, members are taxed individually on profits
- Very Low Maintenance & Renewal Costs
- Excellent Business Infrastructure
- Most Respected International Financial Center
•Benefits
Exclusive Features of UK LLP
Tax Planning
A UK Limited Liability Partnership (LLP) offers a flexible tax structure, with taxes levied only on UK-sourced income. Non-resident members are taxed on foreign profits in their home country, allowing for strategic tax planning and minimizing local tax liabilities.
Quick Registration
The UK company registration process is swift, typically completed within 1-2 business days. This quick business setup makes it an attractive option for businesses looking to establish a presence in Europe rapidly.
Excellent Infrastructure & Low Costs
The UK provides an excellent business infrastructure, including access to advanced fintech solutions like Revolut and Wise, efficient payment methods, and robust legal and financial services. Low registration and maintenance costs further enhance its appeal for international businesses.
International Trade and Optimized Business Operations
UK business setup is ideal for international trade, offering access to European markets and various global business opportunities. The structure supports optimized business operations, allowing for easy integration with payment systems and straightforward financial management without the need for extensive accounting services.
•PRICING
Plan & Pricing
LLP Basic
Essential incorporation
Price Flexible
- LLP Company Registration
- All Government Fees
- All Incorporation Documents
- Registered London Office (1 Year)
- Hide Your Personal Address (1 Year)
- Introduction to Accountants
- Revolut Registration Process
- Wise Registration Process
- Dedicated WhatsApp Support
LLP Advanced
Incorporation + Business Operations
Price Flexible
- LLP Company Registration
- All Government Fees
- All Incorporation Documents
- VAT Registration
- VAT OSS Registration (EU Sales)
- Registered London Office (1 Year)
- Hide Your Personal Address (1 Year)
- Introduction to Accountants
- Revolut Registration Process
- Wise Registration Process
- Stripe Registration Process
- PayPal Registration Process
- Dedicated WhatsApp Support
LTD International
Incorporation + Business Operations
Price Flexible
- Private Limited Registration
- All Government Fees
- All Incorporation Documents
- VAT Registration
- VAT OSS Registration (EU Sales)
- Registered London Office (1 Year)
- Hide Your Personal Address (1 Year)
- Business London Address (1 Year)
- Filing of 1st Confirmation Statement
- Introduction to Accountants
- Revolut Registration Process
- Worldfirst Bank Registration
- Wise Registration
- Stripe Registration
- PayPal Registration
- Dedicated WhatsApp Support
•STEPS
Process Of Opening a UK LLP
Step 01
Free Consultation to assist with selecting the best setup.
Step 02
Choose the formation bundle and complete the payment.
Step 03
Submit Due Diligence Application Documents
Step 04
Receive all incorporation documents & ongoing support.
•FAQ
Frequently Asked Questions
What are the benefits of incorporating a UK LLP?
United Kingdom is one of the leading jurisdictions for “onshore” company formation:
- Limited Liability: Partners in an LLP have limited liability, protecting their personal assets from business debts and liablities.
- Pass-Through Taxations: Profits are taxed at the partner level, avoiding double taxation and allowing for potentially reducing taxes.
- Global Recognition: The UK is a well-respected jurisdiction with a strong legal framework, which can enhance the credibility of your partnership company internationally.
- Easy & Fast formation: Forming an LLP in the UK is straightforward and inexpensive, with very simple ongoing compliance requirements.
- Professional Image: UK Company Formation can enhance the professional image of the business, given the country’s excellent reputation and stable business environment.
Is a UK LLP company for you?
A UK LLP is ideal for anyone seeking a reputable, flexible and tax-efficient structure.
A UK LLP allows for significant operational optimization. Enjoy seamless fintech banking options like Revolut and Wise or straightforward financial reporting which can often be handled without the need for professional accountants.
Overall, United Kingdom is the perfect onshore jurisdiction for optimizing tax, streamlining operations and expanding your business internationally.
Tax information for UK Private Limited Companies (Ltds)
- Corporation Tax: UK Private Limited Companies are subject to corporation tax. Current rate is 19% for profits below £250,000 and 25% for profits above that.
- VAT: You must register for VAT and charge VAT on your goods and services, only if your taxable turnover exceeds the VAT threshold of £85,000. The standard VAT rate is 20%.
Tax information for UK Limited Liability Companies (LLPs)
- Pass-Through Taxation: Non-resident partners are taxed based on their share of profits and they are required to pay their taxes in their country of tax residency. The LLP itself does not pay any corporation tax.
- VAT: You must register for VAT and charge VAT on your goods and services, only if your taxable turnover exceeds the VAT threshold of £85,000. The standard VAT rate is 20%.
Management & Organization Requirements (LLPs)
An LLP does not have directors or shareholders; instead, it requires at least two partners. The partnership income can be allocated between the partners as agreed.
Annual Requirements & Fees
The primary annual requirements for maintaining a UK LLP or Ltd are generally the registered office address and the annual confirmation statement filing fee.
Approximately you can expect to pay from £100 to £300 a year.
Due Diligence Documents
- Scanned Passport Copy
- Utility Bill or Bank statement (must be dated within the last 3 months)
Timeframe
UK company formation is very fast and we can complete the incorporation of your Ltd or LLP within 24 hours within verification of your documents.