Set up and register a limited company

When you are staring up your company, you need to identify the legal structure that best suits the way that you intend to do business, as your chosen structure will affect your financial liability, tax and National Insurance, and the ways your business can raise money.

This guide explains what a limited partnership is, and how it can be created. It explains why limited partnerships must be registered with Companies House and how they are treated for tax purposes.

Limited liability partnerships (LLPs) offers reduced personal responsibility for business debts and are designed to be used by profit-making businesses.