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UK LLPs
Are you or your clients interested in registering a new company?
If the company will not be trading in the United Kingdom, a Limited Liability Partnership
could provide a highly tax-efficient solution.
The Limited Liability Partnership (LLP) is a form of legal entity, introduced by the United Kingdom Government in 2000. With zero tax liability in the UK, it is a highly suitable corporate vehicle for businesspeople who are not resident in the United Kingdom and who wish to trade outside the UK.
Who uses the LLP structure?
International businesspeople trading outside the UK
Internationally based consultants with no UK connections
Expatriates
The key benefits of a UK LLP
Fiscally transparent
Has the flexibility of a company, but is taxed as a partnership
No UK taxation if revenue is sourced outside the UK and the members are non-resident in the UK
Low maintenance costs
Incorporated in one of the largest economies in the world
Incorporated in a full leading member of the European Union
Not regulated offshore
If you are interested in the benefits of a UK Limited Liability Partnership, contact Ancroft
to find out more about how to register
Are you or your clients interested in registering a new company?
If the company will not be trading in the United Kingdom, a Limited Liability Partnership
could provide a highly tax-efficient solution.
The Limited Liability Partnership (LLP) is a form of legal entity, introduced by the United Kingdom Government in 2000. With zero tax liability in the UK, it is a highly suitable corporate vehicle for businesspeople who are not resident in the United Kingdom and who wish to trade outside the UK.
Who uses the LLP structure?
International businesspeople trading outside the UK
Internationally based consultants with no UK connections
Expatriates
The key benefits of a UK LLP
Fiscally transparent
Has the flexibility of a company, but is taxed as a partnership
No UK taxation if revenue is sourced outside the UK and the members are non-resident in the UK
Low maintenance costs
Incorporated in one of the largest economies in the world
Incorporated in a full leading member of the European Union
Not regulated offshore
If you are interested in the benefits of a UK Limited Liability Partnership, contact Ancroft
to find out more about how to register