Proform Offshore can incorporate Limited Liability Partnerships (LLPs) in the United Kingdom. Full services available including nominee members/managers, registered office and agent and all government fees.
Type
of Company
A
limited liability partnership is a new form of legal business
entity with limited liability. Limited liability partnerships
are taxed as partnerships but in most other respects they are
very similar to companies. They must have at least two, formally
appointed, designated members at all times. (Designated members
are similar to executive directors and the company secretary
of a company). If there are fewer than two designated members
then every member automatically becomes a designated member.
Taxation
Provided that
no business or trade is carried out with or within the United
Kingdom and the members are located outside of the UK then
UK LLPs have no liability for UK taxation. Basically this
is because the limited liability partnership itself will
not be liable for taxation on profits or gains, the profits
or gains of the partnership will be assessed to tax separately
on the individual partners. If these are located outside
the UK then no UK tax is payable.
Accounts
UK LLP's are required to file annual accounts with the Registrar
of Companies. These must be audited if the annual turnover
exceeds UK£1 million or
if the balance sheet totals more than UK£1.4 million.
Proform
can appoint a firm of accountants/auditors to carry out
this work if required.
Formation
We can form a UK LLP with your choice of name in approximately
10 days. Names must end in LLP and must fall within certain
restrictions. We would be happy to check the availability
of your chosen name via our on-line link to the Companies
House system and offer advice on name choice. You may
also check the register yourself at the Companies
House Website.
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Fee Schedule
| Total
first year's costs
includes formation, registered office, preparation and execution of members
agreement and operating agreement, and all government
fees |
UK£595 US$982 |
Annual
costs
includes registered office,
all government fees, filing annual returns/annual accounts
(although not preparation/audit of accounts which we
can arrange) |
UK£495 US$817 |
2 x Nominee Members and Managers (per year)
We would appoint two nominees to act on your behalf as a members and managers to ensure your anonymity. We appoint individuals not corporate nominees. This includes a non-apostilled Power of Attorney.
|
UK£395 US$652 |
Assistance with opening bank account
Proform Offshore can assist with opening accounts with a Cyprus bank |
UK£250 US$413 |
Apostilled Documents
Proform Offshore can arrange for a power of attorney and/or company documents to be issued, certified and apostilled - per document |
UK£130 US$215 |
| VAT Registration
Completion and submission of VAT registration forms and liaising with the client and Customs and Excise as necessary | UK£250 US$413 |
| VAT Administration (per year)
Completion and submission of quarterly VAT returns and EC Sales Lists if appropriate and liaising with the client and HM Revenue and Customs as necessary. | UK£250 US$413 |
Courier
Fees
we forward company documentation by express airmail however
if speed is paramount then a courier service is available |
UK£50 US$83 |
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