United Kingdom

Limited Liability Partnership (LLP)

For two or more partners who want limited liability with tax transparency.

How it is taxed

Tax-transparent: each partner is taxed individually.

Can non-residents own it?

Partners can be non-UK residents.

Who it suits

  • Professional firms
  • Joint ventures between partners

Allowed name endings

Your company name must end with one of these: LLP

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Other company types in United Kingdom

Most popularNon-residents OK

LTD

Private Limited Company

The standard UK company for trading, consulting and e-commerce — limited by shares.

TaxationCorporation tax on profits (19–25%); dividends paid to shareholders.
Non-resident foundersDirectors and shareholders can live anywhere. A UK registered office is included.
Ideal for
  • Trading & e-commerce
  • Consultancies & agencies
  • Holding companies
Start with LTD