This guide discusses limited liability partnerships incorporated in the UK. Click on one of the boxes below for further information.
What does a LLP Agreement contain?
LLP Agreements set-out detailed and practical rules relating to the LLP's business and its members. Each of the following sections outlines a key area that may be covered by a LLP agreement.
LLP DECISION MAKINGHow important decisions are made and restrictions on the authority of individual members. Read more
LLP FINANCE, PROFIT AND LOSSCapital, property, drawings, profit distribution and accounts. Read more
PROTECTING THE LLP's BUSINESSProtecting the members' investment in the business through non-compete and confidentiality obligations. Read more