law the partnership has no legal identity separate from its owners.
The liability of each partner for the debts of the business is unlimited and is joint and separate.
A written partnership agreement is not legally required, but in practice, there are advantages for the partners in setting down in writing the terms of their association.
Accounts of the partnership need not be in prescribed form, nor is an audit necessary. The public has no means or legal right of inspection of the partnership’s accounts. Partnerships are not required to file the accounts at Companies House.
Pinacrown offers a full range of company administration services for London partnerships
Companies limited by guarantee
An alternative structure to the company limited by shares.
Limited liability partnership
A corporate vehicle, which is limited by
Setting up a sole
For small to medium businesses
Take care of your business while we take care of your tax & accountancy needs.
Residency & tax planning
We offer advice