Partnerships

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In English 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.

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Limited liability partnership

A corporate vehicle, which is limited by capital contribution by the partners but transparent for tax

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Sole trader

Setting up a sole trade is the simplest and most straightforward way to trade.

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For small to medium businesses

Take care of your business while we take care of your tax & accountancy needs.

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Limited companies

Advantages of trading through a limited company.

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Partnerships

Several individuals are carrying on the same trade.

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Residency & tax planning

We offer advice of residency status and immigrational tax planning for individuals and corporates.

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For individuals

Pinacrown can relieve you of the stress of doing your own accounts and working out your tax liabilities.

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For start-ups

Are you planning to set up a UK company? Let us save you time and trouble.

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