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9. Free Limited Liability Partnership Name Check Option

LLP Name Check System

Before attempting to register or to form your LLP, it is important that you check if the proposed name for your business entity is available for the registration. In the event that the proposed name is unavailable - or too similar to an existing LLP or a company, you will not be able to incorporate a limited liability partnership with that name. Instead, you will need to provide an alternative limited liability partnership name for the further name check.

Sometimes, it is possible to establish an LLP with an alternative corporate name, with the inclusion of another word, for example: 'My Business LLP' may be too similar to another company or identical to it; but the 'My Business London Limited' may make it acceptable.

Should a New Business be Formed as an LLP?

Should a New Business be Formed as an LLP?

If there may be changes to the profit sharing, for example the admission of a new member, a change in the working hours or the retirement of a member, an LLP should be seriously considered. This is because of the tax charges that can apply to changes in the shareholdings in a limited company. If it is clear that there will be no change in the ownership or profit sharing arrangements of the business for a long time, there are likely to be taxation advantages to a limited company.

Sensitive words may hinder your limited liability partnership name formation from being processed (a list of sensitive words can be found on our website). In the event that your proposed LLP name contains a sensitive word, you will have to pay an additional administrative fee to have it included and in some cases, you will have to provide proof that you are eligible to register an LLP of a certain nature.