Why to change your LLP members service address? There are a number of reasons you may want to change the members service address of your limited liability partnership (LLP), one of the main ones being the added privacy this provides. Current UK legislation says that Companies House has to be informed of a service address for all LLP members of the company in England, Scotland and Northern Ireland as well as a residential address. Details are then published on the Companies House website, which can be accessed by any member of the public.
What does this mean? Except of a new company formation, we can provide you with one of our own members service addresses which you can use as a service address and where all official mail, such as tax documents, can be received in future, or we can assist in changing your members service address. There are a few legal requirements involved in this process which must be adhered to, but our experienced team at Coddan can make sure that all the essential steps are followed.
|Change of an LLP Members Service Address|
We are charging £25.00 for the LLP members service address change if you have the web-filing code, and want to use one of our addresses in London (£85.00) as your new LLP members service address. For additional £25.00 we provide full legal support for the members address change of your LLP, preparing the draft minutes from members' meetings, the consent to short notice for the extraordinary general meeting, the minutes, and the proxy voting form.
In many instances, members simply use their residential address as the service address, and there is no legal obstacle to prevent them doing so. The main drawback of this, however, is that because this information is in the public domain, your privacy can be easily compromised. At Coddan, we make amending the limited liability partnership members service address simple by providing you with an alternative service address.
It is necessary to prepare a special resolution so that an EGM of the LLP members can be held, and a second resolution is needed in order to change the service address. The meeting also has to be fully minuted and any changes recorded for future reference. Our expert team can help with all of this. Coddan can also provide a new service address for LLP members, registered to one of our offices in Edinburgh, Belfast, Liverpool, Manchester, and London. To find out more about the benefits of using Coddan as a service address, or to discuss the matter in more detail, please contact us today.
Changing the service address of an LLP member: official communications sent to LLPs are delivered, or serviced, to the trading or work address of all members; these may also be residential addresses. To protect privacy, it is possible to change a service address, and members may opt to use the service address facilities offered through Coddan at their offices in Manchester, London, Liverpool, Edinburgh and Belfast. The process of changing the service address of LLP members involves two special resolutions: to call an extraordinary general meeting, and to propose the change to service address(es). Both must be minuted. Coddan are able to prepare resolutions, ensuring address changes comply with legislation and are processed smoothly on behalf of the LLP. If you need an assistance with changing the LLP members service address, you can also speak to our business advisors between 9.30am-6.00pm Monday to Friday by telephoning + (0) 207.935.5171 or + (0) 330.808.0089 (national rates).
A limited liability partnership (LLP) is a business structure that affords its members limited personal liability, similar to a limited company, but which also provides a lot of business and tax advantages to its members. This means that members of the partnership are protected from losing their personal assets in the event of the LLP winding down with significant outstanding debts.
The reason an LLP can work in this way is that it is considered to be a separate legal entity from the people involved. Because of this, upon an LLP formation, the partners are also not considered to be responsible for the actions taken by other partners, and so are treated as independent members, similar to shareholders. A general partnership or a limited partnership does not provide the same protection to each of the partners.
The Companies Act 2006 is clear that Companies House must be informed of the LLP members service address – the trading or work address – and the residential address of all members of an LLP. Companies House publishes the LLP members service address on its website, and for a small fee, any member of the public can obtain it.
It is quite common for members to use their residential address as their service address, and there is nothing in the law to prevent these two addresses from being the same. However, because privacy can then be compromised by the address being publicly available, many members prefer to use either the LLP's registered office address, or an alternative inspection location.
Any members service address used must also come with the facilities for receiving mail - particularly official government and tax documentation - and forwarding it on to the member within a reasonable period of time. In reality, this rarely happens, as most official mail will be sent directly to the LLP's registered office. However, on the occasion that mail to the registered office is returned, it may be resent to the members' service addresses.
Coddan provides LLP members with an address at one of their own offices for use as a service address if required.
How Coddan can help with changing an LLP member's service address? The process of changing an LLP member's service address is fixed within legal statute, and there are certain things which should be done correctly before the address can officially be changed.
Coddan can help with the change of a member's service address, and ensure that no detail is missed during the process. A special resolution must be prepared in order to call an extraordinary general meeting of the LLP's members. A second special resolution should also be prepared to change the service address. The meeting should be minuted, so that the changes are recorded and the records are kept in case of inspection.