A review of your existing LLP agreement with practical advice on member protections, profit-sharing, and exit provisions. Useful before admitting new members or if the LLP’s circumstances have changed since the agreement was first put in place.
What’s included:
• Review of your existing LLP agreement.
• Advice on member protections, profit-sharing mechanisms, and exit provisions.
• A clear written summary with practical recommendations.
• A follow-up call or email exchange to discuss the findings.
What’s not included:
• Drafting a new or amended LLP agreement (request a quote).
• Tax advice (including VAT, corporation tax, income tax, capital gains tax, and stamp duty). If specialist tax advice is needed, I can recommend a suitable accountant or tax adviser.
FAQ
Q: What if our LLP has no written agreement?
A: Without a written LLP agreement, the default provisions in the LLP Regulations apply. These include equal profit-sharing and unanimous decision-making, which may not reflect what the members actually intend.
A review of your existing LLP agreement with practical advice on member protections, profit-sharing, and exit provisions. Useful before admitting new members or if the LLP’s circumstances have changed since the agreement was first put in place.
What’s included:
• Review of your existing LLP agreement.
• Advice on member protections, profit-sharing mechanisms, and exit provisions.
• A clear written summary with practical recommendations.
• A follow-up call or email exchange to discuss the findings.
What’s not included:
• Drafting a new or amended LLP agreement (request a quote).
• Tax advice (including VAT, corporation tax, income tax, capital gains tax, and stamp duty). If specialist tax advice is needed, I can recommend a suitable accountant or tax adviser.
FAQ
Q: What if our LLP has no written agreement?
A: Without a written LLP agreement, the default provisions in the LLP Regulations apply. These include equal profit-sharing and unanimous decision-making, which may not reflect what the members actually intend.