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Limited Liability Partnership Frequently Asked Questions

Does a Limited Liability Partnership have a constitution in the form of Memoradum and Articles of Association like a company?

No, The Limited Liability Partnerships Act 2000 does not impose a structure for the management of an Limited Liability Partnership. There is no statutory provision for general meetings, directors, company secretary, share allotments, etc. As with the existing common law partnership, these are matters for the partnership agreement which we recommend you have drawn up.