BEFORE WE REGISTER WE NEED TO...
. National Insurance number
. All the contact information for the Buisness
. Your ten-digit Unique Taxpayer Reference number if you have previously completed a Self Assessment return. You’ll find this on letters or forms sent by HMRC about your tax return.
need to know the:
. name or partnership
. partnership contact info
. trading name and address.
. nature of buisiness, for example, plumbers, investment business, electrical engineers.
. when the buisness comenced
. Partnership type:
Limited Liability Partnership (LLP) Limited liability is a concept whereby a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a company or partnership with limited liability.
Limited partnership (LP) pool the money of investors to develop or purchase income-producing properties. When the partnership subsequently receives income from these properties, it distributes the income to its investors as dividend payments.
. If your partnership is LLP or LP you must
Company Registration Number. name of nominated partner, corristondance address of partnership.
But WE ARE JUST A PARTNERSHIP, because it is low cost and simple to up and the best structure for our buisisnes.