What is an LLP? and Why Should I Form a Limited Liability Partnership LLPs in the uk
As the term suggests, an LLP is a type of partnership where the liability of each member is limited. In this case, to the investment/obligations made by each member. It is a helpful way of protecting a member’s personal assets, especially for businesses that tend to operate as general partnerships:

Solicitors
Doctors
Architects
As you will notice, those involved in an LLP are referred to as members instead of directors, shareholders or guarantors. In some settings, you may see members referred to as “partners”. There must be a minimum of two members to register an LLP, but there is no upper limit on the number of members allowed.
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