Limited Liability Partnership (LLP) Registration

NGN45,000

Register Your Limited Liability Partnership (LLP) with CAC

A Limited Liability Partnership (LLP) combines the flexibility of a partnership with the liability protection of a company. Unlike traditional partnerships, all partners in an LLP have limited liability, protecting personal assets from business debts. LLPs must have at least two partners, and are legally recognized under CAMA as separate corporate entities with perpetual succession.

Registering an LLP with the Corporate Affairs Commission (CAC) is ideal for professional firms (e.g., legal, accounting, consulting), startups, joint ventures, and businesses seeking a flexible structure with liability protection for all partners.

Service Fee (All inclusive):

NGN45,000

Start Limited Liability Partnership (LLP) in Nigeria

Here's how SplashDict's team of CAC-accredited experts can help:

  • Filing & Documentation: We handle filings and required documents for registration of Limited Liability Partnership (LLP) with CAC.

  • Name Availability Check & Reservation: We conduct a CAC name search and reserve your preferred business name.

  • Official Confirmation: Receive Certificate of Registration (with Tax Identification Number), CAC Status Report, and Partnership Agreement for new LLP.

  • Transparent Pricing: Covers CAC fees and our service fee with no hidden charges.

  • Fast Processing: Completed within 2 to 10 working day(s), depending on CAC approval.

  • Secure Document Access: Your incorporation documents are securely stored online, accessible for free anytime, no need to pay CAC for re-downloads.

  • Ongoing Support: Get expert help from our Chartered Secretary and compliance team for all regulatory needs.

Limited Liability Partnership Company Registration

Why Register a Limited Liability Partnership (LLP)?

Registering an LLP allows businesses to enjoy the operational flexibility of a traditional partnership with the added legal protections of a corporate structure. It is especially beneficial for professionals, service providers, and collaborative ventures that require limited liability, scalability, and legal recognition.

  • Legal Recognition: An LLP is a body corporate, separate from its partners. It can own assets, sue or be sued, and operates with perpetual succession even when partners change.

  • Liability Protection: All partners enjoy limited liability, shielding personal assets from the LLP’s debts and obligations.

  • Scalability: No cap on the number of partners. Structure accommodates growth, whether with individuals or corporate entities.

  • Designated Partners: Every LLP must appoint two designated partners, with at least one residing in Nigeria. If all partners are corporate entities, two individual nominees must act on their behalf.

  • Tax Efficiency: Profits are taxed at the partner level (pass-through taxation), helping avoid corporate tax burdens.

  • Professional Credibility: Essential for opening bank accounts, applying for licenses or grants, and building trust with clients and regulators.

  • Exclusive Name Rights: Registered LLP names are protected under CAC, preventing others from using your brand identity.

  • Annual Compliance Requirement: Limited Liability Partnerships must maintain annual returns and adhere to regulations stipulated by the CAC to retain their legal status.

Requirements for Limited Liability Partnership (LLP) Registration with CAC

  • Business Name: Two name options ending with “LLP” or “Limited Liability Partnership”.

  • Business Objectives: Clear classifications and description of what the LLP does.

  • Business Address: Proposed principal place of business.

  • Partners’ Details: Names, D.O.B, Gender, addresses, ID, signature, passport photos, etc. 

  • Designated Partners: At least two individuals (one must be Nigerian resident).

  • Capital Contributions: Each partner’s capital contribution (whether in cash or in-kind) must be clearly stated.

  • Partnership Agreement: A draft agreement outlining the partners' rights, duties, and responsibilities.