Annual Validation - LLP
Background
Under with section 22 of the Limited Liability Partnerships (Guernsey) Law 2013, all Limited Liability Partnerships registered in Guernsey are required to make an annual renewal submission each year in June unless the LLP was first registered on or after 1 May of the year in question.
The annual renewal must contain information which is correct as of the 31 May in the year in question.
Annual Validation Process
In May, the Registry will produce an annual validation form which will be sent to the registered office address of the LLP. This form will be pre-populated with the current information held on the register.
A Member of the LLP (authorised to make the necessary declaration) will then need to review the information contained on the renewal form and then sign and date the renewal form.
Once signed, the form must be returned to the Registry by 30 June. You will need to advise the Registry whether you wish to pay by debit/credit card, cheque or wish the fee to be charged to your Registry financial account.
The annual renewal fee has been set at £500 per annum. Late fees of £100 per month will apply with effect from 1 July. (These fees are set in accordance with the The Limited Liability Partnership (Registrar) (Fees and Penalties) Regulations, 2014.
