Articles Of Organisation Professional LLC for the United Kingdom

Articles Of Organisation Professional LLC Template for England and Wales

The Articles of Organisation for a Professional LLC is a foundational document establishing the structure and governance of a professional services company in England and Wales. While 'LLC' is primarily a US term, this document adapts the concept to UK company law requirements, establishing a limited company structure suitable for regulated professionals. It sets out member rights, management structure, professional requirements, and operational procedures in compliance with both Companies Act 2006 and relevant professional regulatory bodies.

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What is a Articles Of Organisation Professional LLC?

Articles of Organisation Professional LLC documents are essential when establishing a professional services company in England and Wales. While the LLC structure is more common in the US, this document adapts the concept to align with UK company law requirements. The Articles set out the company's constitution, including member rights, management structure, professional qualifications requirements, and operational procedures. They ensure compliance with both the Companies Act 2006 and relevant professional regulatory bodies, while providing flexibility for professional practice growth and development.

What sections should be included in a Articles Of Organisation Professional LLC?

1. Company Name and Registration: Details of the company name, registered office, and registration number

2. Purpose: Statement of professional services to be provided and business objectives

3. Members: Rights, obligations, and qualifications of members

4. Management Structure: Governance framework and decision-making processes

5. Capital Contributions: Details of initial and ongoing capital requirements

6. Profit Distribution: Rules for allocation and distribution of profits

What sections are optional to include in a Articles Of Organisation Professional LLC?

1. Professional Indemnity Insurance: Details of insurance requirements, used when required by professional regulations

2. Intellectual Property Rights: IP ownership and protection, used when IP is significant to the business

3. Non-Compete Provisions: Restrictions on competition, used when protecting business interests

What schedules should be included in a Articles Of Organisation Professional LLC?

1. Schedule of Members: List of initial members and their professional qualifications

2. Capital Contributions Schedule: Detailed breakdown of members' capital contributions

3. Professional Rules Appendix: Relevant professional body requirements and compliance procedures

4. Voting Rights Schedule: Detailed procedures for voting and decision-making

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

England and Wales

Publisher

Genie AI

Cost

Free to use
Relevant legal definitions
Clauses
Industries

Companies Act 2006: The fundamental legislation governing company formation and operation in the UK, including requirements for company registration, directors' duties, and corporate governance

Limited Liability Partnerships Act 2000: Key legislation governing LLPs in the UK, providing relevant principles for limited liability business structures

The Companies (Model Articles) Regulations 2008: Regulations providing default articles of association for companies registered under the Companies Act 2006

Professional Body Regulations: Specific regulations from relevant professional governing bodies (such as SRA, GMC) that regulate professional service firms in their respective fields

Professional Services Firms Regulations: General regulatory framework governing the operation of professional services firms in the UK

Financial Services and Markets Act 2000: Legislation governing financial services and markets regulation, applicable if the professional firm provides financial services

Data Protection Act 2018: UK's implementation of data protection requirements, including UK GDPR provisions for handling personal data

Employment Legislation: Various employment laws affecting the relationship between the firm and its employees or members

Corporation Tax Act 2010: Primary legislation governing the taxation of companies and corporate entities in the UK

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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