Apply for limited liability partnership status in Yukon

  1. What is a limited liability partnership?
  2. Decide on a name
  3. After you decide on a name
  4. What if you do not send your documents in by the expiration date?
  5. How to prepare your documents
  6. After we receive your documents and payment
  1. What is a limited liability partnership?

    A limited liability partnership (LLP) is a common business arrangement. Professionals, such as accountants, lawyers and others will often choose to acquire status as a limited liability partnership.

    This type of partnership provides partners with more liability protection. General partnerships do not provide the same amount of liability protection.

    In Yukon, a general partnership consisting of professionals can apply for “limited liability” status. They're able to apply for this status if they meet statutory requirements. This includes provisions in the legislation that license and regulate the profession.

  2. Decide on a name

    Applying for a LLP status in Yukon is a 2-step process:

    1. Register as a general partnership.
    2. The partnership applies for LLP status in Yukon.

    A general partnership cannot use “LLP” in their name. “LLP” is automatically added to the firm name once the LLP status is approved and filed in the registry.

    The persons who've entered in a partnership with one another are called a “firm.” The name under which their business is carried on is called the “firm name.”

    The next step is to decide on a firm name under which you want to carry on business in Yukon.

    Reminder: do not use “LLP” in your application for the name reservation of your general partnership.

    See the full list of naming guidelines in the Naming Regulation.

  3. After you decide on a name

    To obtain a certificate of name reservation, you must submit the following to our office:

    Follow these steps for registering your firm name.

    The proposed name has to follow the requirements of the Naming Regulation. If the name does this, we'll issue a certificate of name reservation. This is valid for 90 days.

    The process can take up to 5 business days.

  4. What if you do not send your documents in by the expiration date?

    The certificate of name reservation is valid for a period of 90 days. Within the 90 days, you can proceed to complete the required documents.

    Submit your application by the expiration date on the certificate. If you miss this date, you'll have to:

    • resubmit an application for name reservation; and
    • pay the $40 fee again.

    When you receive your certificate of name reservation, submit the following forms in this order:

    1. Form 4 ‒ Declaration of partnership
    2. Form 12 ‒ Application for registration as an LLP
    3. Form 17 ‒ Statement from governing body of a prescribed profession
  5. How to prepare your documents

    How to fill out the forms

    The information you provide on the form must be legible. Also be sure to complete each section.

    Declaration of partnership

    Download and complete Form 4 ‒ Declaration of partnership.

    Section 1: Name

    The name must match the name appearing on the certificate of name reservation

    Section 2: Date partnership formed

    This date can be a previous date or the date of submission. However, it cannot be a future date.

    Section 3: Address of business

    “Delivery address” refers to a physical location. Include an address or other description to identify a person’s home or place of business. This does not include a post office box.

    “Mailing address” refers to where you send mail. Include a complete mailing address, including the postal code. This address can be a person’s home, place of business or post office box.

    Section 4: Partner designated as representative of the partnership

    A designate does not need to be appointed. However, if a designate is not appointed, all partners must sign any renewals or changes to the partnership. Some changes may require all partners to sign.

    Section 5: List partners in the partnership

    List partners who are individuals and who are entities.

    If the partner is an individual include:
    • last name;
    • first name; and
    • mailing address.

    Sign and date the form.

    If the partner is an entity include:
    • the name of the entity; and
    • its Yukon registry number (the entity must be registered).

    The individual signing for the entity must include their:

    • last and first name;
    • relationship to the entity; and
    • mailing address.

    When you’ve finished filling out the declaration, sign and date the form.

    Application for registration as an LLP

    Download and complete Form 12 ‒ Application for registration as an LLP.

    Section 1: Name of partnership

    The name must match the name appearing on the declaration of partnership, with the addition of LLP.

    Section 2: Yukon registry number

    Include the Yukon registry number for the partnership.

    Section 3: Prescribed profession

    Include the prescribed profession which 1 or more partners practise in Yukon.

    Section 4: Name of practising partner

    Include the name of each partner who practises the profession in Yukon. If a partner is an entity (corporation, society or partnership), include its registry number. Include the name of each individual practising the profession on behalf of the partner.

    Section 5: Home jurisdiction of partnership

    Include the home jurisdiction of the partnership.

    Section 6: Name of partners

    Include the names of the partners signing. If a partner is not an individual, include the name and title of each individual signing for them.

    Section 7: Certify and sign

    Check the appropriate box and sign the form.

    Section 8: Date

    Include the date you signed the form.

    Statement from governing body of a prescribed profession

    Download and complete Form 17 ‒ Statement from governing body of a prescribed profession.

    Section 1: Name of partnership

    The name must match the name appearing on the declaration of partnership, with the addition of LLP.

    Section 2: Yukon registry number

    Include the Yukon registry number of partnership.

    Section 3: List partners

    Include the name of each partner who practises the profession in Yukon. If a partner is an entity (corporation, partnership or society), include its registry number. Include the name of each individual practising the profession on behalf of the partner.

    Section 4: Enactment governing profession

    Include the name of the Yukon law that governs the profession.

    Section 5: Name of governing body

    Include the name of the governing body of the profession.

    Section 6: Name and title

    Include the name and title of the individual signing the statement on behalf of the governing body.

    Section 7: Certification

    Ensure the partnership and partners listed meet eligibility requirements and have liability insurance. To certify, include the signature of the individual signing on behalf of the governing body.

    Section 8: Date

    Include the date you signed the form.

    Submit your documents and pay your fees

    After the forms are completed, submit them along with the fees.

    The cost of filing an application for declaration of partnership is $25. The cost of filing an application to obtain LLP status in Yukon is $200.

    How to pay

    You can pay by:

    • cheque;
    • credit card;
    • cash; or
    • debit card.

    Cheque

    Provide a cheque in the appropriate amount made out to Government of Yukon.

    Credit card

    We accept Visa, Master Card and American Express payment at the office. If you send your documents by fax, email or mail, provide a phone number where we can reach you. This is so you can give us your credit card information.

    Cash or debit

    Payment in cash or with a debit card can only be made in person at our office: 307 Black Street, 1st floor

    COVID-19 office operations

    Until further notice, because of the COVID-19 safety measures, the office is closed to the public.

    Deliver your documents to us

    You can drop off forms in our secure drop box. It's in the entrance of our building between the outside and inside doors. You'll also find copies of the most used forms next to the drop box.

    When you put your forms in our secure drop box, you can include:

    • cash;
    • cheque; or
    • a payment information form to contact you for credit card payments.

    To pay with debit card, you'll have to make arrangements beforehand:

    1. Phone us: 867-667-5314
    2. Tell us a date and time when you can come to our office.
    3. Our staff will meet you in the entryway between the interior and exterior doors at the agreed-to time with a point-of-sale terminal.

    Our offices are open Monday to Friday from 8:30 a.m. to 4:30 p.m.

    Phone: 867-667-5314, or toll free in Yukon 1-800-661-0408, extension 5314

    Email: corporateaffairs@gov.yk.ca

    Mail:
    Government of Yukon
    Corporate Affairs (C-6)
    Box 2703,
    Whitehorse, Yukon Y1A 2C6

  6. After we receive your documents and payment

    Processing time

    After we've accepted and filed all your documents, you'll receive a confirmation. The process can take up to 5 business days.

    The registration will be valid for a period of 3 years. Before the expiry date, the partnership and LLP status must be renewed for the following 3 years.

    Legal advice

    Staff at Corporate Affairs cannot provide any interpretation of legislation or operational advice of any sort regarding:

    • business corporations;
    • sole proprietorships;
    • partnerships;
    • cooperative associations; or
    • societies.

    If you need advice, talk with a professional such as a lawyer or an accountant.

    Our staff cannot provide legal advice or services. For legal matters, contact a lawyer or phone the Yukon Law Line: 867-668-5297, toll free 1-866-667-4305

    Business identifier numbers and taxes

    For information about business identifier numbers, taxes and charitable status, visit the Canada Revenue Agency.

    Business licences

    For information about business licences, phone the City of Whitehorse 867-668-8346 or email adminbuilding@whitehorse.ca.


Contact 

Our offices are open Monday to Friday from 8:30 a.m. to 4:30 p.m.

Phone: 867-667-5314, or toll free in Yukon 1-800-661-0408, extension 5314

Fax: 867-393-6251

Email: corporateaffairs@gov.yk.ca

Mail:
Government of Yukon
Corporate Affairs (C-6)
Box 2703,
Whitehorse, Yukon Y1A 2C6