When you set up a business partnership you need to:
- choose a name
- choose a ‘nominated partner’
- register with HM Revenue and Customs (HMRC)
The ‘nominated partner’ is responsible for managing the partnership’s tax returns and keeping business records.
Naming your partnership
You can use your own name or trade under a business name - read the rules for naming your partnership.
You must include all the partners’ names and business name (if you have one) on official paperwork, eg invoices and letters.