10 advantages of setting up a limited company
There are several advantages to working via a limited company. Here we look at the benefits – including lower tax and limited liability.
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Limited Company
Setting up a limited company marks an exciting (and often daunting) milestone for any new business. The section provides step-by-step guides to walk you through the entire company formation process.
Learn the pros and cons of a limited company structure, including limited liability and tax efficiency. Understand director and secretary roles and responsibilities. Get tips on choosing a unique (and legal) name for your company.
Learn about articles of association, share allotments, director appointments, share certificates and statutory registers.
You can set up a company right now via the UK’s leading formations company, 1st Formations. Prices start from £12.99 for the digital package.
To find out more about setting up a company, try these popular guides:
10 advantages of setting up a limited company
How to set up a limited company
How much does it cost to set up a company?
For more in-depth guides, try Limited Company Help.
What is Companies House? What forms do you have to submit?
If you run a limited company, you will deal with Companies House fairly regularly. In this article, we look at Companies House’s main functions and the obligations company directors have.
Issuing new shares in your limited company explained
As a limited company owner or director, one way you can raise capital, reward employees or facilitate expansion is by issuing new shares in your company.
How to set up a limited company – the basics
Everything you need to know about setting up a limited company in the UK. Make sure you read this guide before you start the formation process.
Limited company or sole trader – which is best for me?
One of the first tasks you will have when starting up your business will be to decide whether to set up a new limited company, or become self-employed.
Running a limited company – what is a service address?
If you’re a company officer – typically a director or secretary – you need to provide Companies House with a correspondence address to receive official paperwork. This is also known as a ‘service address’.
How much does it cost to form a limited company?
It may surprise you to find out that you can form a limited company – direct via Companies House – for a mere £12. However, you may prefer to pay an intermediary to do this on your behalf – which will increase the cost.
Steps to remove a limited company director
In this comprehensive article, we will explain the essential steps on how to remove a director of a company. We also explore various other critical considerations that must be taken into account throughout this process.
Getting a mortgage as a sole trader vs. limited company owner
If you work for yourself and want to buy a property, you’ll have to prove your income to your lender. We look at how the mortgage application process works for both sole traders and limited company owners.
Tax-efficient ways to pay yourself through a limited company
To explain more about the tax advantages of a limited company, we asked a leading accountant to outline the tax-effective ways you can pay yourself via your own company.