10 advantages of setting up a limited company
Although the sole trader route, which is commonly referred to as being self employed, is the most popular way of running a business in the UK, there are significant advantages to operating via a limited company.
Set up a limited company via 1st Formations
If you are setting up a limited company for your business you will want it done quickly, professionally and without any hassle. That’s why we’ve teamed up with 1st Formations, the UK’s leading company formation…
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…
What does limited liability mean if you are a company director?
One of the main benefits of trading via a limited company is that – if things go wrong – directors are not personally liable for the company’s debts, unless they have breached their statutory duties,…
Limited Liability Partnerships – What is an LLP?
An LLP shares many of the features of a partnership, but also offers its members limited liability from any financial problems the business may face in the future. Here we explore how to incorporate and…
What is a dormant limited company, and when might one be useful?
A dormant company is just a standard limited company that doesn’t trade and has no accounting transactions. There are two main situations where owning a dormant limited company can be useful for start-ups and small…