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…
Become self-employed or set up a limited company?
One of the first and most important decisions you make when you set up a new business is to decide what type of legal structure you should work under. So which business structure is best…
10 advantages of running your business via 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…
What is Companies House? What forms do you have to submit?
When setting up and running a company, you will have regular involvement with Companies House. In this article, we look at the main functions of Companies House and what obligations limited companies have.
Which is best? – sole trader, limited company, partnership or LLP?
The type of structure you use will depend on a number of factors unique to the business you want to start. In this article, we look at the main structures – sole trader, limited company,…
Tax-efficient ways to pay yourself through a limited company
There are a variety of reasons why businesses or consultants may choose to operate via a limited company. For some, the protection limited liability offers is a key benefit. For others, the potential tax benefits are…