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.
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.
To find out more about setting up a company, try these popular guides:
For more in-depth guides, try Limited Company Help.
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’.
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.
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.
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.
In this article, we explain what the purpose of a registered address of a limited company is, why you need one and how to change your registered address if you relocate.
One of the great advantages of trading through a company is to take advantage of ‘limited liability’.
This means that you are not responsible for the company’s debts if it goes bust. Unless you have personally guaranteed a liability – for example to a bank or landlord.
Read More »Can directors be personally liable for a company’s debts?
Setting up a limited company is a significant milestone for a fledgling business. The incorporation process may seem daunting if this is the first time… Read More »Set up a limited company via 1st Formations
One of the main benefits of trading via a limited company is that – if things go wrong – directors are not personally liable for… Read More »What does limited liability mean if you are a company director?
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… Read More »Limited Liability Partnerships – What is an LLP?