What is a Limited Company
What is a Limited Company? A limited company is a type of business structure that has been incorporated at Companies House as a legal ‘person’. It is completely separate from its owners, it can enter into contracts in its own name, and it is responsible for its own actions, finances, and liabilities. The owners of […]
Directors Responsibilities
Limited company directors responsibilities As a limited company director you have certain legal responsibilities. Specifically, you must submit (‘file’) various forms and returns to both Companies House and HMRC. Choosing to run your business as a limited company gives you many advantages. It’s usually the most efficient way to run a business in terms of […]
How to set up a Limited Company
Setting up as a limited company is one of the smartest and most tax-efficient ways to get paid for your work. Steps to set up a limited company: Choose the type of limited company for you Once you’ve decided to set up a limited company, you have to choose which type you wish to form. […]