Company Guides
How to set up a limited company in the UK. From the incorporation process to ongoing tasks such as dealing with Companies House, and maintaining your company records.
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How to take money out of a limited company
If you own a limited company, you generate income for the business. So, how can you take money out of the company legally, and tax-efficiently?
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What are different classes of shares used for?
Today, many companies have just the one class of shares – ordinary shares. However, there are many different classes of shares. Read on to find out more.
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Forming a company – what is the meaning of ‘limited liability’?
In what sense do any shareholders and directors have limited liability should things go wrong with the business? What does this mean in reality?
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Are you allowed to run your business from home?
The answer to this much-asked question depends on where you live, whether you’re the property owner or tenant, and the kind of business you want to run.
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Who can become a limited company director?
Although most can hold the position, some people are disqualified from running a company. What rules govern the appointment of a limited company director?
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Business structures: limited company, sole trader, partnership, LLP
If you want to start a business in the UK, you will typically work as a sole trader, as an unincorporated partnership, via your own limited company or LLP.
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How to choose a good name for your new limited company
Choosing a name for your limited company is a big deal – it is going to be the name that underpins everything you do in your business. It will carry your reputation and guarantee how memorable you are to future customers. However, there are rules you should be aware of when making your choice.
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What is a limited liability partnership (LLP)?
A limited liability partnership (LLP) is a business model that shares some characteristics with both a limited company and a regular partnership while possessing unique features of its own.
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What are the Articles and Memorandum of Association?
When registering a new limited company, you must provide (or adopt) Articles of Association, which act as the company’s ‘rule book’, and an initial list of subscribers via a Memorandum of Association.
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Limited company or sole trader – compare business structures
Going self-employed or setting up your own company are the most popular ways to set up a business. Look at our comparison table to view the differerences.
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Shareholders’ agreements – how to minimise the chances of future disputes
If you’re starting up a business for the first time, you can choose which business structure most suits your needs. A limited company offers liability protection for its directors and is usually most tax efficient route to take. Here we look at the advantages (and disadvantages) offered by incorporating.
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What advantages does a limited company offer?
If you’re starting up a business for the first time, you can choose which business structure most suits your needs. A limited company offers liability protection for its directors and is usually most tax efficient route to take. Here we look at the advantages (and disadvantages) offered by incorporating.