How to set up and run a limited company. From incorporation to dealing with ongoing administration. Here are our most popular guides:
A limited company is a specific type of company registration that offers investors and managers protection from liabilities incurred by the business. This is known as an incorporated structure and means the company has its own identity, responsibilities and rights in law.
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. It is important, therefore, that it is given plenty of thought. There are also
Unlike active companies, dormant limited companies do not trade at all. Although most enterprises registered with Companies House are processing income and expenditure, dormant companies are just standard limited companies which are inactive.
Companies House is the government body responsible for administrating company information in the UK. As a company owner, you will interact with the agency when you first form a company, submit accounts or your Confirmation Statement, or make changes to the data stored about your business.
When you first register a new limited company, you need to provide (or adopt) Articles of Association, which act as the company’s ‘rule book’, together with an initial list of subscriber via a Memorandum of Association.
A Community Interest Company (CIC) is an enterprise set up to make a profit for the benefit of the community. CICs first appeared in 2005 and were designed to address the lack of non-charitable businesses or community-based companies.
The UK tax authorities introduced new regulations on 30th June 2016 which introduced a new piece of paperwork for all businesses registered at Companies House to file. The new annual confirmation statement has replaced the annual return (Companies House form AR01) but does all the same things – just in a simpler way.
You may decide to set up a business with one or more other self-employed individuals. Here, we look at how you can form a partnership, how your new joint venture will be taxed, and how to protect the partners in case things go wrong.
