How to form a limited company
Many businesses are making the change from being a sole trader to limited company to take advantage of the limited liability and also the opportunity for tax planning.
(Click here for the “How to save tax and National Insurance” article).
Suppliers and customers often prefer to deal with a limited company as it can imply stability, longevity and also the company’s accounts and details of directors are in the public domain. This makes it easier for credit reference agencies and debt insurance providers to recommend credit limits. Unfortunately your competitors can find out about your company’s performance, ownership and mortgages etc at Companies House from only £1!
Read more about How to form a limited company
Popularity: 11%
