Creating a new limited company or limited liability partnership.
The process by which a new or existing business registers as a limited company.is called incorporation.
A company is a legal entity with a separate identity from those who own or run it. The vast majority of companies are limited liability companies where the liability of the members is limited by shares or by guarantee.
A business cannot operate as a limited company or a limited liability partnership until it has been incorporated at Companies House. Establishing your business as a company means the directors are required to file certain documents every year such as annual accounts and a confirmation statement. They must also inform Companies House about any changes, such as the appointment or resignation of directors or a change to the company’s registered office.
Companies House states that It may be worthwhile seeking professional advice from a solicitor or accountant before deciding whether an incorporated company is the best way for you to run your business.
We would be happy to help you decide if this is the right approach for your business and we offer a company formation service so that you don’t have to worry about setting up the company in the way that is best suited to your needs.
If you would like to have a chat about this please get in touch.
I work with Val and beyond the Numbers, because they are exactly that..more than just the numbers. They work hard to understand my business, understand the business needs that are unique to me. They then shape the support and service around those needs.
What I particularly like is that they are up for doing all sorts of support, from basic book-keeping, through to strategic challenge and insight. Trusted partners.
Martin Ewart, Bigwheel Leadership Ltd
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