Are you thinking about forming a limited company but feeling a bit overwhelmed? If you’re unsure where to start or want to know more about what’s involved, we’ve got all the information you need right here!
A limited company is an organisation formed to run a business venture. It is a separate legal entity from the persons who own or run it. The company is owned by members. Members can be individuals or other limited companies. Ownership is held through shares in the limited company. A member’s stake in the company is the ratio of the shares owned by that member to the total number of shares issued. Each member’s liability is limited to the original value of the shares received but not paid for.
Directors are appointed to run the company. Directors do not need to own shares in the company.
The company’s finances are separate from the members’ and directors’ personal finances.
So what are the advantages of forming a limited company?
- You won’t be personally liable for financial losses.
- The company’s name will be protected by law.
- Transferring ownership of a company is straightforward.
We have a skilled and experienced that can incorporate your business with ease. Our team is committed to delivering exceptional services and utilise their knowledge of the industry to help you create your limited company.
If you would like to find out more about our limited company formation service or if you have some questions that you would like to ask a member of our team, please feel free to contact us today.