A limited company is an organisation that you can set up to run your business. It is a separate legal entity meaning it is responsible for its affairs not you.
A Limited company is very popular for several reasons – tax savings, flexibility, perception of scale and limited liability which will prevent the owners of the company from being personally liable for the debts.
You can become a director to run the company. Directors normally have shares in the company but you can become a director without shares too.
The Company earns profit and pays Corporation Tax then it can share the profit with its shareholders through a dividend,
There are legal responsibilities and compliances running a company and this is where our assistance can be valuable to ensure the company fulfils its obligation We can advise on the optimum tax structure which will save tax.
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