When setting up your company you need to decide at an early stage how you intend to structure it. What type of company legally beneficial - a Limited Company, a Partnership, Limited Liability Partnership or Sole Trader?
This decision can have both legal and practical implications, so it’s an important decision to make. It’s advisable to seek individual advice before you commit yourself to any of the four basic options:
Limited Company
A limited company is where shareholders (members or owners) have limited liability to the company’s debts. Their liability is restricted to the value of the shares that they own or the guarantees that they signed up to. This could be as little as
Post a Comment