Companies formation services
We offer LTD , LLP and LP companies formation services in United Kingdom.
You need to choose a legal structure for your business that defines your responsibilities:
- the taxes you will have to manage and pay
- how you can personally take the profit your business makes
- your personal responsibilities if your business makes a loss
You can incorporate a private limited company (LTD) to run your business, its finances are separated from your personal financed. Profit received from business is taxable.
Read more about Limited company here
You can set up a limited liability partnership (LLP) to run a business with two and more members. Each member pays tax on their share of the profit, and is not personally liable for any debts – their liability is limited to the amount of money they invest in the business.
Read more about Limited Liability partnership here
You can incorporate limited partnership (LP) to run a business where business is managed by general partner. Each member pays tax on their share of the profit. General partner is personally liable for all partnership debts, limited partners are only liable up to amount they initially invest in the business.
Read more about Limited partnership here
You can start working for yourself as a sole trader, then you can keep all your business profits after tax have paid. You are personally responsible for any losses that your business makes.
Read more about company formation service here→