LtdCompany.Co.uk
Ltd company is the most popular choice for Company formation UK. There are two types of limited company – public limited company (PLC) and private limited company (ltd company). The paperwork for a private limited company is less than that of the public Limited company. Ltd company formation is a process of Company registration with the Companies House. The process of Co incorporation is sometimes referred to as Ltd company registration, Ltd company formation. Ltd company registration in the UK is governed by Companies Act 2006. Ltd company registration requires a minimum of one director and one shareholder. A Director of a Limited company can be a corporate body, but at least of Director has to be a person. A secretary is no longer required for Limited company formation, but advisable. Limited Liability Company formation or Limited Liability Company registration is done electronically online. Company registrations of limited companies can be completed in 3 hours, subject to Companies House workload. Company formations agents incorporate most Limited companies in the UK. Ltd Company registration can be done through Companies House directly but it can take up to 4 weeks. UK Companies Limited offers online Company formation for Limited Liability Company and UK LLP. Limited Liability Company represents the majority of the Company formations in the UK. The uses of Limited Liability Company and the advantages of Limited Liability Company formation outweigh those of other Ltd companies structures. Company registrations, Company registration, Company formation UK, Ltd in UK can be done through Limited company formation agents like us. Limited Liability Company registration has name restrictions imposed by Companies House. During Company registration process you must check that the Ltd company is available and does not contain sensitive names, like British, Royal, International, etc. Such Limited company formation will be delayed as Companies House will ask for supporting evidence. Company formation UK is inexpensive compare to Limited company formation in other EU countries. . Limited companies in UK are also easy to maintain. The Company formation, Company registration, Ltd company formation of the Ltd company will be rejected by Companies house if not all requirements for company formation UK are met. Company formation agent like us will help you to avoid Ltd in UK Company formation UK being rejected as we are familiar with the Companies House Limited Liability Company registration rules. UK LLP (Limited Liability Partnership) is becoming a popular choice for Co incorporation. UK LLP legal framework is governed by Limited Liability Partnership Act 2000. UK LLP requires minimum two members (partners). UK LLP members can be corporate bodies, but at least two members have to be designated. UK LLP members’ responsibilities are similar to Ltd companies directors. UK LLP, unlike a Ltd company is not subject to Corporation tax. Individual members (partners) of UK LLP are paying income tax on the profits from their trading activity through Limited Liability Partnership. Ltd company shareholder is treated the same for legal and tax purposes. UK LLP member is a separate legal entity only in legal terms. UK LLP members are taxed their share of profits generated in a tax year, unlike Ltd companies shareholders on profits withdraw from ltd company. It is worth looking into what is the best Co incorporation entity for you - UK LLP or Limited company.
