Being a limited company carries with it a great deal of responsibility and regulation, but it can also save a business a great deal of money. For example, a business with profits of £50,000 could save tax and National Insurance equating to well over £4,000!
Please see our limited company vs sole trader calculator (link) for further information, or contact us to discuss how limited company formation, or “incorporation” could be appropriate to your business.
We are able to incorporate companies electronically within a time frame of just 24 hours. At our meeting we can discuss and check the availability of your preferred company name.
In forming your company, a Certificate of Incorporation will be generated – this will detail your new company number and date of incorporation. The Memorandum and Articles of Association will also be produced, which basically summarise the legalities of your status as a limited company.
Following incorporation, we will register the new company for corporation tax and, where applicable, PAYE and VAT.
For help and advice on limited company formations, please do not hesitate to contact us.