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Setting up an LTD. Company

Essential business insights.

A limited (LTD.) company is a business structure that is a separate legal and financial entity from the person or people running it. The advantage here is that a company has limited liability, which means that if your business fails or is sued, your personal assets are protected.

A limited company:

  • Must be registered at Companies House
  • Has its own bank account(s)
  • Pays tax
  • Can be bought and sold in the form of shares

Gov.uk have a full guide to setting up a limited company.

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