How to Set Up a Limited Company

Public Limited Company (PLC) or a Community Interest Company (CIC) Private Limited Company (Ltd): UK are the three types of them.The relevant structures of the two contractors are not - so we will focus on a limited company down.

Limited companies profit

The first important advantage that they are offering limited liability 'structures. This means that the company's shareholders are not liable for the loan it should fail.

Ltds in law an existence in itself - the registration is a bit like a birth registration! The company is responsible for your loan, your own bank account and you have applied for loans and finance.

Payroll and Paye system but employees (contractor) must be in place to pay. In general it is advisable for the company to an accounting firm to deal with this responsibility.

Requirements for Limited Companies

Owns a 1.00 pounds a share that is required can also be directors and shareholders require a minimum of shareholder - the shareholder is required. A limited company (a PLC) in place is no longer required for a company secretary.



- Certificate of incorporation: the company's birth certificate and makes the company as a legal entity.



Articles of Association which describes how the company will be run.

Who can set up a limited company?

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The 31 Day Guide To Starting Your Own Accounting Business - Day 1 - Your Business Model Basics

This is some heavy stuff here, so be prepared to take notes. This means that print out at all to write this article as you read it. The first part looks a little clearer, and there about the difference between business models and business strategy is a lot of controversy. It is one which comes first, the chicken or the egg type questions. (Well, British scientists have the answer to that question is the chicken. Check it out.)

During that time it became a catch phrase to explain all kinds of sins.

However, the business model has been around since the beginning of business.

Xerox is a good example.

Understanding the business model gives us a way to understand how a business makes money. Many times it is the result of a newly developed technique.



Before the concept will help you understand how your firm or any firm, defines its competitive strategy to understand, through products and services you offer, how you charge for them and what they give you cost for.

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