What is a Limited Company in the UK?
The Limited Company is the company where the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. The Limited Company is separate from its owners and hence, it can enter into contracts in its name and the company will be responsible for its actions, finances and liability. Also, The limited company is considered as Legal person.
The Limited company in the UK can be incorporated at the Company house (UK registrar of companies). There are two types of Limited Company that can be incorporated in the UK as follows:
Limited Company by shares: Limited by shares companies are owned by one or more shareholders and managed by one or more directors.
Limited Company by guarantee: Limited by guarantee companies are owned by one or more guarantors and managed by one or more directors.
In the UK, registering your business as a Limited company is very beneficial. However, the process of the formation of Limited Company is complex and hence requires to be handled carefully.
Minimum Requirement for starting an incorporation process for the Limited Company in the UK:
- A name for the company
- An address for the company – this can be any UK address
- At least one director – this person does not need to be a UK resident
- At least one shareholder – this can be an individual or another company
Why Ebizfiling as your service Provider for Company formation in the UK?
Ebizfiling is a group of intellectuals. The entire team of Ebizfiling consists of Highly qualified CA, CS, Lawyers and business administrators. Ebizfiling runs its operations all over the world seamlessly. Ebizfiling will be one stop solution for your Company formation int the UK. We provide number of services which are required not only for starting a business but also for running the business successfully without any default or mistakes. In India we provide services like Start up advisory, Secretarial compliance services, Indian Subsidiary registration, Private Limited Company registration services, PAN / TAN application, DIN registration, GST registration, Trademark registration, GST / Income tax return filing and many more. You may get in touch with our compliance manager on 09643203209 or email firstname.lastname@example.org for free consultation and to know more about the services provided by us.