Trading as a Limited Company has always been a better way to trade because of the limited liability bestowed upon the company’s Directors and Shareholders. In the event of liquidation, winding up or receivership, Directors or Shareholders personal assets are not put at risk as long as the business has been operated legally and in accordance with the terms and provisions of the Companies Act.
SRM Accountants can set up your limited company for you and you can be legally trading the same day. We will give you advice on the best way to structure your company and its shareholdings. We also have advice on the rules, regulations and responsibilities of running a limited company and to make sure it is really the best route for you.
Our Company formation packages can include…
- Advice on the pros and cons of incorporation in your own situation;
- Appointment of directors;
- Appointment of company secretary;
- Issue of subscriber shares;
- Registered office services;
- Completion of all necessary minutes and resolutions;
- Assistance in opening a bank account;
Tax review with regard to company formation – forming the company yourself and getting this wrong can be very costly!
To check the availability of a Limited Company name, you can use the Companies House Information Service. Type in the name you want, select the option for “Company Name Availability Search” and see if it comes up in the list.