You will receive incorporation certificate within 24 hours
There are many legal structures to be considered for your business but only one is the most suitable for your situation. The most common and considered the safest is forming a LTD company which is a Limited Liability, meaning it is limited to the shareholders equity while the minimum shareholders’ capital is only £1. This type of legal entity is so popular that there are over 3 million established companies in the United Kingdom.
Before incorporating your business you should consider the following:
- Name of the proposed company;
- Address of the establishment;
- Who will be the director or directors;
- What is the starting capital.