Setting up a limited company – the basics

There could be a number of reasons why you’ve made the decision to set up a limited company.

For most, setting up as a limited company is an attractive option as it ensures that your personal assets are completely distinct from company finances. This is vastly different from sole traders, who are personally liable for their business actions.

Whatever your motivation, you need to ensure that you strictly adhere to the Companies Act when setting up your limited company. This is the central framework in which companies with limited liability must work.

Our basics guide will help you do this, offering you a useful insight into how to correctly incorporate a limited company, from choosing your company name to filing important legal documents.

Part 2: Deciding on a company name>

Covered in this guide

Part 1: Introduction

Part 2: Deciding on a company name

Part 3: Incorporating a limited company

Part 4: Your obligations as a limited company

Part 5: Business Insurance

Constructaquote.com is a trading title of Moorhouse Group Ltd which is authorised and regulated by the Financial Services Authority. The Financial Services Authority's Register can be accessed through http://www.fsa.gov.uk/Pages/register Reg No 308035.

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