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Limited Company
formation (incorporation).
Often, the first stage
to setting up your own business is to think about your trading name and
then get your domain name. The next step is deciding whether you intend
to be a sole trader, partnership, limited liability partnership or a limited
company. Trading as a limited company has distinct advantages. The only
real disadvantages are the requirements for annual returns to be filed
with companies house.
Advantages include
the limitation of your personal liability - this can avoid costly losses
if the "worst" happens. Trading as a limited company also appears
more professional.
.ltd.uk - Nominet
UK restrict the use of the .ltd.uk designation to companies of exactly
the same name. Therefore, the only way to obtain bloggs.ltd.uk is to form
the company "bloggs limited".
(aq) can incorporate
your limited company within 5-10 working days and have paperwork dispatched
soon after, allowing you to set up bank accounts and start trading almost
straight away.
To order
a company formation click here. For more information on company law
and your obligations, please see the companieshouse
website. Forming a limited company is usually a very smart move. You first
need to search to check if your company name is already taken - click
here.
Other considerations.
Once you've registered your domain names yourcompany.com, yourcompany.co.uk
and also formed yourcompany limited, you may want to consider further
protection in your marketplace by filing a trademark application. This
is not an area which (aq) can advise on, and encourage you to consult
with a reputable trademark attorney.
What you get:
Multiple copies of
memorandum and articles of association. Company register. Certificate
of incorporation. Registration of the corresponding .ltd.uk name for 2
years.
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