Limited Company Formations - Help, Guides & Advice

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Advantages and disadvantages of a community interest company (CIC)

Published in Company formation on May 30, 2018 by Johnathan Korchak

A community interest company (or CIC) is a special form of non-charitable limited company, which exists primarily to benefit a community or with a view to pursuing a social purpose, rather than to make a profit for shareholders.…

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Tags: business types, community interest companies

How do I tell HMRC my new company is dormant?

Published in Company formation on February 15, 2018 by Eunice Brain

This article explains the process of registering a new company as dormant. We also provide a free template letter that can be used to inform HMRC of the new company’s dormant status.…

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Tags: dormant companies, HMRC, Company Formation

What is a limited company?

Published in Company formation on September 9, 2017 by Johnathan Korchak

A limited company is a form of business which is legally separate from its owners (typically shareholders) and managers (formally called directors). In the UK, it must be incorporated at Companies House, which confers the status…

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Tags: incorporation, business types, limited company

What is an unlimited company?

Published in Company formation on August 30, 2017 by Johnathan Korchak

An unlimited company – or private unlimited company, since an unlimited company must be set up as a private company – is a type of business available both in the UK and elsewhere. In this article, we look at the features,…

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Tags: business types, unlimited company

What is a public limited company?

Published in Company formation on November 26, 2016 by Johnathan Korchak

Around 95% of companies in the UK are private limited companies. The public limited company (or plc) is more rare and tightly regulated, but often seen as more prestigious.…

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Tags: incorporation, business types, plc

Advantages and disadvantages of a public limited company

Published in Company formation on November 25, 2016 by Johnathan Korchak

A great number of businesses choose to incorporate as a company limited by shares rather than other forms, such as the sole trader, partnership, limited liability partnership (LLP) or company limited by guarantee.…

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Tags: business types, plc

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2018 Review
of UK Company Formations

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