How do I tell HMRC my new company is dormant?
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.…
Company formation
What is a limited company?
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. This confers the status of…
What is an unlimited company?
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,…
What is a public limited company?
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.…
Advantages and disadvantages of a public limited company
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.…
What is an LLP agreement?
When setting up a limited liability partnership, it’s common to put in place a limited liability partnership agreement – which you might also see called a members’ agreement, LLP agreement, partnership agreement or deed of…
2021 Review
of UK Company Formations
Read our comprehensive review of UK company formations in 2020, year-on-year growth rates and breakdown by county. This detailed insight is provided in the form of easy to understand infographics available for sharing through social media and on your own website
