Worldwide Corporate Services has the tools and expertise to provide you with one of the most efficient UK limited company formation service available anywhere. The main characteristic of a UK company is the fact that it exists as a separate entity from its owners or shareholders. This means that in the event of any financial difficulty like bankruptcy, the owners of the company cannot be held personally liable. The limited liability advantage which a UK company can provide cannot be too stressed upon. Unlike other forms of companies like sole trading and partnerships, the UK limited company has its own assets, liabilities, profits and losses. It should be mentioned that a UK limited company must submit annual accounts to the Companies House, who then makes these accounts available to the general public.
The good news about a UK limited company formation stems from the fact that the costs and administrative requirements associated with operating a UK limited company are virtually the same as those needed for a sole trader or partnership. UK limited companies generally obtain a high level of business confidence from suppliers, large organizations and creditors. If you wish to raise capital for your UK limited company, you can do so by expanding the ownership base through the sale of shares. Should you choose Worldwide Corporate Services to form your limited company, you will need a company name, one director, one secretary and one shareholder.
Contact us here for more information about UK company formation and other types of incorporation.
Need more information?
Please contact us by phone on 0870 351 0012 or by e-mail at info@worldcorporate.co.uk
