Limited Company

Setting up a limited company can be very cheap and easy to do through a formation house.

However before you jump in at the deep end and set one up, have a read about what you will be getting yourself into as an owner and director of a limited company.

It means a life time of responsibilities which if not met can lead to very heavy fines and penalties and in the very worse case a criminal record!

Don't be put off, once you know what you are doing they can be straight forward to run; with the help of your accountant of course!