Benefits of registering as a limited company
- Aimad Ben
- Jan 1, 2024
- 1 min read
Updated: Jul 13, 2024
There are a number of benefits to registering as a limited company, including:
Limited liability: This means that your personal assets are protected from the company's debts.
Separate legal entity: The company has its own legal identity, separate from the directors and shareholders. This means that the company can enter into contracts and sue and be sued in its own name.
Tax benefits: Limited companies pay Corporation Tax, which is a lower rate of tax than Income Tax.
Access to investment: Limited companies can raise money from investors by selling shares. This can be useful for businesses that need to raise capital to grow.
If you are thinking about starting a business in the UK, registering a limited company is a wise decision. It offers a number of advantages that can help your business to succeed.
If you need help registering your limited company, please contact Ben Accounting so We can guide you through the process and ensure that everything is done correctly.
