Should I Have a Limited Company?
... Company name is registered then it is immediately protected as Companies House will not allow the registration of another identical Company name. You should remember though, that Domain Name Registration on the Internet is not automatically protected as these names are not registered in the same way and are not dealt with by Companies House. Companies who become Limited can use this as part of their corporate identity. The Ltd in a company name can give the sense of image, stability, sophistication, credibility, and permanence and may help when trying to secure large contracts. When Limited Companies are raising capital they can issue stock to investors ... trying to secure large contracts. When Limited Companies are raising capital they can issue stock to investors to raise capital which may be more advantageous than borrowing and making interest payments. A corporation can also issue and sell additional stock. This can take away some of the reliance on the banks or other money lenders. The annual compliance requirements for a company in terms of administration and accounting tend to result in costs being higher with a Limited Company than for a sole trader or partnership. Annual accounts need to be prepared in a format dictated by the Companies Act and, in certain circumstances ...
Tags: Online Accounting | Online Accountant | Online Accountants | limited company | limited companies | |
Tags: Online Accounting | Online Accountant | Online Accountants | limited company | limited companies | |