BACK

What are the advantages of trading as a limited company?
21st May 2014

1. Perhaps the most attractive benefit of trading as a limited company is the aspect of limited liability. Essentially this protects the personal assets of the officers should the company run into financial difficulties.

2. Many of the costs and administrative requirements associated with running a limited company are now not much more than those of a sole trader or partnership. Limited companies also instil added confidence in suppliers and creditors; many large organisations will only conduct business with limited companies.

3. Finally, the ownership of a limited company can easily be divided up through the sale of shares. The shares can be further used as a means of generating capital.

PLS Solicitors specialise in advising on the complex area of corporate law, especially company formation. We offer a friendly, efficient and effective legal advice on any area of corporate law.

Get in touch for a free quote or advice, without obligation.

Get a Free Quote From PLS
If you need any help or simply have a question, please get in touch...