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When you make the switch from a sole trader to a private limited company, you become a private company that’s owned by a group of shareholders, rather than being owned by one or more individuals in a ...
If such a company becomes insolvent, the owners' personal assets remain protected because the business is a legal entity and liable for its debts. Ltd. is an abbreviation for "limited" appears as ...
Any type of business can set up as a private limited company - for example, a plumber, hairdresser, photographer, lawyer, dentist, accountant or driving instructor. We Brits love nothing more than ...
Are you concerned about personal liability but don't want to pay higher taxes? A private limited company might be the best choice. A limited liability company is a hybrid business entity that ...