How to set up a Limited Company [Infographic]

A limited company is a business structure that offers its members, shareholders and directors several benefits. Compared to sole traders or partnerships, it’s more tax efficient, personal liability is limited for all members, and it portrays a professional image. There are many reasons to choose to set up a limited company, but it all depends on your particular circumstances. 1st Contact Accounting offers individuals this checklist to drive setting up a limited company forward with ease.