How to set up a limited company

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This is a very popular business structure as it’s fairly easy to set up. It’s a separate legal entity that trades in its own right and possibly the biggest draw is that it generally allows for limited financial liability for those involved in setting it up. Directors are responsible for the day-to-day operations of the company and the members are those who own shares in the company.   

In this section we discuss limited companies and you’ll find a range of template documents that may be of use to you in running your limited company.

The content on elXtr has been prepared by LHS Solicitors. It’s intended as guidance only and not to be regarded as a substitute for consultation with one of our solicitors, since every case will ultimately turn on its own particular facts and circumstances. We recommend that you use our materials as your starting point and be aware that you sometimes have to follow a set procedure before taking any action, especially in an employment context. If you are in any doubt, we’d suggest that you get in touch with us and we’ll talk you through your options on how to get the right legal advice.

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