Limited Company Setup

[sooty]

Hi,

Can anyone point me or recommend me how to set up a Ltd company.

I know that I can do it myself, or there are companies offering to do it, but what I'm looking for is preferable a company or accountant that specialises in area of online businesses that can advise me.

I'd also be looking to transfer personal assets i.e. existing domain holdings, into the Ltd company.

If any of you are currently Ltd, I'd definately appreciate any of your own personal recommendations.

My current areas of interest are domains names but also affiliate marketing.

Many Thanks

sooty

 

[keys]

Hi Sooty

I am months ahead of you, on the same road. I used an online service to form our Ltd company, it is quite easy and there are many outfits to choose from. I would recommend the service that we used, and I have since registered more companies through them.

The important part of incorporation is getting things right at the outset. Often people think that a Ltd company is what they need, without being fully aware of the costs and responsibilities.

I would certainly advise talking to an accountant beforehand. We have recently switched to a savvy and experienced online accountant, I would be happy to pass on his contact details.

An excellent source of information for small businesses can be found at www.startups.co.uk

 

[charlie]

from what i've heard there is a very fine line between being a sole trader and a limited company.
In the old days there where lots of benefits to being a limited company but recent changes to tax and what you can claim back mean if you can its best to trade as a sole trader for as long as possible.
Firstly i would work out whats best for you - not sure of the deciding factors so this post aint much help but if you find someone who knows ask them this first