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    When starting a business, a large number of people go down the route of forming a limited company or, to give it its full title, a limited liability company.

    The alternative for someone starting up in business on their own is to trade as a sole-trader. There is less formal paperwork involved in going into business as a sole-trader, but a limited company can offer a number of advantages. These include greater opportunities to reduce the amount of tax you

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    mpany or, to give it its full title, a limited liability company.

    The alternative for someone starting up in business on their own is to trade as a sole-trader. There is less formal paperwork involved in going into business as a sole-trader, but a limited company can offer a number of advantages. These include greater opportunities to reduce the amount of tax yo

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    omeone starting up in business on their own is to trade as a sole-trader. There is less formal paperwork involved in going into business as a sole-trader, but a limited company can offer a number of advantages. These include greater opportunities to reduce the amount of tax yo
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    al paperwork involved in going into business as a sole-trader, but a limited company can offer a number of advantages. These include greater opportunities to reduce the amount of tax yo
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    r a number of advantages. These include greater opportunities to reduce the amount of tax your business pays, and increased protection of your personal assets in the event of the business running into problems.

    This article explains how a limited company is structured, and details the steps you need to take to form your own limited company.

    The first thing you will need to do is to decide on a name for your new limited company. Companies House mai

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