Limited Companies

is this right for you

Many people have heard that forming a limited company is the best way to operate a business. This is certainly true in many cases but; every year; thousands of companies are formed for the wrong reasons and at some unnecessary cost to the directors.

In most circumstances, a limited company offers greater protection than a sole trader business or partnership and there is some scope for advantageous tax planning.

The regulations applicable to companies requires a greater input on administration which, for a limited company, includes dealing with:

• Formal registration with Memorandum and Articles of Association
• Annual returns
• Maintenance of shareholder records
• Preparation of Statutory accounts in prescribed format
• Formal declaration of dividends when proposed
• Production of Dividend tax vouchers
• Proper maintenance of Directors loan accounts
• Corporation tax returns and computations
• All of which is more burdensome than life in the non corporate business world

Are you interested in exploring whether a limited company is the right choice ? Do you need someone to handle this for you ? Do talk to us.

By Post

Regency
Victoria House
8 Richmond Terrace
Stoke-On-Trent
Staffordshire
ST1 4ND

By Phone

01782 286334

By Fax

01782 201003

By Email

info@regency.uk.net

Online

www.regency.uk.net

Office Hours

Mon to Fri - 9am to 5pm
Sat - Closed
Sun - Closed

Appointment Hours

Mon to Fri - 9am to 9pm
Sat - 9am to 6pm
Sun - 10am to 4pm