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Destinations: British Virgin Islands, UK, Hong Kong SAR, Cayman Islands, Seychelles. Services: Offshore Company Setup, Offshore Bank Account, Merchant Account Services. RTRSupports Limited: Order Now and Get your Company & Bank in 1 Day. We are authorized by the Association of Company Registration Agents, ensuring our company documentation is of the highest quality, always up-to-date and compliant with current regulations and legislation.
The majority of new companies registered in the UK are companies limited by shares. This is the standard business structure for any company which has been formed with the intention of generating profit for the owners of the business.
This structure is remarkably popular because it allows the sharing of profits amongst the shareholders whilst also offering restricted financial liability. The shareholders are only responsible for company debts up to the value of the shares they hold in the company. So their personal assets will be protected, should the company encounter any financial difficulties.
We offer a selection of company formation packages designed to make setting up a private limited company as simple and straightforward as possible. They range from the basic Digital Package – providing the minimum legal requirements for official company registration – to the All Inclusive, which includes a range of useful extras, such as a prestigious registered office, a mail forwarding service, VAT and PAYE registration and the filing of your company’s first Confirmation Statement (previously known as the Annual Return).
We also offer a Non-Residents Package, which provides a limited company and a full range of UK address services with international mail forwarding, making it easy to operate a company from outside the UK.
This company structure is commonly used by non-profit organizations in the United Kingdom. It protects the personal finances of the company owners in a similar way as a company limited by shares. Instead of having shareholders and shares, it has guarantors and guarantees. The guarantors’ financial liability is restricted to the amount of money they guarantee when forming the company.
Rather than the company owners sharing profits, any money generated is paid back into the company to help further its aims. In some instances, the owners may take a share of the profits but by doing so they will relinquish the company’s right to apply for charitable status.
Our specially designed limited by guarantee company formation package provides everything you need to set up a limited company for non-profit purposes, Please check our company formation packages page for the pricing details.
The LLP structure is often used by those forming a company in industries which traditionally operate as partnerships, such as law practices or accountancy firms. The primary benefit of setting up an LLP rather than a traditional partnership is the liability protection which it provides for the company partners – meaning their personal finances are protected in the event of the company encountering difficulties.
An LLP is also beneficial as it allows the company partners to remain separate to some extent – each partner is responsible for paying their own individual income tax via Self-Assessment, rather than the business being responsible for paying corporation tax.
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