Many people set up a company, and, to be fair, this isn’t a difficult thing to do. It involves visiting the website at Companies House and simply filling in some required boxes and before you know it….Boom! You have your company.
However, there is more to it than that.
There are many ways in which a company can be set up to build in protection of company assets, flexibility for the future, tax planning opportunities for now and the future, such as:
Changing the structure of the company at any time, after it has been created, can very often have an unwanted tax effect and can involve company documentation that is time-consuming and expensive.
So, it’s a good idea to set the company up for it’s future intentions.
Amanda can provide you with a brief review of your business objectives in creating a company and guide you to the most appropriate company structure for you and the future of the business and your personal life.
Richard was on the verge of setting up his company online.
He was setting up a new business that he and his wife had been planning.
After a meeting with Amanda, it became evident that the structure of the company should include a few different types of shares. This was so that he and his wife could own the company – structured in such a way that was not equal, but representative of the contribution that they both continue to give.
“Just having the guidance and support there, at the time of an important step for the business, gave great comfort”
