Being the director of a limited company comes with many rewards, one of which is being in charge of your salary. But how exactly do you pay yourself as a company director?
All limited need to file a Confirmation Statement and Annual Accounts on a yearly basis. Even if they’ve never traded.
Even if Halloween isn't here, it’s understandable to be fearful - who knows what ghouls and ghosts lurk in the darkness? In this blog post, we’re looking at a far more realistic threat - company fraud.
When incorporating a Limited by Shares company you will need a Director and a Shareholder. Both are pivotal to the general running of the company with the differences depending on the company type; Limited by Shares, Limited Liability Partnership (LLP) or Limited by Guarantee.
During the limited company formation process you need to provide a number of different addresses: Registered office Shareholder address Person with significant control address Director’s service address Director’s residential address In this post we’re going to concentrate on the final address is this list; the director’s residential address. Whilst this is clearly where the director lives, there are still some important things that you should know about the address.
All UK limited companies must have at least one director, one shareholder and one person with significant control (PSC). All these roles can be taken by one person, however - as well being able to appoint other people, you can also appoint other companies in roles too.
Valentine's Day is nearly here and to celebrate we thought we'd shoehorn a ‘love theme’ into a business blog. take a look at some big dates that you really shouldn’t forget when it comes to your limited company.
So you know what a director is (the person who runs the company), what a shareholder is (the person who owns the company), what a person with significant control is (the person who really owns the company) and what a secretary is (the person who takes care of the company admin… if you want to appoint one) but what on earth is a subscriber? Let’s take a look.
When it comes to a limited company’s director there’s quite a bit you can change online: Name, service address (official address), residential address, occupation, even the nationality. The date of birth however, is not so simple to update.
When forming a limited company it’s possible to have another company acting as any of the following: director, shareholder, person with significant control (PSC), and secretary. These are called ‘corporate appointments’.
At Company Formation MadeSimple we get many queries regarding certain terms and phrasings, in particular, to do with the registered office; a limited company’s official address at Companies House (the UK’s registrar of companies). In this post, we will look at and answer some of these common questions.
Running a business can be extremely rewarding but unsurprisingly, rather stressful too. To help all you business owners out there, and anyone else for that matter, combat stress - we've created this '7 stressbusting tips for the small business owner' infographic.