Company Formations - What type of Company to Incorporate? (Part 2 of 7)

Forming a Company couldn't be easier with Andrew Millet (Principal of Wisteria Accountants, a leading firm of Chartered Accountants in London) as he explains all the steps and things you need to know about company formations.

This video (part 2 of 7) explains the type of company you can form or register and the benefits or negative aspects of each company type:

- Private Limited Companies (Ltd): Less administration, you have limited liability, and there are tax saving opportunities.

- Public Limited Company (PLC): Only if you intend to sell shares to the public, they are costly to administer and there are lots of regulatory requirements you have to meet.

- Limited Liability Partnerships (LLPs) - Costly to administer, however good for partnership arrangements in order to provide tax saving opportinities to shareholders/directors.

- Companies Limited by Guarantee - Typically used for charities, but quite rare as a company type.

- Private UNlimited companies - These are extremely rare as they offer no limited liability

- Community Interest Companies (CICs) - Typically used for Non-Profit Organisations that have community interest at heart.

This video was brought to you by
http://www.wisteriaformations.co.uk - a leading London based Company Formations Agent.

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• CIC
• Company Formations
• Company Formation
• Formation Agent
• Company Incorporation
• Registering a Company
• Company Registration
• Forming a Company
• Set-up a Company
• Ltd Company Formation
• Online Company Formation