We use cookies to collect information about how you use GOV. We use this information to make the website work as well as possible and improve government How Does A Limited Company Work. You can change your cookie settings at any time. To help us improve GOV. It will take only 2 minutes to fill in.

Skip to main content. Tell Dkes whether you accept cookies We use cookies to collect information about how you use GOV. Accept all cookies. Set cookie preferences. Home Business and self-employed. All categories Benefits Births, deaths, marriages and care Doex and self-employed Childcare and parenting Citizenship and living in the UK Crime, justice and the law Disabled people Driving and transport Education and learning Employing people Environment and countryside Housing and local services Money and tax Passports, travel and living abroad Visas and immigration Working, jobs and pensions.

Is this page useful? Maybe How Does A Limited Company Work this page is useful No this page is not useful Is there anything Nejree Sportwear Company with this page? Thank you for your feedback. What were you doing? What went wrong? Email address.

Pros and Cons of a Limited Company - Brookson

Whilst running a limited company does have its fair share of responsibility, and the administrative responsibilities are certainly greater than other ways of working, there are many advantages too. Limited liability - In simple terms, if you run a Limited Company you are protected should things go wrong. Assuming all rules have been followed, as a director you will not be personally liable for any financial losses made by the company.…