How To Form A Ltd Company (UK) 2022

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  • Опубліковано 12 кві 2022
  • I'm explaining what a limited company is, why you might want to form a ltd company in the UK, what you'll need to consider before forming a company in 2022 plus I'll be showing you 2 ways to get your company setup for as little as £12.
    Need help?
    bit.ly/utr-number

КОМЕНТАРІ • 15

  • @arturkonopka766
    @arturkonopka766 Рік тому

    Great content, absolutely love it man, keep up the good work 👍

  • @charmainereid1527
    @charmainereid1527 Рік тому

    Thank you for a very straight forward explanation.

  • @catherineahonsi4989
    @catherineahonsi4989 Рік тому

    Excellent video.Thanks

  • @arnoldtse7952
    @arnoldtse7952 Рік тому +1

    very useful video, I learn do much, thanks

  • @thandikubeka1910
    @thandikubeka1910 2 роки тому +1

    Thank you so much, this was very informative, I have learnt a lot.

    • @tax2ulimited
      @tax2ulimited  2 роки тому

      Glad it was helpful!

    • @ebojfmdboojoh4023
      @ebojfmdboojoh4023 Рік тому +1

      In reality, limited liability for a newly formed company does not exist. Anybody lending a company money that has been only recently formed will only do so if it is secured against the assets of the shareholders or directors. I mean who is going to lend money to a business with no trading history ?? For the majority of people Limited Liability is really not a reason to form a limited company. In fact 99.9% of business starting out in the UK should not be starting out as a limited company as there is no purpose. You won't be saving any tax, unless you anticipate huge revenue from day one, you will have added expense in accountancy fees etc and you will be scrutinised far more and have far more paperwork to file, and legislation to comply with.

  • @benrichuk
    @benrichuk Рік тому

    Looking forward to the video that compares self-employment status vs changing to a limited company

  • @ctoumi2
    @ctoumi2 Рік тому

    This is an excellent explanation of a Limited company - Thank you for these brilliant videos. Maybe a video about VAT post-Brexit EU/ROW import/export Goods/services would be extremely helpful to a lot of small companies Thank you :)

  • @nikkion2140
    @nikkion2140 Рік тому

    can you have more than one SIC codes?

  • @gerardjacobs925
    @gerardjacobs925 2 роки тому

    p̴r̴o̴m̴o̴s̴m̴ 👌

  • @ebojfmdboojoh4023
    @ebojfmdboojoh4023 Рік тому

    I'm just curious why anyone needs a tutorial on forming a Ltd company. Just go online and fill in the boxes.

    • @jordantoovey4581
      @jordantoovey4581 Рік тому +2

      Pretty ironic when you’re watching the video wouldn’t you say?

    • @ebojfmdboojoh4023
      @ebojfmdboojoh4023 Рік тому

      @@jordantoovey4581 No I wouldn't, I've read the Art of War by Sun Tzu. It doesn't mean I was looking to start a war