Register and Setting up a UK Limited Company

Login / Register Company Formation Packages LLP Incorporations Why Choose Us Free Business Banking Ready Made Companies Regent Street Services Dormant Company Formation Apostille and Notary Services Certificate of Good Standing Company Dissolution Company Name Change Company Registers Company Restoration Services Company Seals & Wafers Dormant Company Accounts Renewals
Company Formations Just Became Easier!
1. Company Directors can protect their home address details.
2. You are no longer required to have a Company Secretary.
Feedback :
Comp Faqs Vicky. Thank you for all the help and support you gave me in forming my first company. Your patience and understanding was far and above what I normally receive when buying online. George, Brighton.      

Different Types of Business Entity


A business entity is the vehicle a person or group of people use to carry on a trade or activity.

There are four main types:

Each of these business entities has its own particular benefits and its own set of drawbacks, such as limited liability, ease of setup and the level of bureaucracy, which is required to run them.

The decision of which trading structure to adopt might be the result of weighing up the pros and cons of each choice and then seeing which of them fits best with the objectives, style and aspirations of the business under consideration.

The kind of business entity chosen at the start-up stage does not prohibit the creation of a similar enterprise at a later date and allow both to run simultaneously under common ownership. It might also be possible and advantageous to transfer the trade of one type of business under one structure to another.

In choosing a type of entity, persons might wish to consider the norm, which may exist within a particular industry or business. For example, Solicitors practices are usually partnerships; larger businesses are generally companies and so on.

Email This Page  Print This Page

Free Company Name Search

Contact Details:
  +44 (0)2920 488 688
  +44 (0)207 1181 800

About Us
Contact Us
Getting Started
What You Receive
How to Form a Company
About Us
Site Search

Customer Comments