Are you switching from Limited Company to Umbrella Employment? Click here to calculate your take home pay >>
We have created an information hub to support our Orange Genie Accountancy clients, our Umbrella Employees and agencies where the Covid-19 rules and legislation are explained for recruiters, contractors and the self-employed. Click here to find out more>>
Now you have decided to form your limited company, the next stage is to incorporate your company at Companies House.
When you register a business with Companies House, one of the pieces of information they will ask you for is the name of your company.
Orange Genie Accountancy can help, not only with the advice once set up but with the actual limited company formation itself.
When going through your limited company formation with Orange Genie Accountancy, you will need to decide on share structures, deciding these early on will determine what dividends.
One of the first actions you will need to take once your limited company formation has been completed is to establish a limited company bank account.
If your limited company formation has taken place, as the Director, the law says you must:
If your company is registered at Companies House, you must keep and retain certain accounting records showing your company's transactions and its financial position.
If you’re contracting through your own limited company, calculating the best way to pay yourself will be a priority for you.
We discuss the four different ways in which you can take money out of your limited company...
Following completion of your limited company formation, it is important to realise from the start that the limited company is a separate legal entity to the directors who form it.
If you would like to find out how Orange Genie could help you. Please fill out the form below and one of our new business team will be in touch.