A popular way to contract is via your own limited company. After choosing a company name, and going through the initial incorporation process (which is very simple), you should familiarise yourself with your obligations as a company director, and the typical events in the life of a limited company.
Here are some of our most popular guides to setting up and running a company:
Guide to setting up a limited company – everything you need to know if you decide to go down the incorporation route.
What is Companies House – the registrar of UK companies? – all private companies are listed here. What information do you need to submit each year?
Which is best for me – limited or umbrella company? – there are pros and cons to each business structure. Which is most suitable for you?
Choosing a company name – things to be aware of – there are legal restrictions to the name you choose for your new company.
You can set up a limited company right away via our formations partner, Clever Formations. Packages start from £12.95.
The 2007 MSC legislation was created to target the use of contrived corporate structures, which provided (mainly) professional workers with the tax benefits of working via a limited company, but without the responsibilities. Read more
There may be a time when you want to take a break from contracting or other business activity, whilst keeping your limited company in an ‘inactive’ state. How to make your company dormant. Read more
If you are considering closing down your limited company – possibly as a result of the April 2021 ‘Off-Payroll’ changes in the private sector – what is the most tax-efficient way of achieving this goal? Read more
Moving from an umbrella to limited company structure should be a hassle free process – here are some things to bear in mind before making the move. Read more
The limited company business structure is frequently used by professional contractors and many other small businesses. Read more
Which trading structure should you use when you start our as an IT contractor? We look at how umbrella and limited companies work in practice. Read more
A guide to dividends for contractors. How much income you draw down as dividends, when to distribute them, and what paperwork you need to complete. Read more
We look at the advantages and disadvantages of contracting via a limited company – a tax efficient option for many, however directors do carry a number of statutory and financial obligations. Read more
The UK has one of the most unrestricted company formation regimes in the world, however not everyone is allowed to become a company director. Read more
When you incorporate a new company, you will receive a Certificate of Incorporation, which you may be asked to produce at various stages in your business life. Read more