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:
The most popular way to start up in business in the UK is as a sole trader. So why do IT contractors avoid this route, and work via their own limited companies or umbrella schemes? Read more
We look at two of the documents required when you set up a company, with particular reference to the Articles of Association. Read more
A limited company may distribute any retained profit it has made to its shareholders. Board meeting minutes and dividend vouchers must be completed in all cases. Read more
Most limited company contractors will be used to submitting an Annual Return (AR) each year to Companies House. This form has now been replaced by the ‘confirmation statement’, courtesy of the Small Business, Enterprise and Employment Act, which came into force on 30th June 2016. Read more
Following the introduction of the Companies Act 2006, limited company directors can provide a ‘service address’ to appear on the public record, and keep their residential address private. Read more
Limited company contractors communicate with Companies House in a number of ways each year, from submitting their annual returns, to providing company information updates. Read more
You set up your company, it was a successful operation, but now you’ve moved on and the company is just sitting there. How do you go close a limited company down? Read more
All company directors carry a number of legal and financial responsibilities, as detailed in the terms of the Companies Act 2006. Read more
In this article, we look at the processes involved in closing down your contractor limited company for good. Read more
At some stage during your contracting career, you may decide that you would like to change the name of your limited company. Read more