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Company Formation

At DBS Corporate, we pride ourselves on our team’s expertise. If you are looking to set up a limited company, then we are here to help. We are extremely experienced in setting up such companies, as it is something we do regularly for our existing clients. Our client support is outstanding, you can always speak to us for advice should you need it.

Benefits of Company Formation

There are many advantages attached to setting up a limited company. These include being able to enjoy greater tax efficiency, claiming a wider range of expenses and enjoying extra protection. You can increase your take home pay by operating as a limited company, and you can claim various expenses, which can be used for corporation tax. The limited liability that comes with setting up a limited company means your personal assets such as your home, investments and car will normally be protected should your company enter any financial difficulties. There are also great benefits to be enjoyed in terms of freedom and flexibility.

Same Day Formation Available

The prospect of setting up a limited company can seem quite daunting, but with our help it doesn’t have to be. Your business is in the safest possible hands when you work with us at DBS Corporate. We can provide you with all the assistance you need, from start to finish. Some of our clients are even able to form their companies on the same day.

Have You Chosen a Company Name?

You will need to choose a company name before the formation process can begin. We can help you find out whether your name is unique and distinctive enough to be used. A good company name is essential for establishing a brand. We can also assist you with registering your business with Companies House and deliver all the help you need to start trading. In some circumstances, it will be more beneficial to set yourself up as a sole trader rather than a limited company. In any case, we will discuss your options with you in depth to make sure the right decision to ensure your goals are met. If you decide to operate as a sole trader, we can help you get registered with HMRC and the Government Gateway so you can get on with business quickly.

Creating a Limited Company

If you are confident that you want to create a limited company, we can set this up for you. The process includes managing all the relevant electronic documentation, and we can also provide you with a Director Services Contract. Furthermore, we will also set up a business account for you, ensure everything related to Corporation Tax, PAYE and VAT is set up efficiently and help you with Director and Company Secretary appointments if needed. We offer some of the most competitive prices for Company Formation on the market, but this never means compromising on the quality. You will also get a Certificate of Incorporation and share certificates.

Sole Traders and Limited Companies

Once a limited company is incorporated, it is seen as an individual ‘person’ by the powers that be and is totally separate from its owner. This means your finances and assets are entirely divided from those of your company. However, sole trader businesses and their owners are not separated in this manner. One of the most commonly-cited reasons for registering limited companies is to limit the financial responsibilities of the business owners. When a company is limited by shares, its owners are only liable for the value of their shares. If a company is limited by guarantee, owners are only liable for the values of their guarantees. Personal finances and assets are protected. If you are unsure as to which route you should take, then please do not hesitate to get in touch and one of our team will be more than happy to advise.