Limited Company or Sole Trader

Accountant Aberdeen

Once you’ve decided to take the plunge and start your own business, one of the first big decisions is whether you set yourself up as a Limited Company or Sole Trader. Choosing the right legal structure will depend on your personal situation and future plans for the business and there are pros and cons for…

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Withdrawing money from a Limited Company

Accountant Aberdeen

A limited company is a type of business structure where the company has a legal identity of its own, separate from its owners (shareholders) and its managers (directors). In the UK there are three main types of limited company; private company limited by shares, public limited company and private company limited by guarantee. If you…

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