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Why should I form a limited company ?
To limit the risks to your home and your other assets. Companies have debts
they are not shared by their employees. Sole Traders debts are the debts of
the individual involved. It is often also an issue of expectation, will your
customers be influenced by your status as a Limited Company.
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How old does a director have to be ?
At least 16 years for companies registered in Scotland. There is no age restriction
for companies registered in England and Wales. However, Duport requires permission
from a parent or guardian before accepting a company formation order from a
person under 16 years of age.
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Is there a limit to the number of directors ?
No, there must be at least one director plus a company secretary.
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Why doesn't this cost more ?
Because we believe it's a fair price, try us out and tell your friends.
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