Benefits of a Private Limited Company

Private Limited Company advantages

The choice of company structure is still really yours, but here are a few benefits we see in a Private Limited Company:

• They are simpler to follow - Partnerships can get complicated (Private Equity Co.s and Venture Capitalists use it in trying to dodge tax), but Partnerships aren’t that well suited for fast growing entrepreneurial businesses. Sole Traders don’t have limited liability

• They are scalable – whether you are a one-man band, or multi-trillion-pound business, the concepts of of Private Limited Companies still apply and don’t change. (Your reporting obligations may increase if you get very big!)

• Shareholders and Shareowners (the business owners) will only have limited liability – they can at most lose (in money terms) what they have invested

• Private Limited Companies can be more efficient, (and often more flexible!), for a given level of effort involved, when it comes to dealing with Tax