When incorporating a Limited by Shares company you will need a Director and a Shareholder. Both are pivotal to the general running of the company with the differences depending on the company type; Limited by Shares, Limited Liability Partnership (LLP) or Limited by Guarantee. We know it can be confusing when setting up a company, so we have written this handy post that covers the differences between these two roles and everything else you need to know.
When you form a company you just want to get on with it. Most people dream of running their own business and find that official aspects of administration and filing within a company confusing. There are so many terms and phrases involved and that’s why it can be sometimes frustrating for people. Continue reading Jargon buster! Company formation terms explained