Running a private limited company

Setting up a private limited company can suit all sizes of business and provides various advantages over operating as a sole trader or partnership. One of the main advantages is the fact that liability is only limited to what you invest in the company. However this advantage also generates more paperwork and official documentation, which is published at Companies House.

If you choose to set up a private limited company, registration with Companies House is essential and this includes choosing a name which hasn't already been taken. Rocket Lawyer's Incorporation service will help you choose a company name which isn't already taken and assist in incorporating your company within 48 hours.