A limited company is most popular business
models for all sizes of organisations. This is due to the many
benefits it provides over other types of legal business structures.
Whether you choose to register a commercial company limited by
shares or a non-profit company limited by guarantee, there are a
number of perks that far surpass those available to the sole trader
or contractor working through an umbrella company.
Types of Private Limited Company
Private limited
companies can be registered as 'limited by shares' or
'limited by guarantee', but what's the difference?
Limited by shares
Used by profit-making enterprises and
contractors.
Owned by one or more people known as
'shareholders', or 'members'.