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We've written a blog post on this very subject!
https://www.qualitycompanyformations.co.uk/blog/sole-trader-or-limited-company-what-is-better-for-me/
We hope that helps.
The best way to deal with the fake reviews is to respond them as a business owner. Explain why the review is wrong/fake. It creates more trust and shows that you care for your business.
I would suggest you review the company Memorandum & Articles for any specific rules for your company. Normally director remuneration comes from shareholders but the directors can make recommendations to them.
The ability to appoint directors comes from the Memorandum and Articles of Association. Normally it is the shareholders who appoint new directors though directors can recommend new directors to the shareholders .
Your own tax liability relating to the company will only be on income received from the company, whether it be a salary or dividends. If you are paid a salary it would be unlikely that you would have any further tax to pay but if you are paid in dividends then they would be declared in a tax...
There is likely to be a double tax treaty between the UK and Ireland which would mean that you were not taxed twice on the company profits. I can only advise that you discuss your questions with an accountant.
You can pay yourself in dividends if you are a shareholder in the company which would mean that you pay tax at the year end. You would only need to set up PAYE if you have any employees.
If you were to pay yourself a salary, then there would be no other tax on your wages and the salary would...
There are many business address service providers who offer their address for your company’s primary correspondence, and they will forward all your business mail to an alternative address of your choosing. The price is between £75-150 a year. Note: It is not a registered office address where you...
The most of them are set up to generate a money. They bring up so many different categories to fit you into the award. On top of the entry fee, they invite you to their Gala ceremony which could easily cost you 2-3k for 5 members of staff.
Director's address is an official contact address where directors will receive personal statuary mail and correspondence from third parties about the company.
Companies House will display this information on the public register.
It can be seen by all members of the public.
It can be anywhere in...
Quality Formations limited is a London based online company formation services provider in the UK. We provide 8 different company formation packages, forming companies limited by shares, limited by guarantee and limited liability partnerships.
In addition to our packages we also offer our...