Hi, guys. Riley from London, here. I am looking to start a new company, but have got no clue how to do it. I always assumed you just did business as you saw fit, and then registered with HMRC for taxes etc. But now that I’m ready to start my first business, it is looking like there are quite a lot of rules and a very rigid legal path you must follow to do what is called “company formation”. But what exactly is company formation? Is it the same as incorporation? And how does it work? Thank you!
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