I am a decorator. What type of company would be best for my business?

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My goal is to set up a company in London that will operate primarily as a decorating firm. How to achieve this goal? With your advice! First hurdle is as follows: what type of company structure am I supposed to go for? I know there are a few options, I just don’t know which is right for me.

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Ideally, you should incorporate a limited by shares company. This is the best one for businesses that intend to make a profit because you can pay yourself tax-efficiently through dividends. You can set it up on your own as the sole shareholder and director, and you will enjoy limited liability for debts and claims up to the value of your shares.

10 months ago
 

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