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The pros and cons of setting up your own Limited Company

If you're an existing sole trader or researching the start of your freelance career, then you might be wondering how to set up a limited company. It costs less to register than you might assume, but it's still important to understand the benefits and downsides.

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Greater tax benefits
Limited liability
Treated as a separate entity
Protected name
Professional image
Securing funding
Shareholders
Pension contributions
More regulation
Increased accountancy fees
Management time
Public records
Is it difficult to be a company director and how do you maintain your company?
How do I choose an accountant?
Why should I consider using a fixed fee accountancy package?

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