Can I start a limited company?
The process of setting up a limited company is known as incorporation. You can incorporate a company whether you’re brand new to business, or if you already operate as a sole trader or partnership and want to turn your existing business into a company.
Can one person start a limited company by themselves?
Yes, you can! Lots of people choose to go into business by themselves, and find operating as a limited company is the most tax efficient structure for their needs. Even as a sole director of the business, your company is considered a separate legal entity, which affects what you will be liable for as an individual.
Our guide explains who can start a limited company, and goes into more detail about the incorporation process to help you get started.