[Deangsi]

hi guys just wondering how complicated it is to setup and run. basically i want to set up a ltd company where there will be 4 of us working 3 cleaners maybe 4 and 1 canvasser. anyone done this and how did it go ? cheers

[deeege]

See an accountant.

It really needn't be complicated at all. A company can be set up and registered for less than £100-£150. (Can't remember exactly)

Why do you want to set up a LTD company though? From the advice of an accountant or just because?

Apart from the cost of accountancy fees being higher because you will need to file a full set of accounts each year, there really are no other extra charges compared to being a sole trader.

[deeege]

http://www.companieshouse.gov.uk/infoAndGuide/companyRegistration.shtml

[Deangsi]

i need to employ 2 staff so thought it mite be easy having a proper company i want it all lagit and correct

[formb]

See an accountant.

[Deangsi]

kwl will do

[Approved]

Go on line and set a company up from £24-95, why pay an accountant £295 to £350 to do a 5 minute job

[steve rix]

i need to employ 2 staff so thought it mite be easy having a proper company i want it all lagit and correct

You can employ whilst still being a sole trader with no hassle at all.
As others have said; speak to your accountant