{"id":237,"date":"2021-08-25T21:57:45","date_gmt":"2021-08-25T19:57:45","guid":{"rendered":"https:\/\/cloudcounting.uk\/spolka-limited\/"},"modified":"2023-07-27T12:32:02","modified_gmt":"2023-07-27T10:32:02","slug":"limited-company","status":"publish","type":"page","link":"https:\/\/cloudcounting.uk\/en\/offer\/limited-company\/","title":{"rendered":"Limited Partnership"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><strong>Limited partnership \u2013 where to begin?<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">If you want to have <strong>a minimum amount of formalities<\/strong> to complete when running a business, while paying <strong>small National Insurance contributions<\/strong> and having <strong>a large personal allowance<\/strong>, then starting up a limited partnership in the UK is an ideal choice. Although the office of a limited partnership has to always be within Great Britain, if you have an online shop then you can have a virtual office set up.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To set up a limited partnership you will need to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>choose a director and company shareholders, as well a secretary (optional); the director can simultaneously be the company\u2019s only shareholder,<\/li>\n\n\n\n<li>establish the value of the share capital,<\/li>\n\n\n\n<li>choose the company\u2019s address; this should be the address of your main place of business. It cannot be just a PO box if no address and postcode is provided,<\/li>\n\n\n\n<li>choose a name for your new limited partnership company.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Starting up this type of partnership can be done in<\/strong> <strong>under 48 hours<\/strong>, with all registration done <strong>online.<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Advantages and disadvantages of a limited partnership<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Owning a limited partnership brings a variety of benefits, including <strong>a simple registration process, annual settlements with the tax office, fairly low contributions towards National Insurance, and a substantial personal allowance<\/strong>. Therefore, running your business on this basis <strong>is very simple and relatively inexpensive<\/strong>. Additionally, if you settle your accounts in Great Britain for at least 10 years, it is possible for you to receive <strong>retirement benefits<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The biggest disadvantage of a limited partnership, which is significant if you don\u2019t reside permanently in Great Britain, is that<strong> the company headquarters must be registered under a UK address<\/strong>. However, this shouldn\u2019t be an issue if you work remotely, for example, if you are an IT specialist, graphic designer, translator, architect, tutor, or even if you have an online store.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Is a limited partnership right for me?<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">If you are looking for an effective way to minimise your company\u2019s costs or you want to set up your first company in the UK, a limited partnership is most likely the best option. Are you still wondering about whether this is the solution for you? Get in touch with us, and we will answer your every question and will advise on how to optimise your accounts.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here is what we can offer:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>registering for VAT,<\/li>\n\n\n\n<li>running all the company accounts,<\/li>\n\n\n\n<li>preparing annual tax reports,<\/li>\n\n\n\n<li>informing the correct legal entities about any changes to your company.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Why choose us?<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The service we offer involves <strong>all formal and accounting aspects<\/strong> linked with running a business. With us, you don\u2019t have to worry about any formalities which you must remember when starting and running your own companies because <strong>we will take care of them for you<\/strong>. Thanks to this you will be able to give 100% to your business.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When working together with us<strong>, you always know how much you will pay, and what you\u2019re paying for<\/strong>. Whenever possible, we draw up the total costs right at the very beginning, so you don\u2019t have to worry about any hidden fees. Our advisors are waiting for you to contact them. <strong>We are available every working day<\/strong> from 9am to 5pm. Just drop us an email or give us a call, and we will respond as soon as possible.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Limited partnership \u2013 where to begin? If you want to have a minimum amount of formalities to complete when running a business, while paying small National Insurance contributions and having a large personal allowance, then starting up a limited partnership in the UK is an ideal choice. Although the office of a limited partnership has [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":246,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-single-offer.php","meta":{"footnotes":""},"class_list":["post-237","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/cloudcounting.uk\/en\/wp-json\/wp\/v2\/pages\/237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cloudcounting.uk\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/cloudcounting.uk\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/cloudcounting.uk\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/cloudcounting.uk\/en\/wp-json\/wp\/v2\/comments?post=237"}],"version-history":[{"count":4,"href":"https:\/\/cloudcounting.uk\/en\/wp-json\/wp\/v2\/pages\/237\/revisions"}],"predecessor-version":[{"id":445,"href":"https:\/\/cloudcounting.uk\/en\/wp-json\/wp\/v2\/pages\/237\/revisions\/445"}],"up":[{"embeddable":true,"href":"https:\/\/cloudcounting.uk\/en\/wp-json\/wp\/v2\/pages\/246"}],"wp:attachment":[{"href":"https:\/\/cloudcounting.uk\/en\/wp-json\/wp\/v2\/media?parent=237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}