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Type Of Business Structure In The UK
Being an entrepreneur is the most powerful way to take control of your life and make extra money month after month. Within a few weeks or hours, you can start your own startup even though you have a full-time job. To be an entrepreneur you don't need a college degree, the deposits of money in the bank or even business experience. All you need is a strong plan and vision for the future to become the next major success.
The United Kingdom company law regulates corporations formed under the Companies Act 2006. Also governed by the Insolvency Act 1986, the UK Corporate Governance Code, European Union Directives and court cases, the company is the primary legal vehicle to organize and run business. There are 4 main types of business structures in the UK and each has various tax and liability implications for owners and shareholders:
Type Of Business Structure In The UK
Being an entrepreneur is the most powerful way to take control of your life and make extra money month after month. Within a few weeks or hours, you can start your own startup even though you have a full-time job. To be an entrepreneur you don't need a college degree, the deposits of money in the bank or even business experience. All you need is a strong plan and vision for the future to become the next major success.
The United Kingdom company law regulates corporations formed under the Companies Act 2006. Also governed by the Insolvency Act 1986, the UK Corporate Governance Code, European Union Directives and court cases, the company is the primary legal vehicle to organize and run business. There are 4 main types of business structures in the UK and each has various tax and liability implications for owners and shareholders: