Company and Business Advice

Pros and Cons of Company Incorporation

Pros

  • A Limited Company can be more tax efficient. Check your particular circumstances using Pro-Leagle's Limited Company vs. sole trader tax calculator.
  • Easier to borrow money.
  • More cost effective if buying commercial property.
  • Creation of a secure family inheritance.
  • Limited liability if things go wrong.

Cons

  • More time-consuming rules and regulations to adhere to.
  • Costs more to run.
  • Exceptionally, you may be held personally liable.
  • For further information about Company Incorporation, contact Pro-Leagle.