Different types of business structures for your startup

Starting a business is exciting, but it requires research and planning to give yourself the best chance of success. One of the most important tasks is choosing the right business structure. In this video, we explain the four types of structures you can use.

Useful Links
GOV.UK – Self Assessment tax returns
https://www.gov.uk/self-assessment-tax-returns

GOV.UK – Corporation Tax
https://www.gov.uk/corporation-tax

Rapid Formations – Registered office address Service
https://www.rapidformations.co.uk/additional-services/london-registered-office/

Rapid Formations –  Confirmation Statement Service
https://www.rapidformations.co.uk/confirmation-statement-service/

Blogs

Rapid Formations – Sole trader or limited company?
https://www.rapidformations.co.uk/blog/sole-trader-or-limited-company/%22%20/t%20%22_self

Rapid Formations – Can a sole trader have employees?
https://www.rapidformations.co.uk/blog/can-sole-trader-have-employees/

Rapid Formations – VAT registration – the pros and cons
https://www.rapidformations.co.uk/blog/vat-registration-the-pros-and-cons/

Rapid Formations – What is a limited liability partnership?
https://www.rapidformations.co.uk/blog/limited-liability-partnership-llp/

Rapid Formations – What is a limited company?
https://www.rapidformations.co.uk/blog/what-is-a-limited-company/

Rapid Formations – Limited company advantages and disadvantages
https://www.rapidformations.co.uk/blog/limited-company-advantages/

Rapid Formations – How do I pay myself from a limited company?
https://www.rapidformations.co.uk/blog/pay-myself-from-limited-company/

Chapters
0:00 Intro
1:02 Sole trader
1:58 How to set up as a sole trader
2:35 General partnership
3:13 How to set up a general partnership
3:47 Limited company structure
5:21 How to set up a limited company
6:18 Limited liability partnership or LLP structure
6:59 How to set up an LLP

About Rapid Formations:
Rapid Formations is the UK’s Number 1 Rated Company Formation Agent on Trustpilot. Every year, thousands of new business owners place their trust in us to form their companies. We make it easy and affordable to set up a UK limited company. We also have an expansive range of products and services to meet the evolving business demands of our clients.

Website: https://www.rapidformations.co.uk
Blog: https://www.rapidformations.co.uk/blog/
Facebook: https://www.facebook.com/rapidformations/
Instagram: https://www.instagram.com/rapidformationsofficial/
LinkedIn: https://www.linkedin.com/company/rapid-formations
Twitter: https://twitter.com/rapidformations

#RapidFormations #companyformation #companystructure #soletrader #limitedcompany #llpgeneralpartnership

Tags