Business Type Question

Hi, I am setting up a new account for a new company which is a company limited by guarantee. I have seen advice to use Limited Company and also advice to use Charity (Limited). Are you able to advise which is correct please? Many thanks!

Hello @CHJ944

The type of company you select would determine the nominal structure you are given.

You would select:
Sole Trader or Partnership if no corporation tax is paid
Limited Company If corporation tax is paid.

If you are a registered Charity then you would select the relevant Charity option.

This topic was automatically closed 14 days after the last reply. New replies are no longer allowed.