ltd company

Question by newbie Reward: 100 Pond Points + 10 Knowledge Tokens Status: Pending a resolution
what arethe advantages and disadvantages of becoming a ltd company



Reply from leakywelly User Rating:  2550 Knowledge Tokens
years ago it protected the business founders,now it doesnt really give that much advantage more what the government want.the law is so complicated and beint a ltd company can cost a fortune you have to have certified accountant you cant do your own tax returns and you have to be audited reguolarly.think carefully before you do anything your bank should help much more.
Reply Rating: 0    


Reply from leakywelly User Rating:  2550 Knowledge Tokens
years ago it protected the business founders,now it doesnt really give that much advantage more what the government want.the law is so complicated and beint a ltd company can cost a fortune you have to have certified accountant you cant do your own tax returns and you have to be audited reguolarly.think carefully before you do anything your bank should help much more.
Reply Rating: 0    

Click here to begin asking FREE questions


Although this question is closed, you can still post comments for others to read.



Some other Miscellaneous questions you may be interested in: Your Reward:
1  cleaning glassware 25 Points
2  how do i say how are you in polish Log in to view
3  winnie pooh afraid of which imaginary... 25 Points
4  10 black mayors in birmingham 25 Points
5  what was Gandhi's fathers name was he... 25 Points


Information provided on AnswerPond.com is not intended to substitute for informed expert medical, psychiatric, psychological, tax, legal, computer, investment, accounting, or other professional advice. For questions that require professional advice, please consult a qualified provider who is licensed in your state or country.