Wednesday, 28 December 2011

UK Limited Company - Why As A Freelancer or Contractor You Might Want To Set One Up

Although it’s perfectly possible to freelance as a sole trader or partnership, a large proportion of
freelancers prefer to “incorporate? – in other words, to set up a limited company.

One of the main reasons for this is that some clients are wary of working with unincorporated businesses because it puts them at risk under the employment status rules. However, it’s not the
only reason.

Having a limited company lends certain credibility. It is a separate legal entity, which

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