Company forms
If you want to establish a company, you must make a
decision on the form and extent of the business.
Running a business or any other type of acquisition
of income is considered independent when done at
one's own risk. You can exercise your business as a
sole proprietor, or in the form of a single-member
company, limited or unlimited partnership, limited
company or as a cooperative.
Unlimited and limited partnerships, limited
companies and cooperatives each have their own
specific laws. For more detailed information
on the types of companies we advise you to
familiarize yourself with those laws. What form of
business fits best for you, depends on your
entrepreneurial purpose and has to be decided
individually. In any case you should consult a tax
advisor for a individual solution.
Single-member company
A single-member company is the most natural form of
business where an entrepreneur has got unlimited
liability.
Unlimited partnership
An unlimited partnership is a small business which
is to be run together with someone else. The
partners are responsible for the business with their
entire property.
Limited partnership
A limited partnership can be established by at least
one ordinary and one limited partner. It is
typically a family-owned company in which the
administrative authority and decision making lies in
most cases with one partner, the general partner.
Limited company
Limited companies are divided into public and
private companies. It can be set up by one or
several persons. The shareholders are not
responsible for the operation of the company with
their personal property rather to the amount of
invested capital only.
Cooperative
A cooperative is a community the number of members
and amount of cooperative capital is not predefined.
The members of a cooperative are not responsible for
the liabilities of a cooperative in person.
Society
A society is always founded to fulfil one or several
predefined goals. The primary purpose of a
registered society cannot be to practise a business
or to gain profit.
Foreign
Forms
Overseas Companies
Check this link:
http://www.companieshouse.gov.uk/forms/formsOnline.shtml
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