Running a limited company

Introduction

Guide

Limited companies exist in their own right. This means the company is legally separate from the people who run it. They can be owned by multiple people and the owners of the company (shareholders) are personally protected if the company fails.

The director of a limited company is responsible for its operation.

This guide outlines what you must do when running a limited company - including directors' responsibilities, company annual returns, reporting company changes and how to take money out of a limited company.