New Company Packages
- Limited Company Formation Packages
- Guarantee Company Formation
- Public Limited Company Formation
- Property Management Company
- Commonhold Association Formation
- Limited Liability Partnerships
- Offshore Company Formation
- Charities
- Company Formation for Overseas Residents
- Northern Ireland and Scottish Companies
- Community Interest Companies
- Ancillary Services
- Legal Advice and Consultancy
- Trademark Registration
- Third Party Services
- Frequently asked questions
Limited Liability Company Frequently Asked Questions
Is there more than one type of company?
There are five main types of company:
- Private company limited by shares - members' liability is limited to the amount unpaid on shares they hold.
- Private company limited by guarantee - members' liability is limited to the amount they have agreed to contribute to the company's assets if it is wound up.
- Private unlimited company - there is no limit to the members' liability.
- Public limited company (PLC) - the company's shares may be offered for sale to the general public and members' liability is limited to the amount unpaid on shares held by them.
- Limited Liability Partnership - This is an alternative corporate business vehicle for partnerships that gives the benefits of limited liability but allows its members the flexibility of organising their internal structure as a traditional partnership.
