f5e16a7b_UK__Ltd_Company_vs_Sole_Trader__Features
[Sole Trader (Self-Employed)] Sole Trader is personally liable for all his business debts. There is no distinction between personal and business money [Limited Company] The Ltd Company is a separate body from the owners/shareholders and hence no personal liability and your liability is limited by the amount unpaid on your shares. The Directors of Ltd company only liable if they continue trading when ltd company is insolvent [Features] 
Liability/Insolvency
S e t U p C o s t s
C a p i t a l R e q u i r e m e n t s
A d m i n i s t r a t i o n / M a n a g e m e n t
E m p l o y m e n t S t a t u s
E x t r a c t i o n o f p r o f i t s
L i a b i l i t y / I n s o l v e n c y
D i s c l o s u r e
R e c o r d s
W i t h d r a w a l o f p r o f i t s
Sole Trader or Limited Company in UK? Ltd Company vs Sole Trader
Features